To me, RSI and price are making a pretty impressive bull divergence. Trend has curved upward significantly in the past three weeks. Price is coming to another consolidation end point relatively soon. This is getting pretty exciting and I can't wait for the pop to happen. I do not have a price estimation at this point. Need to wait for some data to build first.
Stop loss will be set below overall downtrend line.
Note
Well the boom I wanted didn't happen and instead reverted to another downtrend with BTC. Now it seems to be following BTC Correction waves. ZRX is in a downtrend channel right now with some reversal signs starting to form. Waiting for the breakout above.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.