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

Description

⋅ Oct 12, 2020 6:45 PM

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.

Comments

Duke_Stallard

⋅ Oct 13, 2020 9:41 AM

Nice one Alan. I see it's already reacting on the Lelantus news.
Many thanks as always.

AlanSantana

⋅ Oct 13, 2020 1:44 PM

@kincoin, My pleasure.

zahidnaz121

⋅ Oct 12, 2020 10:18 PM

Good one, thanks.

SunnyHillCapital

⋅ Oct 12, 2020 6:55 PM

Monthly double bottom with bullish divergence, let's see how it plays out! Thanks for sharing!

raychieng

⋅ Dec 11, 2020 7:36 AM

It is Dec 2020 but still more bearish. I waited for 3000% plus gain for so long but it never come. :-(

AlanSantana

⋅ Dec 11, 2020 9:46 AM

@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.

IliasKalliafas

⋅ Nov 9, 2020 7:48 AM

Is this senario still in play?

dragansimic171111

⋅ Oct 12, 2020 11:57 PM

Thanks

MRPAPAYA001

⋅ Oct 12, 2020 10:33 PM

Valid for Zcash to you think?

AlanSantana

⋅ Oct 13, 2020 1:45 PM

@MRPAPAYA001, I will look at it.