Zclassic (ZCL): What's Up With This Chart?

Zclassic (ZCL) has been sold all the way back to the stone age. Showing extremely oversold on the RSI and reaching incredible lows on every single charts.

Gains made in the past three months were completely obliterated in just a few days, and now comes an opportunity for a short run. But don't expect it to go that high, as there can be millions of bag holders waiting to sell.

Either way, the chart looks good for some short term and swing trades (for advanced traders).

The daily chart allows for plenty of room for growth.

What is your opinion, how should we trade this coin?

Note: This is not a trade suggestion. I am posting this, just asking questions...

Please share your opinion in the comment section.

What would you do my friend, in this situation?

Namaste.

Bình luận:

Beginners, please be careful with this one. Good money can be made but the risk is extremely high.

Have a plan, follow a strategy on don't trade based on the 5 minutes chart.

Also, don't get locked to the screen and trade based on emotions, as fear can push me to make some bad decisions.

Play safe, and invest only what you can afford to lose.

Don't put all of your eggs in one basked; diversify.

Just some quick suggestions, hope it helps.

Namaste.