ZRX Manipulation

ZRX Manipulation

Today I wrote in the Tradunity Telegram Chat:

ZRX broke above previous major high. I believe in Correction. The progress of wave A was quickly nulled.

Actually, as you see in hindsight, it was a clear manipulation:

  • #FOMO wave has extremely size of volume. Extremely high volume on up-bars = hidden weakness.
  • #SLKT above the #FOMO waves – additional Trap of smaller scale (intraday size)

So, the current trading range is developing in the format of the #distribution stage. That is why I do believe, #ZRX #cryptocurrency has negative sentiments

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