If you read my previous signal on ZRXBTC you'd be already familiar with my two support/resistance lines. As you can see the second one held and price started reversal there, I waited before posting this signal because BTC looked like it could pump more, which would have dragged ZRX deeper.
This huge pump took ZRX over the R and even the ichimoku resistance, I expect now a retracement, maybe a retest of support and then the climb up should keep going until BTC starts the engines again. For the end of the year many see BTC around 100k, this should mark the begin of the end of the cycle. When BTC will reach that price we should see a massive outflow of money from BTC to major alts and then to all the others. I expect ZRX to start outperforming BTC after major alts as I don't see it as "major".
If price retest support it might be a good window to entry but set a stop loss.
Good luck!
This huge pump took ZRX over the R and even the ichimoku resistance, I expect now a retracement, maybe a retest of support and then the climb up should keep going until BTC starts the engines again. For the end of the year many see BTC around 100k, this should mark the begin of the end of the cycle. When BTC will reach that price we should see a massive outflow of money from BTC to major alts and then to all the others. I expect ZRX to start outperforming BTC after major alts as I don't see it as "major".
If price retest support it might be a good window to entry but set a stop loss.
Good luck!