After a long time of consolidation, the ZRX is in a troublemaker which, due to the continuation of the bull market, will be broken upwards, which is additionally confirmed by the MACD and RSI chart.
In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins.
The first stop of the new growth wave in my opinion will be the level 0d 5-6.5 $. Because there is the top of the model channel, which previously stopped the growth several times.
BTC after exceeding $ 100k will surely see another upward correction (fast and dynamic), so at this point, if there is a correction, I think that a strong support on the ZRX will be the level of $ 1.8-2.2.
Later (the worst scenario due to the far time horizon) we can see the last wave of growth on Altach which will amount to over $ 10 + (similar to January 2018. Will it happen?
Previous analyzes:
In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins.
The first stop of the new growth wave in my opinion will be the level 0d 5-6.5 $. Because there is the top of the model channel, which previously stopped the growth several times.
BTC after exceeding $ 100k will surely see another upward correction (fast and dynamic), so at this point, if there is a correction, I think that a strong support on the ZRX will be the level of $ 1.8-2.2.
Later (the worst scenario due to the far time horizon) we can see the last wave of growth on Altach which will amount to over $ 10 + (similar to January 2018. Will it happen?
Previous analyzes:
