ZCL Good opportunity after bears got tired (300% potential)Hi, fellas!
Here we found (LBNL) a big trade opportunity after a big dropp due by the BTCP fork. We can buy under 0.0019 and get good TPs in a long term trade.
We have oversold RSI, and really big volume incresing.
Important: Its a medium risk trade. Some pump and dump are expected during the trade, do your CM!
So, we think a trade like that for mid and long term:
Entry: < 0.00185
Mid term
TP1 - 0.002242
TP2 - 0.002437
TP3 - 0.002632
TP4 - 0.002827
TP5 - 0.002925 (+50% profit)
Long term
TP1 - 0.003022
TP2 - 0.003251
TP3 - 0.003899 (+100% profit)
TP4 - 0.004875
TP5 - 0.002585 (+200% profit)
CM - 15-20%
And let's keep watching for new TPs, if the movements keep bullish!
Warning: I do recommend Capital Management!
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren
ZCL
Zclassic (ZCL): What's Up With This Chart?Zclassic (ZCL) has been sold all the way back to the stone age. Showing extremely oversold on the RSI and reaching incredible lows on every single charts.
Gains made in the past three months were completely obliterated in just a few days, and now comes an opportunity for a short run. But don't expect it to go that high, as there can be millions of bag holders waiting to sell.
Either way, the chart looks good for some short term and swing trades (for advanced traders).
The daily chart allows for plenty of room for growth.
What is your opinion, how should we trade this coin?
Note: This is not a trade suggestion. I am posting this, just asking questions...
Please share your opinion in the comment section.
What would you do my friend, in this situation?
Namaste.
ZCL - ZClassic HEAVY increase in volume!Possible pump and dump incoming. Heavy increase of volume in the ZClassic coin. The coin died after its fork two weeks ago.
This smells like the beginning of huge pump and dump. RSI shows us that the coin is desperate for a retracement, let's wait for it and try to profit from this rapid increase.
(Price already pumped 125%!, Pump could already be over, so lets wait for an entry level to know for sure).
ZCLBTC LONGTERM, WILL IT RECOVERWe recently saw a big downtrend of ZCL because of the sell-off regarding the btcp fork.
As for now it looks like the panic sellers are exausted and zcl found its bottom.
Its likely that this coin will stay like this for at least this month. after that we have to see if there will be any process.
Bear in mind that the developers did not leave this project. On the btcp page is noted that this currency will continue to develop. So there is still hope.
ZCL/BTC - Dead cat Bounce - 03/04/2018Even a dead cat that fell from the 10th story has to bounce....
ZCash ready for a bull run after BTCP/ZCL hypeMany factors indicate an uptrend for $ZEC:
1) BTCP snapshot was taken today which led to a dump in demand for $ZCL
2) Chart patterns are almost identical to what happened before the last pump
3) MACD is showing similar movements like when the last pump happened
4) ABC-correction wave is already over
I opened a position at 0.0368BTC/ZEC
ZCLBTCZCLBTC
Now we have some more power on 1 h
Need to be rsi cool down and power effects longer timeframes
Than we'll say goodbye to 125 sats resistance
ZCLUSD - promises %80 Profit ZCLUSD
I've made a lot of charts about zcl last 3-4 weeks, looking to usd pair makes your mind clear, and you can focus on altcoin itself
There is C&H formed that i was keep an eye on it, now handle form finished and its time to go up with %80 profit
Enjoy the ride..
Despair wind on [ZCL] => Very bearish !The bubble on the ZCL is finally broken, a despair mouvement is going to continue.
Be alert on the RSI for buy the dip ;)
A Bitcoin Chart where I talk About ZCL Dump. And King Kong. All I added to this chart today was a grey trend line that you can see following in the same direction as the X wave. Just to show a tid bit more support for poor old BTC.
After yesterdays short fall on the 4 hour it was an additional sign of WEAKNESS on btc to not be able to cross the yellow trend line. Folks, we have a LOT of heavy resistance on btc as of yet. The bulls are hungry. Many of the fish are bullish and will not let go so the Y wave I have drawn may not go as low as 5k, however I feel very strongly that we will have a Y wave to really shake out any of the remaining weak hands.
For the short sellers out there shorting at the top of X could be an excellent play. I think the safests bet for all is waiting for the second bottom to play out along side a plethora of BTC is DEAD news and media bashing. My time is limited to only a few hours per day of watching the charts - So my plays will be based on day/swing trades that last between 3 days up to 6 weeks. No trades as of yet though...Im currently on the sidelines waiting and watching this lovely BTC beast make its moves.
Once this King Kong of cryptos finally gets back off its but like King Kong did 46 times in the move "Kong, Skull Island" I'll be directly buying a "kong Load" of shiney bitcoin that I will directly convert into some well known alt coins as I do believe the alts will out pace bitcoin for a good duration of the year. After the alts run out of steam, Ill jump back into BTC and ride that wave til/through the end of the year and cash out of this run. (not completely cash out, but, well, you know what I mean). After meeting with my accountant on it all Ill have another pot of worthless USDT to play with and hopefully do well with trades all over again.
Thats the long term plan.
Not many people can think, or wait, or find patience to do anything long term. Im new at this and by no means the best...But it is the way.
Back to altcoins. Specifically ZCLASSIC. WTF happened?
Ill tell you what happened.
A bunch of folks bought into the fud and fomo on ZCL going to the moon because of this, that or the other. ZCL had a great looking chart, had held good value against BTC over the last few months and was "going to MOON" any second. It is unfortunate that people probably re-mortgaged their home to go "all in" on zcl. Only to find that as of yesterday....That money was reduced to pennies. Dont buy on fud. Dont buy on news. As a matter of fact, do exactly the opposite of what the news says. I am not the news, remember that...so dont take what I say as gospel and follow my plan or words as the holy grail. I have been wrong and surly will be wrong in many things in my life moving forward.
This is where I tie BTC and the ZCL dump together. BTC is stil King....It may...(MAY) lose that top "king" spot this year - but what matters is that when BTC is down...the entire Jungle is down and at risk. (get that tie in with the movie Kong????))))
So while King kong is over on one side of the island making a comeback killing off crazy snake lord, fire breathing worm/dragon/demon things.....Means that King kong is busy fighting for his life while his life is in need of some serious volume, new money and hype to pump past 16k again to the "good old days."
ZCL was simply a "rogue" soldier attempting to take out one of those beastly creatures. And without kongs direct support and 100% bullish nature....That rogue ZCL got hurt real bad. Well...not zcl per say...but those who invested in it did. I looked at ZCL a few times over the last few weeks when I saw news about it....The thing that scared me the most is that It had not retraced nearly AT ALL during this BTC correction...Major red flag imo.
You mean to tell me that ZCL has some magic potion making it immune to the fall...i mean correction, of the almighty king BTC???? I don't buy that for a minute.
This one was a bit of a ramble.
Merely an idea : All CryptoSo, earlier, I posted on ZCL and then this happened..
The price fell through the floor..
Literally, it dropped 10x in value in a minute..
If you got some earlier on, don't panic, it'll go back up soon..
If you didn't, then need I suggest the obvious?
That said.. This whole thing has brought an idea to mind.. Since ZCL was the first to go up sharply, and then go down even more so, I'm thinking this behavior might well be repeated by other coins..
The explanation for it is technical, but basically, in a nutshell, this is the second leg of a double bottom of considerable size..
Always keep in mind that price movement is fractal, and therefore repeats itself at different timescales..
If one takes this into account, then in theory, everything that happens at a small (short) time scale, should repeat in the same exact manner on larger (longer) time scales, similar to the $1000 drop in 1 minute BTC had on Saturday..
I'm sure many of you will think me crazy, and that's ok..
This is just an idea.. But one that merits a closer look, considering that there is indeed a possibility of it happening elsewhere.. This is the second that I'm aware of, and I'm betting there will be more..
My suggestion is to keep some of your holdings liquid (and hope whatever your choice for this purpose doesn't experience the same thing).
If another coin bites it like ZCL just did, buy at the bottom and ride that bitch back up..
We'll see soon enough if there's any validity to this idea.. If ZCL recovers to previous levels in a similarly rapid fashion, then this gets my vote for how to buy low sell 10x higher..
* I'd bet on BTC for the liquidity purpose, since it's already had its big red candle..
Let me know if you notice similarly huge drops elsewhere and we'll ad this method to the growing number of ways to hack the system..
Or feed our madness..
Whichever comes first..
Zclassic (ZCLBTC) Short OpportunityZCL snapshot BTCP will be today. What I saw is only a chart with high possibility of dump to bottom. The price must sustain above 600000 sat for more movement. Risk reward is higher for short trade.
ZCLBTC reversed H&S patternThe coin with a great Fundamental basis (BTC fork with privacy) moreover it has a good technical status: Moving average (30,50,200), Bull&Bear indicator and Momentum (10) indicate growth. Stoch RSI was oversold so there was a trend reversal and currently reversed H&S pattern is forming. This will bring a new wave of growth in the short term.
ZClassic (ZCL) : Very quick profitNo time to write..
This is a quick opportunity on the first run of ZCL..
#ZCL DUMP, #BTCP forkHello.
I didn't want to way in this one but for the sake of my follower I have to say this
I don't like things that attract hype from newbies of the crypto verse, I don't like this fork and here is why: (I may be wrong but better safe than sorry)
1: I don't like the team behind #BTCP, I think they are pump and dumpers
2: @BittrexExchange won't support the fork which explains the dump of #ZCL
3: @binance_2017 may also not support the fork. #ZCl will dump even more to 20$
4: People will hold there #ZCL in private wallets and claim there #BTCP.
5: Following that a huge dump of #ZCL and #BTCP so they can lock profit. maybe #ZCL at 5-10$
conclusion: it is not worth risking it. buy at the dips
How to get your free Bitcoin private if you hold ZCL or Bitcoin Find out which exchanges and wallets support btc and zclassic hardfork. How to get free BTCP. Why is zclassic dropping right now and what is smart to do. Anyone holding ZCL or BTC in a wallet or at supported exchange will be credited Bitcoin Private (BTCP) at a 1:1 ratio.
For example if you hold 1 ZCL on a supported exchange or wallet, you get 1 Bitcoin private BTCP. Also if you hold 1 Btc you will get 1 BTCP. Tomorrow is the snapshot. That is why many speculators are selling ZCL right now. The reasonis they bought them only cuz they knew the price will rise, but it will drop tomorrow big time. But if you are smart, listen to my advice. Wait for price to drop and buy at least some ZCL at supported exchange or send them to supported wallets bellow. BTCP might be worth it! BTCP is not some small fork!
BTCP Snapshot date: February 28th, 2018
Supported Wallet: coinomi
Supported Exchange: Trade Satoshi
Wallets with controll over Private Keys:
Exodus wallet, Electreum wallet, Bitcoin Core wallet.
$ZCL BUY Targets before impulse upFib Targets 1 and 2 have been hit.
Target 3 can be possible if we break below $80 on the hourly candle.
Upcoming BTCP fork on the 28th should bring an impulsive wave up to newer highs
Buy Targets for #ZCLZCL targets for wave Y
Will wait for an impulse wave up before we can forecast potential sell targets once we get closer to the BTCP fork on 2/28.
Uptrend of ZCL-BTC until Feb. 26thMy view of the ZCL trend for the next 4 critical days until 2 days before snapshot:
ZCL is clearly coupled with BTC. BTC seems to have rebounced thus it´d push ZCL upwards until the next fibonacci resistance (around 0.0152k satoshis) and, if broken, it will move upwards to test ATH and the next fibonacci level (around 0.0193-0.02k sats).
The MACD levels crossed already signaling an upwards trend.
There would be a possibility of reaching the lower fibonacci level of 0.011, but this has a lower % of happening (80% vs. 20%)
P.S: This might be however further pumped if breaking news were released (exchange support, etc.)
ZCL/BTC Wavecount, price predictionsHere's my take on ZCL/BTC, from what I'm hearing this is somewhat of a dark horse with a very good backing. I'm looking at this wavecount and based on the assumption that the correction is over I can see it forming a perfect inverse head and shoulders and shooting up from here, I'd wait for the 50-65% correction if this is a good wave 2, if it goes below that by 5% I'll sell and buy back in when the WXY correction hits, I'll try to keep this updated and take care <3