Zclassic
ZClassic-->free Bitcoin Private info, market overview+targetsDear all,
I am posting here all necessary info and recap regarding ZCL-->free Bitcoin Private hard fork info:
Fork info:
- hard fork date 28.2.2018 (date of snapshot)
- all ZClassic HODLers will receive Bitcoin Private coin free
- ratio 1:1 ZCL to BTCP, as many coins of BTCP you have, the same amount coins of BTCP you receive
- Mainnet launch of BTCP 2 days later
- circulating supply of ZClassic only 3.3 M !
Market overview:
- BTCP focuses on privacy, anonymous transfers, has replay protection
- BTCP will use conservative people which want to use "Bitcoin brand" on privacy transfers and dont want use other coins focusing of privacy like Monero, Verge, etc. "Bitcoin" brand strong here
- BTCP team is very serious and experienced
- 21.2. will be BTCP conference regarding BTCP with devs and engineers
- BTCP team applied for adding BTCP to Binance already !!!
- BTCP longterm price should also rise
- ZCL main volume on Bittrex and Cryptopia
- It seems Bittrex will be accepting new users from next week!
- Bittrex announcement regarding ZCL-->BTCP fork support in week from 19.2. (it seems it will be supported from 90% - it seems ZCL HODLers dont need to transfer ZCL to adequate wallet)
- ZCL is expected to MOON til fork
Targets:
I am more that bullish on ZCL, positive news everywhere around this fork. Conservative target 0.05 sats, bullish 0.1 sats.
Happy trading!
ZCL/BTC Follow Up PredictionsAs i have been learning more i went back to look on previous TA's i have done and found a couple areas id like to improve on, i tried to fix any issues i saw in my previous attempts. One being my ZCL/BTC prediction. Although my targets were not too far off i wanted to make it a cleaner chart and do a bit more analysis on previous patterns within the chart and to kind of show my work on how i got to my predictions. Here is what i came up with.
If there is anything you would like to point out that could help me improve my TA id appreciate it.
**Targets only for prices not dates, i am more interested in getting the proper price targets first before i start trying to nail certain dates and what not**
Thanks!
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.
PM me for entries, targets, custom charts, access to my paid Telegram group or my chart analysis course.
zcl trade idea We are looking to enter ZCL if we close and hold above .0122 with confirmation. If we reject we will look to reenter at .011.
Take Profit 1 is .013
Take profit 2 is .014.
It would be smart to reduce this trade by 50% at the .013 level and add more on a bounce of .0125
ZCL BTC Bull flag breakoutLate call but Ichimoku and price action looks very bullish here. Already up quite a lot, but still bullish. The TD Sequential shows a good entry area here, with a green 1 trading above a green 2 and testing the All-time highs.
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.
ZCL/BTC Long Term PredictionThis is my first full Elliott Wave prediction using fibonacci extension and retracement. Im going to keep this up here and see what happens in the future in regards to the prices. We will see how close/far off i am from these predictions.
Price predictions:
W3 (0.0174-0.0182)
W4 (0.0149-0.0159)
W5 (0.0200-0.0208)
Correction (0.0136-0.0144)
ZClassic BitcoinPrivate Buy the Dip and To the MOONGetting some PIE for the upcoming BitcoinPrivate Merge/Fork - This is gonna be HUUUGE!
SnapShot date is 28th of February!
$ZCL turning pointAfter the fork announcement dump, zclassic has hit a critical area of support.
Break downward could lead to 90.
Successful test could lead to 120-140.
This is a great potential entry point, just have your stop loss set.
Should moon in the next 2 or 3 weeks either way, so if you got burned by the dump, don't sell as a loss and just hod'l.
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.
Zclassic wallet released, announcment & fork date & moon soonI`ll update it soon (mid term, going to keep it till the fork)
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 Bullish in Short-Term (40%+ Profit in 14 days)This is my second call on this coin. My previous call was when it was at 0.0078 BTC. People who followed were even at 100% profit at a time. I was really bullish on this coin at that time, as AirDrop was coming but it got postponed and the price dropped, but it held pretty well. Bunch of news are coming, as well as AirDrop within few weeks. This is surely going at $450+ in long term.
Here's my short term Prediction, looks like it will go near 0.0192 BTC and that point will act as resistance. It's almost 40% profit in 14 days.
TRADING
Buy Limit: 0.0122-0.0127 BTC (If you want to get in now)
Sell Limit: 0.0192 BTC
Stop Loss: 0.0102 BTC (I don't recommend setting SL. Just HODL and it will go up in long-term)
This is a Long-Term hold but this Trading Advice is for those impatient people out there who want to make quick gains and do short-term trading. Am in this project for Mid-term. (About 45-70 days)
ZCLBTC Triangle break outPrice of ZCL broke out of the Triangle and went above Ichimoku cloud. Stoch RSI indicates overbought zone, nevertheless we expect further growth after small consolidation. Safe entry zone is between 0.0135-138, while targets could be 0.0149 and 0.0158
ZCL Hardfork comingJust a quick post.
ZCL hardfork announcement expected this Sunday.. Forking into Bitcoin Private.
Broke out of top resistance of the channel
Retraced and will bounce off it as it now acts as support.
Place your trades accordingly.
Zclassic is a clone of ZEC but the 20% doesn't go back to founders, it goes back to the community.
Zclassic ZCL/USD
Zclassic
Now we are in the flat zone and descending channel the downtrend is leading to strong and risky 78.60% Fibo. There we can buy, make order - my advice.
Soon we come closer to the resistance line and go to the second(for now) strong lvl 38.20%. There we can TP.
$ZCL has big potentialInitial pump from announcement last night has settled and it began to form a head and shoulders. This indicates a downward drop off, which then followed. The drop off has now seemed to form a potential cup and handle which could break lead to a break out, especially with the official bitcoin private fork announcement coming Sunday.
ZClassic | Dead Coin Back to LIfe | Solid Mid-Term HoldToday marks a month since I called ZCL at 30k sats (currently 1000k sats)
Since my chart was deleted, I decided to copy/paste my rationale from the deleted chart.
I believe it gives decent insight on how to evaluate coins, and utilize market cycles. I also added Meta Comments to discuss conditions that have changed since my analysis.
I was a little off in my prediction; called 2000%, price went ~4000% up
That crazy price hike was due to the Bitcoin Private Fork, a coin that could potentially match the market cap of coins like Bitcoin Cash.
Meaning a potential 10-20x from current price.
However, this trade is inherently risky!
Coin has pumped a ton in a short amount of time. Keep in mind that if anything bad happens, we could take a pretty heavy fall.
And with the fork delayed to March, people are already a little testy.
Potential reward is huge though, so I will risk a little capital for it
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Trade Details
Small position at 990k, Orders at 880k, 760k, 655k
Targets: 1250k, 1600k, 2000k
Stop Loss: 540k - A lot less support under this zone. Could freefall at that point.
This is a mid-long hold. Coin should run up closer to March
We may see lower prices, but if alts party, then we could be near the bottom now
Super Guppy indicator (colorful waves, 2 groups of EMA averages) showing a buy signal. Slow EMA support coincides with 1.618 FIB line.
We want to come above the 1.618 FIB line and use as support. However, we are currently in a bull flag leading us below this line.
Look for breakout above purple line for bullish movement, or break below the green support (~875k) for travel down to bottom of bull flag (~760k)
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Original Analysis, with Meta Comments (12/22/17):
It appears that alt season is upon us.
Have you noticed that a lot of coins have recently pumped in value?
Have you noticed how mainstream crypto is becoming? All that new money pouring into bitcoin 1.21% , is trickling into alts.
(MetaComment: A lot of trickling has happened since this analysis. Still bullish on alts, but nowhere near as much . That was practically bottom of the market cycle. We seem to be somewhere in the middle now)
Zoom out on the charts of your favorite coins (1D to 1W charts).
See all that room for growth? See how early we are in some potentially massive pumps? Use these long term views to hold your coins against most dumps.
(MetaComment: While this is no longer true of all coins, there are still coins with this kind of potential. *Cough* ETC *Cough*)
"So many coins are out there! How do you even choose one?"
Personally, I like to choose ones that have the most potential upside shown in charts. Then, I like to research the fundamentals of the coin in order to make sure it'll be around in the future.
One coin that I found from this process is Zclassic.
Chart speaks for itself. There's over 2000% (That's a 20x on your investment) remaining to reach its old price.
Coin was left for dead. Thrown away by the dev team.
Which explains why the price has been plummeting since July.
What changed?
A mostly new dev team came in to revive the coin. The team is big too, including the likes of Rhett Creighton - a developer that has contributed to Bitcoin 1.21% Core code, and created WhaleCoin. In addition the team has announced that they will continue to expand their team, and will rebrand
Rebranding has been known to pump a coin's value as the event draws near.
(MetaComment: Ironically, Zclassic no longer fits the criteria described above, as it has gone beyond ATH. Therefore, I see Zclassic as inherently more risky than coins still below ATH. The potential high reward of a Bitcoin Cash market cap, however, gives this a decent risk to reward ratio.
ZCL -- ZCLASSIC BTC -- SHORT charts shows if it will break the red resistance is will go down pretty hard !
im holding my self but it might be a good time to sell and buy again lower !
watch closly
good luck
Adar
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 must go UP or finish hype boostZCL must go UP or finish hype boost
used:
MCD,Elliott Wave, vanga prediction, positive mood
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