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Long
Jan 2, 2021
$XZC.X (ZCOIN), do we have an opportunity on the rebound here?
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Hi Community,
XZC seems to offer an opportunity here.
Here is what I see:
Price is rebounding from an ascending support line, which was previously tested.
RSI 1H TF just moved above 30.
RSI 4H TF is below 30.
A potential 70% profit if price breaks the descending resistance line and flips it to support.
Potential TP Targets:
[List]
* TP1: 3.70$
* TP2: 5.03$
What do you think?
Comments and feedback are most welcome.
If you think I am on the right track, a "like" will be most appreciated. :)
Thank you and Happy trading!
------------------------------------------------------
Needless to say, this is not financial advice!
Still learning here, so please be nice!
BitfulMind
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Also on:
Oscillators
rebound
rsi_oversold
Supply and Demand
Support and Resistance
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BitfulMind
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