FA:
Z Coin has a halving expected in September
Node and Protocol updates in the next few quarters
TA:
ZCoin has been trading within this channel for some time, with the help of the price movement from their expected halving and upgrades alongside an altcoin upward trend; if this was to breakout of this channel it could approach ATH.
Final Notes:
Not a good entry here, treat this as a breakout trade or if there is no breakout, buy the retraces on lower time frames. Another thing to note, is the final verdict on privacy coins by the Governments worldwide.
Always enjoy, doing charts for you all, stay safe, manage your risk.
PLEASE. SHARE/LIKE/COMMENT with your ideas
-Megalodon Whales
BINANCE:XZCBTCBINANCE:XZCUSDTBINANCE:XZCETHHITBTC:XZCBTC
Z Coin has a halving expected in September
Node and Protocol updates in the next few quarters
TA:
ZCoin has been trading within this channel for some time, with the help of the price movement from their expected halving and upgrades alongside an altcoin upward trend; if this was to breakout of this channel it could approach ATH.
Final Notes:
Not a good entry here, treat this as a breakout trade or if there is no breakout, buy the retraces on lower time frames. Another thing to note, is the final verdict on privacy coins by the Governments worldwide.
Always enjoy, doing charts for you all, stay safe, manage your risk.
PLEASE. SHARE/LIKE/COMMENT with your ideas
-Megalodon Whales
BINANCE:XZCBTCBINANCE:XZCUSDTBINANCE:XZCETHHITBTC:XZCBTC
We have broken the resistance, therefore, this is a breakout trade, however, the candle is not looking positive, keep an eye out for potential retraces, look for entry on the lower time frames.
See you all soon