Now a lot of people talking about the regulation of cryptocurrency, but in turn, in anonymous coins will attract the attention of those who do not want to be controlled. One such anonymous coin is Zcoin.
I see good news
Zcoin will launch their new privacy protocol Sigma which replaces Zerocoin. 11 jul...
After running the scanner we determine that soon Alt season would be back with potential Growth. XZCBTC has been consolidating for some time. After massive corrections we expect a Run in Alts just like BINANCE:MCOBTC, BINANCE:ARKBTC & BINANCE:RENBTC
In 8 Hrs Timeframe, Breaking Out the Triangle .
Wait For Retest & It'll Bounce Back after That.
Tenkan-Sen & Kijun-Sen Both Playing Important Role.(As Support & Resistance)
40-50% Profit Expected If Follows our Plan.
Buy Aound 9000 Sats
Sell Targets 10000 - 11300 - 12900 Sats
Stop Loss According to Your Risk.
Hit Like On Idea For Support..!!
$XZC Amazing run on this coin... Over 50% since UCTS Buy signal on the daily chart (was to busy working on 1.94 to see it )
Currently crossing above resistance at 150k Sats, next target should be ~17k Sats as you can see in the chart.
any events pushing this trend up?
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We are looking at a new all-time low for Zcoin (XZCBTC) on Binance. This one produced really nice profits for us in the past, so we want to give it another try.
We will keep it simple and go straight to the trade details...
Since the raging 2017 bull, Zcoin stubbornly broke just about any line or triangle being drawn on its charts (even the one drawn by masters like EXCAVO) to the downside. Disregarding a nice pump in March based on some misunderstood news of Zcoin having a deal with Mastercard, there was little volume and little interest in this project altogether.
XZCBTC moving in accomulation zone
After we touched support line of this big triangle and now we already break out resistance line of small falling wedge. We going to resistance line 970 sat area
RSI - oversold
Targets you can see on the chart
. ZCoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a possibility...
Weekly still falling but 1D turning good.
Buy 1240ish ( invest smartly and keep some juice to rebuy at 1200ish )
Sell 1480ish ( can push more but double EMA can make a resistance )
Stop Loss under 1180ish
Keep an eye on BTC.
Happy Tr4Ding !