the support seems to be very strong along the falling wedge, selling pressure is high but not aggressive
bulls have to push the price above 20k sat
good accumulation level for a supergain when beakout!
You can see the Chart of ZCLBTC on Daily Timeframe .
It Seems Like correction period End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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$ZCL is a fork of $ZEC which is initially a fork of $BTC.
$ZCL has quite low supply and offers one of the biggest PPT on the market however keep in mind that it's trading only on 1 decent exchange has low volume and liquidity thus it's easy to manipulate the market also it's extremely volatile coin.
Green - buy. Red - sell.
It's not a financial advice.
I am not saying the local high is wave 1 - but if it is a reasonable price increase to 0.00365 BTC+ could happen soon. Things are generally staying at support levels.
I am not a fan of ZCL and see it as a pump and dump coin.
We probably can expect a massive breakout of Zclassic once new exchanges support will announced and once it reaches back 180-190K sat levels, then it should fly to higher levels. A one to not miss in my opinion, always DYOR.
ZClassic made us some phenomenal gains on the last run from 0.00103 BTC to 0.0024 BTC, which was over 100% gains due to which we could recover from some trades which made us losses for example anyone who traded top coin such as ADA in the last month(s) have been making losses, so in a way ZCL was our saver.
Now as the coins in the market start recovering from...
As you can see on chart & RSI there is Negative Divergence so we think ZCL will complete to move down maybe to test the support once more maybe will be break down to this support to test the down trend line let us see what will be next
Please like and leave comment,we'll appropriate that a lot.
Best of Luck.
Zclassic coin is a fork fork fork. The project team, for unknown reasons, is not disclosed. There is no road map until September 2021. Therefore, it makes no sense to consider this coin as an investment.
The technical picture says one thing: the coin again got on the pump. Everyone knows what a pump is. This is, first of all, organized by a group of persons...
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...
Even after the hard dump it had, i'm insanely bullish on Zcl! huge gains are about to come and it won't take long anymore!
90 Days of correction with zclassic
We are almost behind the huge resistance ichimoku cloud which gives it very high chance for another move!
alot of people forgot about this coin +
its a dead coin +
all the way bitcoinprivate huh? sorry...
Hello Lads and Ladies,
Today we have quite an interesting coin ZCLBTC that I have been trading myself quite some times. Just a little story about it first, ZCLBTC had a 9900% gain last year before the BitcoinPrivate Fork, went from $2 to $220 and then back to $5. Now, a few months back there were rumours that ZClassic is forking again, so people started FOMO-ing...
ZCLASSIC has been popular for its pumd&dump but who cares we are only trading coins like this to make profit and there seems to be a profit upcoming here!
ZCl recently increased to its resistance of 0.0021 and retraced back to 0.00160 where it formed a falling wedge pattern where it hit the base 0.00160 BTC for a couple of times and it just broke the falling...
Technically we have solid price action right now on ZCL but BTC drop could make bad things!
At the moment we are in a good level where we find "ENGULFING" candlestick pattern on Fibo level and on the trendline!