If you look at the past few months on this chart, you can see ZCOIN has undergone some huge runs up with equally massive collapses. This chart to me is currently 50/50 so I'm rolling the dice a bit. The has crossed over signal line and is heading into positive space. I could see price action either pushing through the red cloud at the small pinch, which is where would cross over zero line, or bouncing off of it and hitting support where it may range for a bit.
To be honest, I pulled the trigger on this trade while I was on the road as I figured it had hit bottom and was heading up. Now that I am sitting and reviewing charts, I'm not as , hence 50/50. Also, there seems to be 'large' orders that are moving around a bit which suggests some larger holders are still accumulating and manipulating things, so this may be a longer hold than planned. Amateur mistake. Always use all your tools before placing an order.
So reminder, take your time when placing orders. If you miss one, there's always another one coming.
apologies, i've screwed up and hit short when it should be long. Misunderstood what I was doing.