What you see here is a falling wedge with a target of $1.00 with more confluence for a short trade.
Between $0.94 AND $1.00 is where the trade should be made.

Confluence:
– Old POC ( not a naked POC )
– VAL slightly below.
– Daily level
– Target falling wedge
– Fibonacci Time on start/finish falling wedge
– Fibonacci Fan
– And the big one: the golden pocket.

With all those reasons I think it provide a good trade opportunity. This potential reverse zone ( where price is likely to fall ) is not small so you have to wait on confirmation on the smaller timeframe for the perfect entry. ZRX is in a bear trend in the bigger timeframe which helps the trade to succeed.

Target should be below $0.6.

Edit: Fib time label 25 of March should be 25 of April of course.

COINBASE:ZRXUSD