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BitfulMind

$XZC.X (ZCOIN), do we have an opportunity on the rebound here?

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BitfulMind  
BINANCE:XZCUSD   None
Support and Resistance Supply and Demand Oscillators xzc XZCUSDT rsi_oversold rebound
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supportandresistance supplyanddemand oscillator xzc xzcusdt rsi_oversold rebound
Hi Community,

XZC seems to offer an opportunity here.

Here is what I see:
  • Price is rebounding from an ascending support line, which was previously tested.
  • RSI 1H TF just moved above 30.
  • RSI 4H TF is below 30.
  • A potential 70% profit if price breaks the descending resistance line and flips it to support.

Potential TP Targets:
  • TP1: 3.70$
  • TP2: 5.03$

    What do you think?

    Comments and feedback are most welcome.
    If you think I am on the right track, a "like" will be most appreciated. :)
    Thank you and Happy trading!

    ------------------------------------------------------
    Needless to say, this is not financial advice!
    Still learning here, so please be nice!
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