ZCoin (XZC) SURGED out of a CUP & Handle...now what? Find out in this Analysis!
SUMMARY
Here is ZCoin (XZC/USD) and look at the Cup & Handle pattern that executed beautifully! Then, price surged twice and wer're now on the second surge. After this corrects, $45.85 should be next.
Here is the XZC/BTC pair. I don't think I'eve ever seen a double Cup & Handle pattern. It seems likely that this chart can display and complete that soon. The target is 0.0137 BTC!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Yay! Znodes - masternodes in December! Thanks Haejin. You’re killing it. BTS listed on Binance.. TA prophet.
@haejin, @solisrex
do you guys think any of these 2 are realistic or correct?
the (4) doesnt overlap its just i put the line like that so its easier to see...
Feedback would be great, I cant seem to tell if the fifth wave is done or not.
looks good
thank you, which one? Blue??
If price breaks up, blue. If price falls, purple.
I wanted to ask - is your ETH wallet a MEW so I can send you tips in any ERC-20 coin?
You can send any ERC-20 token to an ETH address. Just let him know which coin, and contract address, if it is a custom token.
Thanks! Haejin, flipping ya a couple KNC this time.. and a bonus token or two you will appreciate later - Spectre. ;) Reply so i know you got this message before I send the Spectre so you can add the addy.. cheers, keep it up mate..
Mighy grateful!
thanks @haejin! where would you buy in this scenario of the double cup&handle?
at the end of the handle? or now and ride the top of the cup?
Thanks for this post it looks very interesting
Well, if you count five now from bottom, then await a small correction and ladder in at end of c wave.
Love Zcoin! Thanks for the analysis!
I wish you MASSIVE profits!
Thanks! You too @haejin
I am about to dip my toe in some of your ideas..thank you for your efforts! Would you consider doing one for BCO Bridgecoin?
CHEERS!
Hello all!
Do we know what kind of a correction, if any, we may see ? I am wondering whether to sell some and buy back? Thanks!
According to the guideline of alternation, because 2 was sharp and deep, 4 will likely be complex and shallow.