JTBtrades

ZCL Update

Long
JTBtrades Updated   
BITTREX:ZCLBTC   None
Price still in supply zone but 61.8 now serving as support. Break out from here will likely test highs. Conversely, a rejection likely takes this below supply again. All things contingent on BTC holding up.
Comment:
Pushing above supply now, but bearish divergence on RSI 4H, telling me this is a poor high and probably isn't going to hold, at least for the short-term. Daily still has time to take back some of that tail.
Comment:
Attempted to leave supply and rejected. BTCP announced a date for the fork and ZCL now dealing with a strong selloff, at this time it is struggling to hold the 618 from this recent runup, loses that and this goes right back to 97-$120s

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