This is an analysis based on S/D as well as S/R
Zcoin is around a monthly pivot and could jump to the next target. However, the 14 MA breakout is required for safe trading. If you wish to take this trade, it is your responsibility to do more research on the matter.
A nice example of the market buying the rumour and selling the news - XZCBTC had a great run up in 24 hours.
Znodes (XZC Masternodes) were launched at 7:21am UK Time and you can see the spike in price, and the subsequent sell off once the market had adjusted for the news. RSI indicated it was time to cut short and take profit around the same time as the news...
Znodes next month so get ready for $50
Please be buying this dip, price (probably) wont go lower
Best indicator has been the moving average cross overs so wait for the next cross for a buy confirmation
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...