Quite possible. Idea is that we could be aiming for 20 sats and beyond in the coming weeks. There's a possibility the correction can develop into something even more complex, but only time will tell. Fundamentals seem pretty solid.
The channel has been pretty accurate thus far. Keep an eye on 29xx. If it breaks we're looking at a considerably lower USD price. I'm liking the .886 though.
*Not to be considered as advice for entry.
There's a lot going on in the chart, so here's what I'm looking at.
1. XZC looks to have been correcting since first traded. The highs in 2017 were a .786 retracement of price when first traded. The move also looks very much like a three wave move.
2. Alternatively, we have completed wave one and are either close to...
Count could be wrong, I'm not a pro, therefore this should not be considered avice for entering a trade.
Idea is that Zcoin against USD has a completed ABC correction. The 5th wave of C being an ending diagonal. Expecting a five wave move up (wave one of one) with a deep retrace and a revisit of the lows, potentially a good long entry. If low is broken, count invalidated.
Count could be wrong, I'm not a pro and this should not be considered advice to enter.
Idea is, Zcoin against USD looks like an ABC has completed, with wave 5 of C being an ending diagonal. This leads me to believe that wave one of one has already completed and we're soon entering wave three of wave one. Targets in green. I would expect a revist to the lows with...
