Panjang
[XZC/BTC] ZCOIN ON THE MOVE

#XZC / BTC ( Bittrex , Binance ) ( MID-TERM )
Buy Range : 0.00060-63
Stop Loss : Daily close below candle 0.00054
Target 1 : 0.00098
Target 2 : 0.00128
Target 3 : 0.00161
This is a Mid-Long Term signal. Lets see different timeframes charts
https://imgur.com/9Uq9MaX
Monthly
- Good Big green January candlestick followed by a correction which is trying to hold MA8.
- Stoch RSI broken the and moved higher while CCI is on negative territory but turning fasting.
- In order to avoid a false breakout like March 19. Price action need to hold my SL levels before do another push.
- RSI moved but need to make a higher high to confirm trend reversal.
- MACD turned into green territory and crossed.
- If you like TD sequential, you have a red 9 nine which preceed bullish reversal.
https://imgur.com/qyaP8am
Weekly
- Price correction trying to find support on EMA20. Not bullish right now
- Indicators pointing down at this timeframe, only MACD is rising but im expecting a bullish extension if price is able to turn.
- Price action need to find some support on MA20
https://imgur.com/mePG5mN
Daily
- CMF reveals a bullish trend reversal
- RSI is not oversold but still going down / MACD still bearish and others indicators doesn't moving at all.
- Some bearish/sideways price action could be expected for very short-term
- Price action trying to hold MA50 and 0.618 fib without much strenght behind. Its likely possible test MA200.
https://imgur.com/IUH5L9g
BTC.D
Bitcoin Dominance its on a bearish retest. If is not able to recover the levels above MA50 ( weekly ) or EMA20 ( Daily ). Im expecting more upside for altcoins.
In Conclusion
XZC/BTC is sitting on a very interesant zones to buy "the dip" after a good run. If price is able to hold in our range, then, im expecting x2-x3 in the following months.
However, I highly suggest watch price action and close any trades if we got any weekly/daily candle closing below your moving averages.
Buy Range : 0.00060-63
Stop Loss : Daily close below candle 0.00054
Target 1 : 0.00098
Target 2 : 0.00128
Target 3 : 0.00161
This is a Mid-Long Term signal. Lets see different timeframes charts
https://imgur.com/9Uq9MaX
Monthly
- Good Big green January candlestick followed by a correction which is trying to hold MA8.
- Stoch RSI broken the and moved higher while CCI is on negative territory but turning fasting.
- In order to avoid a false breakout like March 19. Price action need to hold my SL levels before do another push.
- RSI moved but need to make a higher high to confirm trend reversal.
- MACD turned into green territory and crossed.
- If you like TD sequential, you have a red 9 nine which preceed bullish reversal.
https://imgur.com/qyaP8am
Weekly
- Price correction trying to find support on EMA20. Not bullish right now
- Indicators pointing down at this timeframe, only MACD is rising but im expecting a bullish extension if price is able to turn.
- Price action need to find some support on MA20
https://imgur.com/mePG5mN
Daily
- CMF reveals a bullish trend reversal
- RSI is not oversold but still going down / MACD still bearish and others indicators doesn't moving at all.
- Some bearish/sideways price action could be expected for very short-term
- Price action trying to hold MA50 and 0.618 fib without much strenght behind. Its likely possible test MA200.
https://imgur.com/IUH5L9g
BTC.D
Bitcoin Dominance its on a bearish retest. If is not able to recover the levels above MA50 ( weekly ) or EMA20 ( Daily ). Im expecting more upside for altcoins.
In Conclusion
XZC/BTC is sitting on a very interesant zones to buy "the dip" after a good run. If price is able to hold in our range, then, im expecting x2-x3 in the following months.
However, I highly suggest watch price action and close any trades if we got any weekly/daily candle closing below your moving averages.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.