After a large hump of uncertainty, it appears that XZC is finally on the rise again. Will it spike back up to it's trend line? If so the returns could be 5 fold. An exciting time for a coin that appears to be paving it's own path in a bear market
As much as I'd like this to do a third moonshot it just doesn't have the current support to do so. -Daily stoch rsi is oversold -double top formed -little support in order book I'm going to sell a portion of what I've got to rebuy when we hit one of those support levels and rebuy for the inevitable upward motion. There's repeatedly been large sell walls held at...
Set a stop - loss below support. If it breaks resistance I see the 3 following targets as shown on the chart. Primary target is based upon multiple Fibonacci alignments at that price level.
If price breaks resistance look for a move up towards the fib extention of 1 or 1.272. Bullish on the 4 hour chart and possibly looking at a third wave in the elliot wave pattern. Also can see hidden bullish divergence on the chart.
At these prices i favor a long, relative low risk, but potential great rewards if it goes to retest ATH around 700k.
As depicted in the chart, several signs imply we are repeating the same pump happened before. With MTP releasing in about two weeks, we'll see what's happening next, there's great chance of a pump ahead. However, the team of XZC is so weak, and the angel investors are always eager to take profit from the investment, possibly hodlers should not be that optimistic,...
It could continue higher from here, reaction on support, with previous candle on high volume.
So ZCOIN is a privacy coin amongst many, but one of the lower market cap coins. It has some interesting variation on the ZCASH technology I believe, and a strong community that supports it. To be honest, I don't know a ton about it, but today was a trading day so I picked coins that I saw having high upside in the short term. If you look at the past few months...
huge double bottom on support with inverse head and shoulders fractal forming.