XZCBTC wave patterns and fib extensions to predict entry and exit points to trade the up trend. Enjoy!
It's going to be an interesting market for investing. The price bounces from 0.002000 support level. MACD confirms upward movement. ADX line rises and it confirms a beginning of a new price movement. Strong bullish candles also tell us about interest to this market. We have trading opportunity. Buy orders should be placed above the high of the bullish candle. It's...
Zcoin is showing a very good sign of more upside. It formed a double bottom on the 61.8 fib level with a slight divergence. It seems have almost completed its consolidation phase and is entering an impulse stage soon. If we look on the daily time frame we will see that we have been on this price level a few times before. This support area is holding up very well....
Here is a setup for XZCBTC to enter long. It can definitely go higher, but for a short term trade, we can buy in this area. Why can we buy this setup? It broke the downtrend and is showing a side channel for a continuation move of the initial impulse move. This is an ABCD Pattern trade strategy. What are your thoughts? Want to see more? Like, Share, and Follow....
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.