Btcp
ZCL PredictionZCL maybe following Elliot pattern, while it seems a bit impossible but there is slight chance it will be happen prior to fork since we're waiting for exchange support.
Anw, I'm noob and beginner in technical analysis. Any critics would help me.
Bullish Pennant Building In Z-ClassicSuper bullish on Z-Classic. In my last chart I suspected a bullish ascending triangle, however with more data I believe it could be building a pennant now.
ZCL/BTCP snapshot date is 28-02-2018. Holders of ZCL will get 1:1 allocation of BTCP (Bitcoin Private) during the upcoming fork. This will fuel a massive pump I believe, most likely followed by a huge dump after the snapshot is complete. We have seen similar things time and time again in BCH, BTG, and NXT for example.
I've been doing research on the Z-Classic team, product etc and they seem solid, as does Bitcoin Private.
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ZCL consolidating and getting ready to make a moveZclassic is starting to tighten up a bit along the .618 fib level, which appears to be an area of reasonable support. I think that we're going to make a move to either the .5 or .786 fib levels reasonably soon. A move to the .786 fib level makes more sense to me though, as we've successfully tested .618 three times. I believe this is also evidenced by the fact that zclassic has barely moved compared to other alts during this crypto bloodbath. I attribute this to the fork hod'lers and others buying in when the price dipped bc of bitcoin. Look out for some upward movement but keep in mind, a serious downward movement by btc can change things quickly, so be careful.
Z-Classic Megabull Waiting To Be ReleasedSuper bullish on Z-Classic right now. From a TA perspective, we are building a small ascending triangle inside a much larger one, the RSI is strong, price well above the kumo, chikou and tenkan have made bullish crosses.
From a non-TA perspective, holders of ZCL will get 1:1 allocation of Bitcoin Private during the upcoming fork. This will fuel a massive pump I believe, most likely followed by a huge dump after the snapshot is complete. We have seen similar things time and time again in BCH, BTG, NXT for example. I've been doing research on the Z-Classic team, product etc and they seem solid, as does Bitcoin Private.
Anyway, strap yourselves in a get ready for a crazy ride!
PM me for entries, targets, custom charts, access to my paid Telegram group or my chart analysis course.
ZCL longterm analysis Latest news from the Bitcoin Private (BTCP) aka ZClassic (ZCL) team:
"We are pleased to inform our community that the fork simulation was a total success! Tune in to our live-stream later today (details to come) for our first official Bitcoin Private conference and for the major announcement!"
ZCL -> BTCP fork simulation was successful.
Looking forward to the major announcement later today.
The new wallet is already available to store your zclassic coins to ensure a successful distribution of BTCP for each ZCL (1:1) you have stored.
ZCL 2 hr formation- enter on the bounce off the 118k - 126k support lines
- target: 170k sats
- BTCP fork incoming at the end of the month
- set tight stop losses and trade at your own risk
- DYOR
ascending triangle consolidation? we had a nice pump yesterday after breaking out then having an "announcement announcement" to pump it further. with "a big announcement" coming on sunday, i think we could see another nice move upwards in the near future.
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Disclaimer** I have no TA training and consider my self an amature
ZCLBTC Key LevelsBTCP Fork has been delayed 4 weeks, ZCL price will dump and we will look to accumulate the bags of FUD sellers as they wake up.
ZCL will be a good short-mid term long moveI believe ZCL 0.27% will be a good short-mid term long move with the upcoming fork. The marketcaps of the other BTC 4.49% forks are in the billions where ZCL 0.27% is still at 520, which in my opinion still has time for growth to atleast double. There is no confirmed date on the fork yet but the additional tokens, would be a great addition to your bag in both ways!
Details below from the ZCL 0.27% reddit
What is Bitcoin 4.49% private? Bitcoin 4.49% private is a hard fork of BTC 4.49% and ZCL 0.27% . BTCP will have the same privacy technology as ZCL 0.27% (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
Who is running the project? Rhett is the lead developer. Overall, our contribution team is huge. This is a truly community driven project and we are all invested in making this fork happen and BTCP the future.
When is the hard fork date? The exact date of the hard fork has not been announced yet.
How will BTCP be distributed? If you have 1 ZCL 0.27% , you keep 1 ZCL 0.27% and get 1 BTCP, if you have 1 BTC 4.49% , you keep your BTC 4.49% and get 1 BTCP
What is going to happen to ZCL 0.27% after the hard fork? It will still exist, though we are unsure how its development will continue as of right now.
Is there a premine or a founder's reward? No to premine. We asked the community about a small founder's reward and the support was not overwhelming.
What exchanges will support the fork? We are actively working with exchanges on support of the BTCP fork.
Where can I store my ZCL 0.27% to ensure I get my BTCP? We have recently released a new wallet which you can find here. We recognize this wallet may not work for everyone still and are working on multiple other platforms to be released before the fork.
How do I mine ZCL? Here is a guide for mining ZCL 0.27% on miningpoolhub
How do I get involved in the fork? Please reach out to us here on reddit or other social media platforms. Also, see the issues posted on github that we need resolved for BTCP. There are a few bounties for them too.
Where can I buy ZCL 0.27% right now? Bittrex, Cryptopia, and Coinexchange. io 8.82%
How do I claim my BTCP from ZCL? More information on this is forthcoming. Please be patient.
How many BTCP will there be after the fork? There are 3 million ZCL 0.27% and 16.7 million BTC 4.49% , so there will be 19.7 million BTCP after the fork.
I have a holding position in ZCL 0.27% and I am long with a target of .014 BTC 4.49%
Zclassic - Double Cup&Handle... Upside imminent!! High profit!ZCL- Zclassic
Double Cup and Handle formation = extremely bullish...
The news at the end of the month which is airdrop of Bitcoin plus to anyone holding ZCL at ratio of 1:1.
So this coin can easy go 300%++
ZClassic - the private bitcoin. Get in before the crowds. Zclassic first caught my attention when the mentioned they would be forking zcl to become BTCP - Bitcoin Private. Although this was announced some time ago, because of the relative obscurity of the coin, people have been slow to buy in. After the fork, your ZCL will become BTCP. This will be huge for several reasons. First, everyone who has a btc will receive a free BTCP. However, everyone who has a ZClassic coin will also receive a BTCP. When bitcoin gold is valued at $200, that makes this coin a no brainer.
If this is to follow elliot wave, we are in a current rally. Watch for some strong support. If we see it, expect a sharp upward spike. They'll be a small constellation, then the moon shot of hodlers wait to get their extra coin.
This is a coin where those with their ears to the ground will triumph.
ZCL BTC 3 Hour Chart AnalysisAs expected, $ZCL continues its consolidation period after experiencing a massive bull run the past ~30 days. The price is still testing a major support at around 1.1m satoshi, and if it breaks through this support, it is safe to say that it can drop down to the next major resistance turned support at around 800k satoshi. As of now, the volume on Bittrex has steadily decreased, and there seems to be a massive sell wall at the 1.2m satoshi price mark. If this sell wall is broken (once again, pending further news and development on the #BitcoinPrivate fork), we can expect another massive bull run. RSI is at around 43, which means that it is starting to get into oversold territory.
ZCL/ USD QUICK LOOK!HEY TRADERS, HERE'S A QUICK LOOK AT ANOTHER INVESTMENT. VERY BRIGHT FUTURE, LOOK INTO IT YOURSELF <; I'LL GIVE YOU A HINT...BITCOIN PRIVATE. THIS THING IS GOING TO MOON, BUT DON'T TAKE MY WORD FOR IT. DYOR!! ANYWAY ENJOY MY FRIENDS.
ZCL TA:
+ IF WE GET A FULL CANDLE BODY UNDER $174 WE ARE IN DEEP SHIT UNTIL TEST AT $129 SUPPORT.
+ WITH THE EXCEPTION OF SOME INTERMEDIARY WHITE RESIST LINES, WE ARE WAITING FOR THE PRICE BREAK AT $242. ONCE WE REACH THIS SUPPORT...STRAP ON YOUR GODDAMN SEAT BELTS FELLAS!
HAPPY HUNTING MY FRIENDS. DO YOUR OWN RESEARCH, ALWAYS ;>
ZCLBTC Hourly Chart AnalysisZCL had an amazing run since the announcement of the $BTCP (BitcoinPrivate) hard fork (for further details on the fork please see btcprivate.org), shooting the price up from $2 mid-December to a high of ~$245 on 1/7. As can be seen, there was a healthy correction today, with the ZCL/BTC price decreasing 28% to hit a support at around 1m satoshis. In addition, there seems to be a strong resistance at around 1.35m satoshis. We will see how this resistance holds as further news on the fork is released (whitepaper, fork date, exchange support). I expect there to be further consolidation within the 1.28m - 1.35m satoshi channel until then.
ZCLBTC Craze with Bitcoin Private ForkAs you may know, ZCL is forking to BTCP 1:1, also known as Bitcoin Private.
If you haven't noticed, all Bitcoin "forks" or anything with Bitcoin in the name goes up to a few hundred dollars.
I think BTCP price will exceed price of most BTC forks such as gold, diamond and possibly even cash, but that can be debated.
This fork actually has use "privacy", could be easily understood, and has a supply cap of only 1.8M coins.
ZCL is still under $100 USD, greatly undervalued if you hold for the BTCP Fork.
On the news, it shot up, and we've seen a lot of sell offs, mainly due to people pursuing quick profits, ignorance, impatience and price suppression from whales, or big players.
I am holding a good amount of these I bought at $2.5 USD (currently 4000% up) until the BTCP Fork, will sell some as soon as snapshot for fork is taken.
As for the Technical, we should break out of Symmetrical triangle soon, will wait for bullish confirmation based on upward movement, break of swing high and volume kick.
If you are interested in longer term Investments, check out our newsletter at the bottom of our website at thecryptolabs.com
We recommended this at $2.5USD, and have achieved over 600% on PHR, 1000% on DRGN and over 2000% on SNOV, just in December.
ZCL: $160 Probable Before BTCP Fork (68% Increase)
ZCL is currently sitting in the $90-$110 range, down from an all time high of $123 on 12/29/17.
This is the first bitcoin fork that you can receive the forked coin (BTCP) for holding a coin (ZCL) other than Bitcoin.
Investors will buy ZCL before the fork for two different reasons: to accumulate more BTCP (due to the large difference in price between BTC and ZCL despite the same 1:1 coin distribution ratio), and to take profit on the price increase that ZCL will see in the coming weeks (as we saw with NXT before the IGNIS airdrop).
This analysis is going to rely much more on fundamentals than TA. The previous increases from less than $10 to $50, and from $50 to $120 happened solely due to news regarding the BTCP fork. Looking back at the NXT/IGNIS airdrop, I think most people would agree that external events caused the majority of price action, not investors acting on TA.
NXT saw a rise from $0.06 to $2.00 prior to the airdrop, and then we saw a sharp decline from the peak of $2.00 to $1.00 just before the airdrop, and another sharp decline from $1.00 to the $0.50-$0.70 range immediately after the snapshot occurred at block 1,636,363.
What I could see being different in this scenario is more support as the price reaches new all time highs because BTCP's supply (21MN) is significantly lower than the supply of IGNIS (1BN), making a much higher potential price after the fork as we saw with previous BTC forks. Additionally, as I mentioned, this is the first ever Bitcoin fork that will be distributed to holders of a currency other than Bitcoin. Due to the large disparity in price between BTC and ZCL, savvy investors who want to accumulate BTCP will move their funds from BTC to ZCL prior to the fork.
Other events to look out for that will likely result in a ZCL price increase are exchanges announcing their support for the fork and updates from the dev team. For example, when Bittrex announced support for the NXT/IGNIS airdrop a week before the airdrop, we saw a short-term spike in NXT's price. Considering there is no official fork/snapshot date announced yet, I think it's safe to say that we are still in the early stages of the fork -- public awareness is still low.
Now let's put this into perspective: people dumped NXT heavily after the IGNIS airdrop, and the price plummeted from $2.00 to $0.57. NXT currently has a market cap of around $575MN at a price of $0.57. If ZCL reaches just HALF of NXT's market cap AFTER it got dumped down to $0.57, the price of ZCL will be around $160. If ZCL reaches NXT's market cap at the PEAK of its pump to $2.00 (market cap of $2.1BN), ZCL will be $1,160.
I encourage anyone to share their opinion on this. I think a lot of people are discouraged from buying right now because of how quickly this coin has grown since the beginning of December 2017, but it's important to remember how low the supply of this coin is (it's 121st by market cap right now at a price of $95).
ZCL Idea, before HardForkZCL Hardfork is coming, price is rollercoastering between 110 and 80 dollars.
This month the Hardfork is happening, if bittrex accept the fork, price can go 300%
(fork = 1 zcl 1 btcp 1:1)
Don't invest in my chart, please do your own research, im a novice trader and this is my first chart.