ZRX (0x) profit time

"Buy the rumor, sell the fact."

It's been long time coming but ZRX will finally be listed on Coinbase. Price has been rallying the last several weeks and I think it's a good time for some profit taking, since the news is now official.

ZRX/BTC has hit some resistance and while it can possibly go higher, taking some profits now can never be wrong.

ZRX/ETH on the other hand has reached all-time highs. Now that the news is out, I won't be surprised if some big players start selling their positions to the latecomers. Price has pumped too much, in my opinion, and a pullback can be expected.

Looking at the fibonacci extension, purely based on technicals I also think it's good to take some profits at these prices.

Good luck.