UPDATE: ZCL trade opportunity
Here's a little update on the trade call I made: https://steemit.com/cryptocurrency/@technicalanal/potential-100-trade-end-of-february
The two major outer lines are that big PAZ that I mentioned in my previous post.
The grey box at the bottom is a nice 4 hourly base.
Above that is my entry area defined by 2 dark yellow lines. In the middle is my green line where I've got a buy order placed.
These are "hooks" - price tends to be attracted to these in my experience, and I'm looking for that as my entry based on the information I put in my previous post, as well as this being a low of that parabolic move.
The origin of these parabolic moves are great places to take a trade from, especially with all things considered (upcoming fork).
Let's see how it plays out.
Apologies for the darkness on the charts. I'll address that in my next posts!
Coinomi has listed ZCL in their beta wallet and they promised to add BTCP soon! Great news!
Interesting! Still waiting on seeing if Bittrex will support it. If so, they're leaving the announcement late!
Yeah, it's one of the things I'm waiting to hear about as well. Very very late. Maybe they won't support it, but we'll see.
Dear technicalanal,
Hahaha, you cannot be serious, are you? That name my friend.
However, could you explain in a few sentences what zcl is? If you want to.
Yours truly, Gandalf The White
Haha! I thought the word play was too obvious a chance to not let slip by!
I've no idea what ZCL is to be honest. I'm a day trader, I don't look into these sorts of things! I just look at the charts and make my trades based on them
Haha, nah, no chance.
Okay. Really? I am more into (mid- and) longterm trading. Is more lucrative imo.
Yeah, I know what daytrading is; still thx for the explanation.
Have a nice day!
Thanks man, you too.
I have a couple of long term holds, but I find compounding small gains day trading to be more profitable.
You are welcome and thx too!
Everyone as he likes to.