ZRX/BTC - breakdown zone was tested.The vertical triangle is broken down.
The last bar shows that the breakdown zone was tested.
Closing the test bar will open the way to a decrease.
Moving averages confirm decline.
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Zrxbtcsignals
ZRXBTC Buy SignalBased on the RSI pattern (around the overbought zone) I expect a sharp increase if the 1D MA200 breaks. The same RSI pattern is seen in the past (Dec 2017 - Jan 2018 and April 2018) and on both occasions a strong rise followed (+1600% and +360% respectively). The less optimistic scenario puts the target tag at 0.00006500.