A beautiful rounding bottom pattern, with the neckline tested 5 times.
It is very LIKELY to break it the next time it is tested.
This is a small cap privacy coin.
The chart indicates a strong incoming reversal.
Just an educational post. Good luck with your trades
Crossing over ~62k sats & flipped into support on the daily chart...
UCTS showing buy signals across multiple timeframes (1D around 30% up already)
If continuation happens (volume keeps flowing in), then aiming for ~70k sats as 1st target
I have pinpointed some important things on the chart which shows the move is bullish in coming days.
1. Two Daily rejections on Weekly Support. Indicating support is strong.
2. Candles making higher lows means bullish trend.
3. Enter the trade once a daily candle closes and opens above 5860.
5860 is a resistance level of the weekly zone.
during the last 7 days,...
#XZC / BTC ( Bittrex , Binance )
Buy Range : 0.0004955
Stop Loss : Daily close below candle 0.00047
Target 1 : 0.0005422
Target 2 : 0.0006434
Looking good on different timeframes.
Indicators looks good and risk/reward is nice.
Time for a long entry
XZC ; I think the last bottom levels in sales. Seems to be possible there are of the Wolfe & Adam-Eve patterns and the RSI divergence is about to occur and a nice double bottom is formed. I expect a volume break soon. Break a leg&Good Luck!
I do have a history with this chart.
XZC is back in the $3 range, bot the BTC chart and ETH chart are showing breakout formations.
It is time to load the boat. 1000 coins gets you a node.
That's $3k for a node in today's price.
I don't expect these hot smokin sale prices to last very long.
Enjoy the ride.
Zcoin (XZCBTC) is looking bullish and can continue to grow.
Right now prices moved above EMA100 with bullish indicators.
If EMA100 holds, the first (1) scenario comes true and prices move straight up.
If EMA100 breaks (2), there will be a retrace before the next try (3). But if prices move below our stop-loss (4), make sure to close this call.
Reclaiming ~56k sats level & flipping it back to support w/ volume starting to rise.
UCTS showing buy signals on the 12H and lower timeframes..
Continuation from here should lead to ~61k sats (matching descending trendline, resistance level & EMA200)
Sl under support