ZCLASSIC FALLING WEDGE COMPLETED!
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 wedge pattern and should be looking to hit 0.0021 BTC again which is an easy 25% profit in a couple of days where if the market will be looking green at that moment we might be even seeing bigger rise to 0.0026 BTC where we would be talking about a bigger profit than 50%!!
Some indicators showing a bull signal:
STOCH RSI showing oversold
MACD is looking on its way up and is getting close which indicates a breakout may be soon
Also ZCLASSIC has confirmed the Falling Wedge Pattern by touching the base and the side of the wedge at least twice and it also broke the wedge so we should be looking to hit the top of the wedge once more which is 0.0021 BTC
So I guess it is time to long ZCLASSIC
Buy-in price: 0.00166-0.00180 BTC
Targets:
1.0.0021 BTC
2.0.0026 BTC
3.0.003 BTC (long-term)
Stop Loss: 0.00159 BTC however after your stop loss don't forget to buy back!!
Buy-back(in case of stop loss): 0.00151-155 BTC
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 wedge pattern and should be looking to hit 0.0021 BTC again which is an easy 25% profit in a couple of days where if the market will be looking green at that moment we might be even seeing bigger rise to 0.0026 BTC where we would be talking about a bigger profit than 50%!!
Some indicators showing a bull signal:
STOCH RSI showing oversold
MACD is looking on its way up and is getting close which indicates a breakout may be soon
Also ZCLASSIC has confirmed the Falling Wedge Pattern by touching the base and the side of the wedge at least twice and it also broke the wedge so we should be looking to hit the top of the wedge once more which is 0.0021 BTC
So I guess it is time to long ZCLASSIC
Buy-in price: 0.00166-0.00180 BTC
Targets:
1.0.0021 BTC
2.0.0026 BTC
3.0.003 BTC (long-term)
Stop Loss: 0.00159 BTC however after your stop loss don't forget to buy back!!
Buy-back(in case of stop loss): 0.00151-155 BTC
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