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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Zclassic - bullish

BY: @gailus | CREATED: Feb. 25, 2018, 9:31 a.m. | VOTES: 3 | PAYOUT: $0.00 | [ VOTE ]

Disclosure: I don't own Zclassic but I will probably do some coin rotation and buy it

Zclassic has broken a descending flag (a, b, c, d, e) and started a new 1-5 wave count.
Wave 1 is over and the corrective wave which almost pull back to the trend line is also over as confirmed by the RSI that was in oversold territory (and shown a positive divergence). I think we are now I wave 3. MACD has crossed up. I am very bullish on this coin.

If you initiate a position don't forget to put a stop loss.

https://steemitimages.com/DQmUx7yHJp5RnxrGXeb7ZZsyCXcWwSbPwXpBsAFxJnmFrd1/2018-02-25%20%C3%A0%2010.24.46.png

Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.

TAGS: [ #zcl ] [ #zclassic ] [ #cryptocurrency ] [ #blockchain ] [ #money ]

Replies

@gailus | Feb. 25, 2018, 10:51 a.m. | Votes: 1 | [ VOTE ]

I forgot to mention that there will be a fork on the 28th so the performance of ZCL will have to include the BTCP received and their performance. Actually, it would be worth selling ZCL and keep BTCP instead.

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