#ZcashProject Key Signals and Technical Indicators
Successful ZEC traders often use a combination of the following indicators:
RSI (Relative Strength Index) - Relative Strength Index:
Buy Signal (oversold): When the RSI falls below 30, ZEC may be oversold, suggesting a potential short-term buying opportunity.
Sell Signal (overbought): When the RSI exceeds 70, ZEC may be overbought, indicating a possible correction or price reversal. Recently, the RSI of ZEC has been in neutral to sell territory (around 38.50), suggesting room for a rebound if momentum changes.
