Indicators ( and Momentum) in medium overbought area.
— Blue and Yellow Lines.
Momentum — Red Line
Histogram — Finds market bottoms/tops. If green - shows local bottom. If red and bottomed - sell signal.
How to use this combination - If histogram are green and RSI/Momentum in bottom - this is good buy signal.
If RSI/Momentum in top and histogram red in bottom - sell signal.
Rebuy area: 0.052 and lower
Take Profit 1: 0.060
Take Profit 2: 0.064
Take Profit 3: 0.067
Take Profit 4: 0.079
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My question would be - do you think the same dynamics exist as when you made this analysis? I have my trade on Bitmex, so of course it costs to maintain the trade. I am happy to keep the trade running medium term, but if you thought that ZEC was unlikely to hit the targets here in say the next 30 days I'd probably think about letting it go...
But of course, easy to let it go at just the time you should have hung on :) Any thoughts, opinions appreciated.