guillermitito1

Uptrend of ZCL-BTC until Feb. 26th

Long
guillermitito1 Updated   
BITTREX:ZCLBTC   None
My view of the ZCL trend for the next 4 critical days until 2 days before snapshot:

ZCL is clearly coupled with BTC. BTC seems to have rebounced thus it´d push ZCL upwards until the next fibonacci resistance (around 0.0152k satoshis) and, if broken, it will move upwards to test ATH and the next fibonacci level (around 0.0193-0.02k sats).

The MACD levels crossed already signaling an upwards trend.

There would be a possibility of reaching the lower fibonacci level of 0.011, but this has a lower % of happening (80% vs. 20%)

P.S: This might be however further pumped if breaking news were released (exchange support, etc.)
Comment:
We have had a correction and BTC seems to be in uptrend again. We need to move the graph one day later in time. Next test would be 0.0148 and if that was broken we would go to the 0.0150´s fibo resistance, possibly happenning on the 24th.

In the case of breaking up, we would target then 0.018
Comment:
Well, it seems that this fork has not behaved like the previous forks and that the market turbulences around BTC have affected it. We´ll see if we can reach the 0.0140´s before the snapshot on the 28th.

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