RSI is showing Zcash is overbought atm. This is a plan:
Sell or short Zcash at 35€ and take finally some profit.
Then see what happens:
- price breaks diagonal, buy back because the price might go up much more.
- price goes down, buy back at fib 0.618, this is 22.5€.
Play it smart, and you always win with this setup. Good luck!
Check out the weekly rsi, it is in an uptrend. We buy ltc at 93€ and sell at 117€, which is 0.382fib. A nice 25% ROI. If you are confident enough, sell only half at 117€ and another half at 163€, which is 0.618fib.
Lets start to buy some xpr starting from 0.618fib.
Buy orders between 0.535€ and 0.5€
I remember there will be some pumping news coming in april.
We sell at 0.59€.
10% easy profit.
Have a look at the daily macd, the short term storm has passed, we can start looking for an entry. We wait until we cross 0.618fib + brake of the downwards trend line. Buy opportunity if the price has been steady above 0.5€.
Quick trade to get easy 10%. I bought this week after the trendline broke. Now wait for 10% profit. Hodl in case of going down, I will go to 0.6€ one day. If not this month, probably this year.
