ZEC moving good in inverted head and shoulders pattern. Now we in Resistance area, so I'm expecting breaking support line and pullback to rebuy area. —
Indicators (RSI and Momentum) in medium overbought area.
Stochastic RSI — 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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