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BitfulMind
Jan 2, 2021 12:10 PM

$XZC.X (ZCOIN), do we have an opportunity on the rebound here? Long

Description

Hi Community,

XZC seems to offer an opportunity here.

Here is what I see:
  • Price is rebounding from an ascending support line, which was previously tested.
  • RSI 1H TF just moved above 30.
  • RSI 4H TF is below 30.
  • A potential 70% profit if price breaks the descending resistance line and flips it to support.


Potential TP Targets:
[List]
* TP1: 3.70$
* TP2: 5.03$

What do you think?

Comments and feedback are most welcome.
If you think I am on the right track, a "like" will be most appreciated. :)
Thank you and Happy trading!

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Needless to say, this is not financial advice!
Still learning here, so please be nice!
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