ZCL- Accumulation points in preparation for Bitcoin Private fork

BITTREX:ZCLBTC   Zclassic / Bitcoin
After a massive move up, price as formed a head and shoulders pattern + broke below the neckline.

Highlighted are 2 possible accumulation points if price reaches these points in the near future.

Point 1 :
Fibonacci cluster (1.618 inversion & 1.414 extension) + big resistance reaction to the left (follow green line) + previously formed structure support + possible arrival of 100 EMA into the zone.

Point 2 :
big resistance reaction to the left (follow orange line) + head and shoulders pattern target taking + area underneath 100EMA - which I believe will be overshot before price rejects back above and moves further up.

Trade with care.
评论: Realised the feed doesnt go that far back..

评论: Very strong reaction off 100 EMA

评论: Nice head and shoulders pattern

评论: had issues breaking the neckline
评论: Lost the charting for this idea so had to redo it.

We have reached acc zone 2

评论: seeing a decent amount of divergence on the RSI here

评论: Head and shoulders pattern has formed.
A break above the neckline will be good

thanks for this analysis - very clearly laid out
Jibs Joelman
@Joelman, no worries at all!
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出