Long
XZC 200% to 0.618
Fundamentals:
A POW Privacy coin with a low circulating supply of only 5,757,841, XZC seems to be in a proper reload zone. We just had a dev update released today, October 22, 2018, which seems positive (zcoin.io/zcoin-dev-update-october-22nd) given that this project has a relatively active github history (coincheckup.com/coins/zcoin/).
Technical:
Market structure is coming in and a double bottom is very close to confirming on the 4hr. Williams %R and OBV 13ema showing bullish signs on the 4hr. ATH volume spike on the 4hr. A weekly double bottom is trying to confirm if we do confirm expect a breakout to test the yellow trendline.
A POW Privacy coin with a low circulating supply of only 5,757,841, XZC seems to be in a proper reload zone. We just had a dev update released today, October 22, 2018, which seems positive (zcoin.io/zcoin-dev-update-october-22nd) given that this project has a relatively active github history (coincheckup.com/coins/zcoin/).
Technical:
Market structure is coming in and a double bottom is very close to confirming on the 4hr. Williams %R and OBV 13ema showing bullish signs on the 4hr. ATH volume spike on the 4hr. A weekly double bottom is trying to confirm if we do confirm expect a breakout to test the yellow trendline.
Note
Note
We are now showing very bullish signs. Weekly W in obv, daily W in Willy. It is looking like we might close above the range indicating the weekly breakout above the 88.6 level
A new fundamental driver was just announced: XZC will hard fork on December 10th:
twitter.com/zcoinofficial/status/1055184017304080384
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.