dbnation211
Long

ZCL consolidating and getting ready to make a move

BITTREX:ZCLBTC   Zclassic / Bitcoin
Zclassic is starting to tighten up a bit along the .618 fib level, which appears to be an area of reasonable support. I think that we're going to make a move to either the .5 or .786 fib levels reasonably soon. A move to the .786 fib level makes more sense to me though, as we've successfully tested .618 three times. I believe this is also evidenced by the fact that zclassic has barely moved compared to other alts during this crypto bloodbath. I attribute this to the fork hod'lers and others buying in when the price dipped bc             of bitcoin             . Look out for some upward movement but keep in mind, a serious downward movement by btc             can change things quickly, so be careful.
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