Vizionaire

ZCL breakout forming. Long term goodness ahead.

Long
Vizionaire Zaktualizowano   
BITTREX:ZCLBTC   None
ZCL is like coiled spring - ready to be sprung. Consolidation period and ascending triangle is coming to an end soon (approximately 24-30hours).
It's pretty amazing how far we've come already without having the official fork date set. Been riding this train since 550k sat. Next major catalysts & activities:

1) Fork date announcement (well DUUH) -> forceful upward movement.
2) Possible Trex / Topia fork support announcement -> fomo kicks in like never before.
3) 1-2 days inb4 fork -> price will peak -> selling opportunity
4) After fork: serious ZCL unloading & possible BTCP dumpening.

My strategy:
1) Sell some ZCL at the near fork peak to cover cost & make some sweet BTC
2) Dump ZCL immediately after fork
3) HODL BTCP loooong (as I actually believe that this project could turn out one of the most successful forks. Ever.)
4) Hoard moar BTCP with profits.

One could try to pull BTCP dumpening & buy back with cheaper price, but it could turn out to be risky move.

Some crude ideas about satoshi targets:

1) current week (without ann): 185 - 2 000 000 sat
2) fork announcement: ~3 500 000 sat
3) exchange support announcement: 450 - 5 000 00 sat.
4) near forkening fomo peak: 600- 7 000 000 sat -> profit taking time. Sell 10-30% of ZCL, hodl the rest for BTCP.

What do you think?
Komentarz:
Quick update: wedge pattern is quite solid tool for pinpointing possible trend change areas. Crash came right on schedule - quite the opposite what I was looking for :).

If only BTC & crypto followed common sense. We'll see where this is going. I still believe in ZCL/BTCP fork success and will follow my own strategy.
Zlecenie zamknięto ręcznie:
Done deal. Gonna update once BTCP gets listed to exchanges.
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