Just another Crypto Analysis --- ZENBTC
So before I start, this is not a professional point of view or reco. This is just me trying to express my thoughts and what not about this coin.
As I continue, the indicators I use are Bollinger bands, Stoch Rsi and MACD.
Ever since ZENBTC went down last July 20, 2018, I tried to go back at this and try to see what it was doing, given that bitcoin is trying to get back up.
My stand at this is like every other amateur who uses MACDs and StochRSI's, I am very watchful for the crosses and histograms, though at ZENBTC, the MACD is not yet crossing, but it's staying at the top (A good sign for me). The factor that is convincing me that ZENBTC might have a green candle in the following days is that, it is staying above the middle of my bollinger bands, I mean, ever since the crossing of my StochRSI (which also marks the end of its red days) prices have remained above the middle. I not saying all of us should buy this, but in my own personal studying, I am considering this and wait for a validation to enter maybe tomorrow 07/27/2018.
Again, this is just my opinion, trading markets is a probability game, which means, everybody has to taste it's part in making a mistake.
Ciao. K.
As I continue, the indicators I use are Bollinger bands, Stoch Rsi and MACD.
Ever since ZENBTC went down last July 20, 2018, I tried to go back at this and try to see what it was doing, given that bitcoin is trying to get back up.
My stand at this is like every other amateur who uses MACDs and StochRSI's, I am very watchful for the crosses and histograms, though at ZENBTC, the MACD is not yet crossing, but it's staying at the top (A good sign for me). The factor that is convincing me that ZENBTC might have a green candle in the following days is that, it is staying above the middle of my bollinger bands, I mean, ever since the crossing of my StochRSI (which also marks the end of its red days) prices have remained above the middle. I not saying all of us should buy this, but in my own personal studying, I am considering this and wait for a validation to enter maybe tomorrow 07/27/2018.
Again, this is just my opinion, trading markets is a probability game, which means, everybody has to taste it's part in making a mistake.
Ciao. K.
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