PegasusCrypto
Long

ZCL and the incoming fork! moon is around the corner

BITTREX:ZCLBTC   None
August is the month of ZCL with all the news and the incoming fork finally after weeks in a down trend ZCL broke the triangle and the volume is increasing.
Just in few days ZCL jumped from .0010 to .0016.

We have a big resistance around .0020 here are my target for short term.
If we break all the target of course we will go higher.

Something very interesting the MACD 1W is about to cross that is why I am expecting a new All Time Highs ( ATH ) for ZCL .

My short term targets are:

.0017 where is placed 100 EMA as resistance

.0020 where is the mayor resistance

.0023 where is the 200 EMA as resistance


Trade active: First target reached!!!!


Looks like we have more fuel to go higher

Trade active: All targets were reached!!

Good news for zcl investors EMA 100 and EMA 200 for 4hr chart they are about to cross today the Golden Crossing
I am expecting to see zcl growing up with new All Time highs
Another Good news the MACD 1W for ZCL crossed yesterday that means zcl confirmed a strong reversal I updated my chart with more targets in short term

Comment: My new targets are :

Target 4
.0029

Target 5
.0035

Trade active: ZCL dropped thanks to btc.. panic sellers started to sell thinking the coin would be a pump and dump coin, but the technical analysis says something different.

Now ZCL formed a falling wedge(bull signal), there are many buyers interested on this range price of ZCL.

4hr chart EMA 100 and EMA 200 crossed Golden Cross very strong signal of reversal


MACD W1 crossed the strongest signal of reversal


Now even with btc crashing I can see ZCL is keeping the price around .0017 accumulation zone I am expecting to see the continuation of the uptrend

I have the same targets for short term.


Trade active: Falling Wedge broken!
Trade active: ZCL showed a very strong support aroung .0017 satoshis like I said before I was expecting a breakout and the continuation of the uptrend now the 4hr chart is showing a strong reversal.
The RSI is neutral around 50 and the MACD is crossing.

Even with the dominance of BTC around 48.25% and crashing ZCL looks very strong.

Trade active: With the dominance of BTC around 48.73 all the market is in red now. But ZCL is showing a very strong support around .0018 thanks to the EMA 100 1hr is acting as support.

The RSI 1hr Chart is around 30.


now at this moment it depends of BTC what would be the next move for the boss.

Comment: ZCL dumped so hard thanks to bittrex (yes they said for now they are not supporting Anon Fork).
I am bearish now just a miracle will rescue ZCL.
The ZCL teams will dump over the investors and zcl will crash again the story will repeat itself.
My advise If you want to enter to this trade use always a stop loss.
If you are in loss get out as soon as you can if you can effort your loss.

If you are in super loss just hold and get the anon coin and hold until you can get your money back but it will take long time.

I am not saying zcl will pump again I am saying zcl will pump.. but not like before.

My target for the last pump are:

.0015

.0018
I love trading!

Comments

thanks , keep updating , good job.
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All targets reached!!
Reply
you hit all targets impressive
Reply
@st_nick, Thank you!
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st_nick PegasusCrypto
@PegasusCrypto, what do you think about $STORM , i entered at 200 sat. potential targets ?
Reply
@st_nick, Let me see :)
Reply
@st_nick, I posted my chart about storm :)
Reply
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