So we hit RE-BUY, and are looking on our way up. I am staying Bullish for this coin as the retracement is still healthy and as we hit re-buy the price bounced back which indicates a strong support for this coin. Indicators:
-MACD is going sideways on the line of 0 so breakout can be anywhere nearby
-STOCH RSI is showing oversold which indicates that the price should be moving up
-Elliot Wave Oscillator is still looking green but has came to a minimal level but it looks like it is diverting upwards again, indicating another bull run
So, if my predictions are right then we should be seeing the next wave of the breakout with ZCL and I still stay for my target from previous post.
Don't forget to put stop-loss for this coin as if we fall below 0.0017 BTC then we should stop loss at 0.00162 BTC as there is a weak support at the price of 0.00165 BTC.
Good Luck, Traders!
-----L-E-T-S---F-L-Y-----!
-MACD is going sideways on the line of 0 so breakout can be anywhere nearby
-STOCH RSI is showing oversold which indicates that the price should be moving up
-Elliot Wave Oscillator is still looking green but has came to a minimal level but it looks like it is diverting upwards again, indicating another bull run
So, if my predictions are right then we should be seeing the next wave of the breakout with ZCL and I still stay for my target from previous post.
Don't forget to put stop-loss for this coin as if we fall below 0.0017 BTC then we should stop loss at 0.00162 BTC as there is a weak support at the price of 0.00165 BTC.
Good Luck, Traders!
-----L-E-T-S---F-L-Y-----!
