4 key things I see here. 1. Wave 5 of elliot wave theory hit, possibly time for ABC correction. 2. Volume is hitting its record high, markets tend to bottom out or peak at their highest volume. Look at the last time xzc say this much volume, it marked the high of that market cycle. 3. On it's usd chart it just hit the top of the trend channel, a channel tat...
This is the advanced triangle breakout strategy. So the price had broken the ascending triangle, it retest the previous resistance which now becomes a support and now is looking to retest level 16.00. Breaking the current trend bottom can cause to retrace to previous support / uptrend line. Don't forget to subscribe for regular updates. Thank you!
Long Zcoin/BTC Support zone : 0.00199785 Buy zone: 0.00215730 Sl: 0.00199000
At these prices i favor a long, relative low risk, but potential great rewards if it goes to retest ATH around 700k.
It could continue higher from here, reaction on support, with previous candle on high volume.
Hey everybody, I think Zcoin will pump because it just hits the breakout of this double bottom. And there's more and more volume and MACD confirmation! Have a nice day, Thank you, Cryptoz