ZRX has bounced nicely since hitting a short-term bottom at 7300 and it trying to test the highs above. ZRX does have a possible upcoming catalyst with a Coinbase listing and with yesterdays news of Coinbase allowing more coins to request listings, ZRX has turned very bullish and could be set for more gains if Bitcoin can get above this resistance level.
RSI still has room to move up before hitting resistance so we can get one more test of resistance before moving down. MACD histo has turned positive and signal lines are flat above median so far. Would be smart to wait for some type of move before entering a position because we are currently in a no-trade zone.
Thanks guys!
RSI still has room to move up before hitting resistance so we can get one more test of resistance before moving down. MACD histo has turned positive and signal lines are flat above median so far. Would be smart to wait for some type of move before entering a position because we are currently in a no-trade zone.
Thanks guys!
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