ZCL - Back in uptrend !ZCL has seem to have bounced from its most recent dip back into the uptrend channel.
If bittrex announce support for the fork we could see a MASSIVE run but as it stand we have no announcement yet. With that being said I feel it will follow an Elliot wave pattern on its current trajectory, until we hear an announcement that is.
ZCL
ZCL proposal - uptrend ?ZCL has bounced from its decline to back in the uptrend. It should follow this trend in an Elliot wave formation on the way up. We should see larger increases if Bittrex announce support for the fork, which in turn may break the trend line and go on a RUN !! However, for now ZCL seems to be solid and climbing.
Old trap for the amateur, Great opportunity for the ProZCLBTC H on BIttrex
OLD TRAP FOR YOUNG Traders
When you see a chart like the 4H chart on ZCL, we all want to do the same thing, we want to buy. But the pros know that the charts show us what has happened and we know what is likely next, Price is extended and likely to pull back. Those who rush in tend to donate their money to the few that understand the market (and thanks very much for that) , those who wait can do very well.
When we cut to the Hourly chart we can see the start of a pullback, and a nice target for a bounce and entry. Price is testing the 50 EMA (Red line) but still I would not rush in. Let’s wait for end of the hour and see what support we have found. It is possible we could pullback to the 20ema, or either Orange line. Once we have done that if we like the level, jump down to a 15 minute chart and look for a decisive buying bar. This is a nice aggressive entry.
We risk the bounce coming early and leaving us behind, and it can happen, but usually we save ourselves an early entry and the losses that can follow.
Please also keep an eye on the D chart, this could set up very well there.
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson
If you think investing is gambling, you're doing it wrong. The work involved requires planning and patience. However, the gains you see over time are indeed exciting!
Judgement Day coming for ZClassicSymmetrical triangle forming - most people on here are saying it's a bullish pattern but it's not, its a continuation pattern. This one just happens to be bullish due to the fact that it's occurring in an uptrend.
In the overall scheme of things, we are still in a bullish pattern. However, the recent short term trend has been bearish with the lack of known exchange support.
Notable TA:
MACD on the 4 hour is waiting to turn.
RSI near oversold levels.
Still in overall upward trend - but in bottom channel of trend
Symmetrical triangle patterns typically pop to the upside 1/2 to 3/4 of the way through and we are now entering that territory.
I'm fully expecting a bittrex announcement as they have supported a previous zcl fork and waited until 2 days before BTG to announce support, but hands are weakening so be careful if you're looking to enter now.
I could see this easily hitting .02 if an announcement is made by Bittrex.
If no announcement occurs and you're still hodling on an exchange, you're going to be in a lot of trouble.
Tread wisely, watch carefully and don't use this as trading advice because I have no idea what I'm talking about.
ZCL Fork vs. Bearish BTCBTCP fork approaches as BTC bears maintain!
Exciting day as ZCL seems to bounce off heavy support multiple times following up with a bullish counter attack!
ZCL will give 50%-75% profit in 5 days if you enter now!This is the last dip, even though market is going down, this coin will give tremendous profits even if you enter right now. This is one of few coins that will go up in such markets because of Fundamentals. ZCL fork will be on 28th Feb. This is one of the biggest forks in history of Crypto-Currency. Do some research yourself now.
Trading:
Buy Limit: 0.0142-0.0148 BTC (If you want to enter now)
Sell Limit 1: 0.0222 BTC (50% Profit)
Sell Limit 2: 0.0256 BTC (75% Profit)
Note: Yes, this is trading advice but keep in mind that risk is involved in all investments and do your own research as well. This is my short-term prediction and you will see Sell Limits achieved within 6 days!
ZCL support and resistanceStill learning
what i think is the resistance = orange lines
what i think is the support = blue lines
black line = trend line .
ZCLUSD AnalysisZCLUSD fib retrace to .618($130) & .786($110), RSI break below 30, MACD cross to neg & points south. Red wick has broken .618, ZCLUSD should begin to climb soon. 1st resist @$175 due to prev structure, 2nd resist @$245 prev ZCLUSDATH & 1.272 fib ext. ZCLUSD spiked $160 1/4-1/7. By fork/snapshot on 2/28, ZCL conservatively could be $245-305, however FOMO is a powerful bull and could project ZCL upwards of $400-Moon. Let me know what you guys think!
ZCL - Still Running With the Bulls? #bullsVSbearsZCL has had an amazing run recently, credit to the hardfork coming.The incredibly interesting question (because the fork is coming soon) is... have the bulls run out of steam?
It is very hard in this situation to ignore the fundamentals of this coin given the situation, but let's try and leave that out for a minute and see what the chart is telling us.
Disclaimer: This is speculation and hypothetical and should not be used as trade advice. Factor in that I joined TradingView a couple days ago and only have one follower. Anyways, this ones for you @eoscrypto, my one and only (literally).
Breakdown:
1.) ZCL is currently trading in a small downwards channel (i.e. correction), but that down trend lays within the much larger uptrend. General rule of thumb is that the larger trends/patterns take precedent to to the smaller trends and patterns that take place within them.
2.) Resistance - ZCL is now trading below the 20 and 50 day ema's which could act as resistance levels. Another strong point of resistance is the top of the downtrend channel it is currently trading in. There are corresponding fib levels which act as support and resistance levels here (as well as targets) but I removed these from the chart because it was cluttered.
3.) Support - - ZCL is trading above the 200 day EMA and the bottom of the strong upwards trend line. They also are converging as we speak which strengthens the support. Within the last few hours, ZCL moved down to touch the bottom trend line and the 200 day EMA at almost the exact same time, and instantly changed directions.
4.) Elliot Wave Count - Elliot Waves are open for interpretation. My count could very well be wrong, but if you look at the numbers corresponding with the waves (green lines), you'll see that I have ZCL just completing a full wave cycle, and correction being complete. This would be bullish for a continuation of the uptrend and should help push ZCL through the top of the small down trend channel for further gains.
Conclusion: We all know ZCL is going down soon because of the fork, but when will that happen and what's the move here? Well, since I don't give trade advice, let's take a look at a hypothetical.
If I already made some profits off this run and were still holding on to some ZCL to see what happens (hypothetical of course), what would I do? Well, there's two trends at play here, and whichever breaks first will determine ZCL's near future and would determine my move. If there is a close above the top of the small down trend channel, we're going up further. I don't know how far so I would trail my stop loss and ride this up as far as I could.
Likewise, if there is a close (4 hr bars) below the larger uptrend line, I'm out. Easiest way to do this would be to set a stop loss a little below the trend line, so if it breaks it, you avoid the risk of going down with the ship. If I was looking to buy more ZCL I would not do so until a continuation of the trend is confirmed, meaning a 4hr bar closes above the top of the small downtrend line.
What should you do? Well, don't listen to me, do your own research.
Please, like, comment and share so my follower can have a friend. Thanks for reading!
End of the month is coming. $zcl $btcpHardfork/snapshot coming. Something interesting might happen. Soon..
ZClassic! Double Top went down...
Head and Shoulders afterwards..
What's next?
8 more days before the fork! BTCP... (Research bout that and get more Zclassic and Dump before/after the fork) *Depends* on your strategy...
Good Luck!
ZCL pre fork price - I think that the pump before the fork may now be quite minimal compared to what was expected a few weeks ago, I have looked at the previous pumps which are decreasing and applyed that to a projected pumped in 2 days time, 30% ish. This would mean an optimal sell price of 0.024 before the fork.
fyi - I am a very novice charter playing with ideas
ZCLBTC Similarity in the PastBull flag formed, looks identical as the bull flag that formed in mid December before its huge run. Ready to take off. Minimum Target 0.025, Conservative Target 0.03 Wishing for 0.045. Hoping to hear fork support from Bittrex and this baby is going to fly.
Zclassic buying opportunityThis is an idea of when to buy Zclassic, considering no news will be out these 2 days.
If news is out, this trade is invalid.
ZCL for another 20% and more. Simple chart and trade.
BUY #ZCL now (0.0163)
or dips (0.0145)
Target 0.020 and more.
Sl : 0.014
#ZCL will make you blissful thanks to Hard ForkAs I expected, $ZCL pulled back far enough to confirm support at the former ATH. Starting to bounce again out of the blue box I highlighted. Ready to start that next leg up. #ZCL listed bittrex last week. Therefore, we can easily understand that Bittrex will support Bitcoin Private Hardfork on February 28th . In my opinion, we should be patient but before hard fork day, sell all your ZCL because huge dump is not surprising case. Also, don't miss out on registering on Binance as well as Bittrex , before they close registrations again. After announcement about support hard fork, price will be insane.