AlanSantana

Zcoin (XZC) 3455% Long-Term Potential (Weekly TF)

Long
BITTREX:XZCBTC   None
Zcoin (XZCBTC) printed a new All-Time Low ( ATL ) Sartuday when it hit 0.00032876... This is a positive development.

This ATL happens to be just below the November 2016 low.
Back when this level was hit, a strong bullish wave of 3200%+ followed.

Right now we can see a strong bullish divergence with the MACD and a strong RSI ...
This is all happening as a new ATL was just hit.

This can signal that a strong bullish wave is about to follow for the Zcoin pair XZCBTC.

If we go by the last All-Time High, we are looking at over 3,000% potential profits from the current price... Once the bull market starts for this pair this can take over a year.

The chart can always change of course and more bearish action becomes possible, but even after more retrace, we can expect a strong bullish wave in response.

Thanks a lot for reading.

Namaste.
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Comments

Nice one Alan. I see it's already reacting on the Lelantus news.
Many thanks as always.
+1 Reply
AlanSantana Duke_Stallard
@Duke_Stallard, My pleasure.
+1 Reply
Good one, thanks.
+1 Reply
Monthly double bottom with bullish divergence, let's see how it plays out! Thanks for sharing!
+1 Reply
It is Dec 2020 but still more bearish. I waited for 3000% plus gain for so long but it never come. :-(
Reply
AlanSantana raychieng
@raychieng, The charts are always changing.

If support is broken, the game changes.

It can take multiple years for such an scenario to develop.

You need maybe a full 1-2 years of bull market followed by a bull-run to achieve such growth.

Namaste.
Reply
Is this senario still in play?
Reply
Valid for Zcash to you think?
Reply
AlanSantana MRPAPAYA001
@MRPAPAYA001, I will look at it.
Reply
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