XZC/BTC (Pullback>Flip Resistance to Support?)XZC/BTC
-After the local resistance breakout 2 days ago
-The price has already pullback to previous resistance
-This current market price level is a confluence of previous support & resistance
-If Zcoin the hold immediate support for the next 3-5 days
-There is a chance it will continue higher
-The upside potential is up to 10,000 sat range
-Bearish scenario, going below my green support will invalidate my Bullish bias
Xzcbinance
XZC Looking Bullish (Go LONG)I have pinpointed some important things on the chart which shows the move is bullish in coming days.
1. Two Daily rejections on Weekly Support. Indicating support is strong.
2. Candles making higher lows means bullish trend.
3. Enter the trade once a daily candle closes and opens above 5860.
5860 is a resistance level of the weekly zone.
during the last 7 days, the XZC is in the consolidation zone. wicking both the weekly resistance and support.
Just wait for 5860 zones to cross, after that it would be bullish.
In worst case, If move reverses, it is going to test the 5410 daily support, and 90 percent chances are going to be rejected.
Trade safe. Goodluck
XZC/BTC (Bullish breakout: up to 70% profit target)XZC/BTC
-a bullish breakout above 200D MA
-incoming bull cross of 50MA and 20MA
-breakout of descending trendline resistance
-priority is upside
-target is up to 8500 - 9700 sats
-stoploss below 50MA
XZC/BTC TA Update (Bullish Pattern Confirmed)XZC/BTC
XZC broke bullish of this descending channel and made a Higher High at 5600 sats area.
This move up is a bit extended causing the RSI to hit overbought conditions immediately.
I'm expecting the price to pullback at the key support area to continue its uptrend for another potential leg up 5000 - 4700 regions.
XZC you gotta pump it up 75% + potentialXZC is consolidating over 2 months in the range of 5-7k, now at the bottom shelf, volumes are increasing, on the graph there is a pronounced double bottom and pulling to the level, the first targets for fixing are ~ 6500-6350. The second target is on our favorite number 1.618 fibb ~9000-9175.
LOW MARKET, BUT... DON'T MISS $XZC BOTTOM!Sfunny that i never published zcoin chart here on my tradingview account, because it should've got my attention and my priorities to chart this one, but, screw that. Let's make this come to life.
I consider XZC as one of the bluechip out there actually, just minus volatile market because all this chart do on the price is bearish the whole year. So people stay away and actually waiting for the best time to get in. I say, it can be now!
This coin mineable and has 21,400,000 max supply with only less than 6 million of em are on circulating and with $57,954,338 total market cap at the current moment, Zcoin is ranked #103.
The chart looks pretty much bottom plus it was bearish the whole year all the way down. The fundamental is great and being listed on many big exchanges which mean it will backed up it's exposure.
Short term target is 0.002232 as it was achieved recently and looking forward to revisit that level anytime soon. For longer time frame player, I use fibonacci as my guidelines, you can use it too for targets.
I will post a closer look later on.
*************************************************************************
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
-------------------------------------------------------------------------
www.tradingview.com Rules:
#1 Always obey tradingview.com house rules
#2 Always read the description
#3 Don't spam on the comment section
#4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after
#5 My opinions are not financial advice, follow it at your own will and your own risk
#6 Together, let's build a better community on this platform
-------------------------------------------------------------------------