ZCL Bullflag on 1hr Chart, Medium Term Long

Beschreibung

⋅ 2. Jan. 2018 16:02

ZCL is forming an absolute monster of a bullflag on the 1hr chart.
As you probably know, ZCL is rebranding into Bitcoin Private, airdropping BTP to any ZCL holders sometime in January 2018.
Potential 2-3x. Good Fundamentals.
medium.com/chain-intelligence/the-resurgence-of-zcl-and-an-upcoming-hardfork-3ba65de3cf21

Buy Zone = Anything below 7300 is good.
SL = Sell if pennant breaks downwards. 6800-7000.

Medium Term, 2-4 weeks.

Kommentar

⋅ 7. Jan. 2018 06:14

Dipped to 6300 because of BTC, but fundamentals are still strong.
Formed another bull flag (a larger one) and went parabolic from there.

Weak hands sold at 6000 and missed the price doubling.

I personally HODLed since i entered at a very good price on the 27th Dec

Trend Analysis Beyond Technical Analysis

Kommentare

IamTheSpectrum

⋅ 2. Jan. 2018 18:45

imgur.com/3a51f8a9-ec7d-424b-9096-ebfcf77eda4e

at 6300, what now?

Zebre_Trader

⋅ 3. Jan. 2018 13:52

@IamTheSpectrum, Don't buy yet. Everything dropped because of bitcoin. Wait for bitcoin action, keep an eye on this

CuriousInvestor

⋅ 7. Jan. 2018 06:15

@IamTheSpectrum, BTC pumped, everything dumped. Thats the danger of trading alts. Either set tight stop losses OR hodl if you know the fundamentals are strong.

Mehr