A clear vision on Zclassic

Updated

As history shows it's kinda hard to see the elliotwaves for Zclassic because when we're drawing the second and the fourth wave RSI is still not undersold.
Normally the graph shows a histogram between -100 and -300.

Let's try to catch the third wave. ;)

Note

Looks like Zclassic made a red spike exactly towards my second wave arrow.
Now we're going up however I would like to see the CCI above 100 before the third wave has been confirmed, we have to wait to take part into this trade without any risks. At 23:00 (11.00 PM Amsterdam) I will update the chart and tell you what we will see.

aGangofHobbitz: The third wave is mostly longer than the first one ;)

Trade active

Let me show you tonight how we can see Zclassic managed to made it down exactly to my second arrow. :-)

See you guys within a couple of hours, need to work now.

Note

So, the third wave has been confirmed by CCI.
You can buy it now safely however bitcoin has a hard time so if you're about to buy with fiat you can wait for btc to be cheaper. If you're not, enjoy this ride :-)

Note

So here are your stoploss targets & the first target of the third wave.
I'll upload more targets when we reached this one ;)

Note

Tomorrow I'll give you some information to scalp on this trade so we can make some more zclassics while it decreases value ;D

We will make profit when it increases and we will make more coins when it decreases. Next to that I'll learn you how to divide your stoplosses.
28000 is a safe stoploss, if this one is broken the Elliot is broken :o

More graphs of other coins will be posted tomorrow as well, if you want me to make a ta on your coin inform me :D

By scalping we will make more coins if it's done well :D
Happy trading

Trade closed: stop reached

So did you use my stoploss? Well done, if not you can decide to cancel this trade or just hold on. If you used my stoploss you can buy back lower now which will give you more zclassic for the same price, thats up to you.

Upmarket hasn't been confirmed yet so we might drop a little lower.
Just buy back lower so we will see you with more coins on the new uptrend :)

Note

What to do if you did not sell at my stoploss?
Well let me give you some advice, I won't let you be in loss without my help :-)
Normally TA's just say shame on you, you did not listen but maybe you were sleeping at my update because you're living somewhere else with other times.

RSI shows Zclassic is overbought as hell, I'm buying back cheaper right now and then I'll wait for the positive confirmation. As you can see on my new graph it looks like Zclassic is following the clouds on the 2H timeschedulde.

n-cageman

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.