Brisben 의 BITTREX:ZCLBTC 용 Bullish Pennant Building In Z-Classic

trendanalysis chartpattern indicator zclassic zcl zclbtc btcp bitcoinprivate hardfork bitcoin cryptocurrency

Super bullish on Z-Classic. In my last chart I suspected a bullish ascending triangle, however with more data I believe it could be building a pennant now.

ZCL/BTCP snapshot date is 28-02-2018. Holders of ZCL will get 1:1 allocation of BTCP (Bitcoin Private) during the upcoming fork. This will fuel a massive pump I believe, most likely followed by a huge dump after the snapshot is complete. We have seen similar things time and time again in BCH, BTG, and NXT for example.

I've been doing research on the Z-Classic team, product etc and they seem solid, as does Bitcoin Private.

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코멘트:

Pennant still intact. 3 weeks until snapshot.

액티브 트레이드:

Trigger is now @ 0.0124. Big upside after a close there.

코멘트:

Are you adequately prepared for what comes next?

코멘트:

I want to remind everyone that this is a HIGH RISK/HIGH REWARD trade. There will most likely be a big pump in the coming weeks followed by an equally large dump. It is very important that you have a strategy in place for this period of time. If you just want profits from this pump, then take profits as we move progressively upwards. If you actually want to hold BTCP then figure out how much you want.

코멘트:

This is a case study of NXT that I did with identical time periods. This exact pattern pay not play out, but it could, so be prepared. Also note that the dump occurs well before the snapshot.

액티브 트레이드:

The beginning of the pump or another fakeout? I'd love to see more volume tbh

코멘트:

Seems legit. Still looking for more volume, but I'm willing to call this a confirmed breakout. Now let's gooooo!

코멘트:

Now we're cooking with gas! 2 weeks until snapshot.

코멘트:

This is what you want to see right here, building strong support on previous resistance!

코멘트:

Let's goooooooooooo

코멘트:

Houston, are we ready? Affirmative, ready for take off.

코멘트:

Buy orders flooding in. An additional 60 BTC in the past 10 minutes

코멘트:

I don't think the real pump has begun yet. I expect at least one more big push before the snapshot. But be wary up at those heights because the decline will be equally rapid.

코멘트:

It's possible there is another pennant forming

코멘트:

If this is indeed the case it could break around the 24/25 and pump hard until close to the snapshot.

코멘트:

Okay the second pennant theory is broken. But I still think we will see another pump before snapshot.

코멘트:

Let's see...

코멘트:

Wow. There is 93 BTC buy orders waiting @ 0.012 - 0.0125.

코멘트:

The real pump will begin when everyone thinks it's over ;)

코멘트:

Strong reversal on the median line of the downwards pitchfork. If we break out of the pitchfork it should moon hard

코멘트:

Possible bull flag. Wait and see...

코멘트:

The price has closed (on the 4h) outsie of the downwards pitchfork. This is a positive sign for more upwards movement. Could retest the barrier before more upside.

코멘트:

Last night we saw a strong move up to 0.0142. Now we have dropped back down and are testing the top of the downwards pitchfork (this is why we use stop losses). It is essential that the price stay above here. Some exchange support would be VERY helpful right about now.

코멘트:

Possible, but we need exchange support announcement ASAP!!!

코멘트:

Mini inverse H&S. Just add exachange support.

코멘트:

If you haven't already, move your ZCL to a wallet where you hold the private keys. I'm using the ZCL Electrum wallet.

코멘트:

To be honest I think Bittrex has royally fucked up by not clearly announcing that they won't support this fork. I can see a mass exodus coming, which is a pain in the ass because it's my favourite exchange.

주문취소됨:

Nope nope nope.