RotiWokeman

XZC-BTC ZCoin, the better privacy coin.

BITTREX:XZCBTC   ZCoin / Bitcoin
Here I'm going to do some analysis of Zcoin (XZC), where I think we’re going based on where we’ve come from. I’ll redo this video and publication in the future but you’re welcome to skim through and I’d love any feedback on these ideas.

I think Zcoin has a lot going for it, it has a strong privacy-based protocol and based on the price alone, I’d say it’s had a great couple of years and we’ve been establishing strong price floors on the way up so any downward momentum will be short-lived.

Like I said in the video, I’ll be adding more details to this analysis in the future, as this is an asset I’m particularly interested in going forward.

All the best, stay safe out there. This market is full of bears and sharks!

Details on Zcoin: https://coinmarketcap.com/currencies/zcoin/
Zcoin main website: https://zcoin.io/
Follow me on Twitter: https://twitter.com/Rotiwoki_woo
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snapshot


Rising wedge appears on the daily.

I expect a pullback to the near support of 0.006015

See more on rising wedges here:

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rising_wedge_reversal
Comment: XZC-BTC Bittrex |
snapshot


Rising wedge and 200 MA acting as resistance, 50 MA as support 4H. Bearish divergence on 4H. Break of Ichimoku cloud bullish but cloud has flipped bearish previously. I'm a bit bearish for now.
Good video! Zcoin will have a lot going for it, strong technology and great community. Great long term hold!
+1 Reply
@Yannick123, Sure is. This is going to be a huge year for privacy coins. I'm going to do some digging on the fundamentals of this project. The Znodes are absolutely worth more than diamonds imo.
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