Anon
ZClassicThe left chart shows the trading range we are currently in. A break up would result in testing the 0.002 as a short term projection.
The right chart indicates more a long term projection. The resistance lines are shown.
Big news will follow up, until the fork happening on 10th of September.
The ANON Team will be announcing exchange markets , and some new surprises, which in my opinion will lead to the highs. Let's see :)
ZCL BTC ANON Fork (Revisited)Well as they don't manage to promote "Pump" there own shitty coin for the ZCL/BTC/ANON Fork on 10th September...
u should follow this way if u don't want to lose your pants and maybe ur shoes and sockets too..
Don't buy ZCL in the Red Areas... Strong Hands will wait the last moment to pump it.
Everything can change very fast so stay safe.
All in the graph.
Happy Tr4Ding !
1000% Profits With Bytecoin A Fork Of Monero Crypto Is all about patience and strategy.
Bytecoin a fork of Xmonero one pf the most secure and anoynmous.
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Entry Points: 0.000000050 - 0.00000030
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ZCL/BTC ---- Another Bull IncomingCongrats on previous profits! :)
Right now, we are inside the descending triangle, which is more of a bearish sign, unless it breaks out of it.
Until that, I have outlined the support levels with the main one being at 0.00146. This should be a good time to buy this coin with a profit projection to 0.00265.
Good luck :)
zclassic upcoming fork trend should continue after fork snapshot as wider exchange support for zcl and anon comes in the next few weeks, have fun, general market sentiment turning.
ZCL/BTCOn a daily timeframe we are in a falling edge since ZCL's last major increase in price in late April. Once we breakout, we will have a few resistances but main one at 0.00225. Breaking that resistance will push ZCL higher.
Fundamental news:
9th of September - Hard Fork (BTC ANON)
The team behind the fork is very transparent and very talented.
ZEC and XMR: Could they replace ETH, maybe BTC?This is just an idea, very speculative one at that...seeing the ample discounts in $ZEC and $XMR, I started thinking that maybe, fundamental risks and technical challenges in the $ETH roadmap, and the $BTC scaling war could benefit these two coins in particular.
I'm putting them both as a highly speculative long idea here, you could accumulate gradually over time and hold, or watch them carefully, specially once $BTCUSD tops at 6900 or up to $9750 this year, before starting a bear market that can last 2 years, possibly. An alternative is a tight stop long, risking this to be the bottom, but you shouldn't risk more than 1% on it. I'd risk even smaller if going long. Buying a 1-2% allocation on each wouldn't kill anyone.
What is the general concensus here? I'll be doing more research on this subject, I think we might be on to something.
A few positives and negatives:
Negatives first:
ZEC so anon that supply numbers could be fake?
The BCN code they used to fork $XMR off could be suspect, maybe there is a problem with ring signatures?
Inflation in ZEC?
Developers aren't anonymous, unlike Satoshi...
ZEC has institutional backing
Positives:
ZEC has ZK Snarks and finite supply of 21 million coins
Both are black market friendly/money laundering galore -for now?-
XMR community and development teams are solid.
ZEC development team is really solid.
ZEC has institutional backing
ETH killers, potentially both...POS is a big risk, unknown outcome.
BTC killers? Store of wealth could be fulfilled by ZEC easily, but inflation is a bit steep now. XMR, similar situation. Asic miners I think are a big problem in BTC, centralization risk when you can't compete freely on hashpower. Although this could change with new companies entering the space in Japan for example.
Dash sucks.
ETC sucks.
LTC sucks.
Feedback welcome,
Best of luck.
Ivan Labrie.
Monero: Rising RedemptionGood technology behind this coin. After laying dormant most of the year, Monero finally made new ATH's 4 weeks ago. That rally was cut short by China fears and Bitcoin dumping hundreds of dollars; causing the entire crypto market cap to tumble in the process. TA shows that Monero has come to rest upon previous resistance, which is now support. It is likely that the price will bounce here before we continue on to new highs.
1D RSI is oversold and our SQZMOM indicator is curling up on the 1D timeframes, as the bollinger bands continue to tighten.