bitcoin
Short

End for Bulls

BITTREX:ZCLBTC   None
ZCLBTC has a double indication it has finished it's bull cycle, can't short, so if you are in might consider closing !
Comment: Thanks for the comments and participation, since this is only based on TA and can easily broke with news like you guys have mentioned. One think to note is the "sell the news" market behavior. Zcash was also on a bull run when the new white paper was published them it got bearish for several days. But the chart itself is just to give some perspective where it can break up or down. It will break up by crossing up the very wide blue circle, if it fails it will go down.
Comment: Looks like it's not going down to my target, at least not this time. It might be a good buy point but need to do a proper analysis

Comments

Thanks for the chart, but I disagree. White paper coming out shortly (peer reviewed, put together by experienced developers with very upper echelon academic accomplishments) and it is likely to get Bittrex support closer to the fork date, likely two days prior to the 28th (similar to BTG and NXT/Ignis...both of which were approved without a functioning wallet for the new token).

News likely to trump technical analysis for this one in the next few days. I see another big run for this one.
+5 Reply
Lol I am not crazy to sell 9 days pre-fork,monster run up is comming after Bittrex confirms fork support,white paper almost out,you cant be serious with this post
+2 Reply
its bearish like you said,
+1 Reply
Fork in a little over a week, white paper in a day or two. I would definitely not sell.
+1 Reply
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