aresary
Long

2H view on ZCL - further upwards movement expected!

BITTREX:ZCLBTC   Zclassic / Bitcoin
I've been watching ZCL on the daily and expected a reversal. So I bought a good chunk at 0.00085 BTC .
Now I'm closing my position at 0.0019 BTC and waiting for a retracement to 0.00165 BTC in order to re-enter the trade.
There's a "big" resistance at 0.002 BTC . The bulls will take a rest and will probably push us through this resistance within the next hours.

There are a lot of traders waiting to unload their bags. But most of them who haven't closed their position yet won't sell below at least 30$.
So I think we will see a parabolic rise for the next 1-2 days. This is mostly a buyers-market and the depth looks very good for more price jumps.

Let me know what you think!
Trade active: here we go!
Comment: Buy: 0.00165
Target. 0.00245
Stop Loss: 0.00149

Risk/Reward: 1:5

that's my trade for now
Comment: Very exciting trade! Great opportunities to daytrade because of this heavy volatility.
Comment: back at 0.0019 BTC. let's see if there's enough power to push us trough 0.002 BTC.
Trade closed: stop reached: stop loss reached and im pretty fine with it :-)
Trade active: Resumed @ 0.00128 BTC
aresary scondon
@scondon, won't affect the pump imo
Reply
Bought at 130K - sold today at 180K....
You know.. it's uncertatin with ZCL - devs don't respond - will they be continuing to develop ZCL or not....
No good idea - why anybody would rise this coin - which is supposed to be dead (aftyer BTCP fork...) So yesterday and today rise from 80K - to 180K - looks like crazy pump on weird rumors...
If you got good information about this - please share...
peace..
Reply
aresary Efremov4D
@Efremov4D, I try to make rational decisions when trading cryptocurrencies. this pump is more about market mechanism and psychology. at least more than the state of development. I see huge volume & beautiful candles. That's what counts for me :-)
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