ZCLBTC Long
Updated
Please keep in mind that this coin currently has no devs and is basically in fundamental hell.
This trade is banking on the fact that buyers will eventually return and we're securing a position in the market now in hopes of new developers picking up ZCL.
We've been watching this coin since its fork around the $150 US mark and have been watching its decline all the way to $5. That is over a 90%+ decline!
We think this is a great spot to buy from the current data that is given to us, and will remain bullish until we see signs of bearishness.
I really like how this chart is looking and the cryptocurrency market is starting to show some signs of recovery.
If we look at a previous pattern when ZCL recovered from a previous hard decline it created a pretty similar pattern to what we see now.
This is a coin you can just throw a small percent of your account into and forget about it!
Entry 68000 satoshis.
Stops below 56000 satoshis.
This trade is banking on the fact that buyers will eventually return and we're securing a position in the market now in hopes of new developers picking up ZCL.
We've been watching this coin since its fork around the $150 US mark and have been watching its decline all the way to $5. That is over a 90%+ decline!
We think this is a great spot to buy from the current data that is given to us, and will remain bullish until we see signs of bearishness.
I really like how this chart is looking and the cryptocurrency market is starting to show some signs of recovery.
If we look at a previous pattern when ZCL recovered from a previous hard decline it created a pretty similar pattern to what we see now.
This is a coin you can just throw a small percent of your account into and forget about it!
Entry 68000 satoshis.
Stops below 56000 satoshis.
Trade active
Trade closed manually
Showing bearish signs, we're gonna be on the sidelines for now. Closed for breakeven!Trade active
Tight stops, previous supportComment
Wow, we're up an insane amount. We're going to adjust our stops to our entry now!Comment
up 100% so far!Comment
Comment
Trade active
very similar pattern to yesterdays, expecting another explosive move upwards! Tight stops below previous support
Trade active
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