XCZ/BTC Trend

At a yearly support level, we saw some reaction at this level on the weekly, price is back down to retest the yearly again. For a long position you would want to see this level hold, easy stop loss considering the potential up size. Would not take a large position here but worth a look. Keep your eye out if it starts to gain levels.

Note

4 Hour squeezing

Note

Still looking good, strong confirmation if the long squeeze fires, need to hold the last level gained for continuation. As we are still in a longterm downtrend it would not be ill advised to move your stops up now as we bounced off a previous resistance. Zcoin needs to keep gaining.

Note

Stop hit, made a new local low. Next trade would be a retest of the original low a few months ago.

Note

Reached the original low, need to see momentum shift if your still looking to get long

SwissMllk

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

SwissMllk