ZCLBTC Latest technical Analysis- Correction time is over.You can see the Chart of ZCLBTC on Daily Timeframe .
It Seems Like correction period End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Thanks
Adil Khan
Zclusdt
Zclassic Trading OpportunityLet's look at 1d chart of ZCL. On the chart we can see that price is in a very important zone now. If the market bounces from the uptrend (blue) line and moves above 0,00452 resistance level , it will be a signal of futher upward movement. If the market breaks the line and 0,00169 level , we'll see downward movement. Profit targets should be near 0.0070, 0.011 resistance levels.
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.
