I don't use RSI, I use the more reliable Money Flow Index or "Smart Money" or MFI, MFI is a price-volume weighted RSI, it simply tells you that smart money is moving in when it is pointing upwards and vice versa. Right now we just wait for MFI to change it's direction and must be confirmed by the Parabolic SAR switch to bullish trend to actually...
Ok, rules are rules the Parabolic has confirmed a bearish trend, so be it. It's not yet time to buy back because going back to 1.0 is a possiblity.
I own my own cryptocurrency tamadcoin.io
Despite the news on the year long $4 Billion ICO, one of the biggest ICO fund raising in the crypto space, the WEEKLY price action is showing the contrary
SELL ON GOOD NEWS
I own my own cryptocurrency and is tradable at BISQ tamadcoin.io
Nothing much, it's just a wash-rinse-repeat process, SWAG buying pattern, wait for the confirmation of support and go in at the entry range, exit at your TP and wash-rinse-repeat.
I own my own cryptocurrency and it is tradable at BISQ tamadcoin.io
SWAG works on any timeframe, bar none. Looks like we're seeing a support within the 6000+ levels and PSAR switch in sight, so it's a wait see, should that happen and we see a near crossover then that's the signal to enter.
I own my own cryptocurrency , tradable at BISQ tamadcoin.io
If you're in to it, it's a good scalping opportunity for ZECUSD, just wait for the PSAR to reverse and you got your entry confirmation.
I created my own cryptocurrency and it's tradable at BISQ
I wasn't able to check last night, 339 was a good entry when the PSAR changed position from bearish to bullish, it's a confirmed signal for entry, but I'm trading this crypto on a weekly swing so I will not mind the 15-minute action for now. Just posting for those who want to scalp ZEC for shorter period of time.
On the other hand, ZECUSD Weekly Buying Pattern is quite re-assuring. The bullishness was augmented with Gemini listing which makes "money laundering" legal in New York. :)
If you like what you see, you can drop token/s to my BTC wallet: 1Gxe7v8XaovSGuS1tVHXWEzbMcLmZ6uXSr
If the SMA(20) and EMA(13) failed to meet and cross, we'll see a continuous downslide towards 6759 and below. However, should that cross happens we're on the way back to 20,000 before year ends. It looks like ZCash is a better bet in the coming weeks