ZEN has been trading in a channel for quite some time. In our last ZEN trade we managed to make some decent returns on ZEN's strong rebound. For this trade, we will wait for ZEN to continue its way down and catch is somewhere near the channel support with the idea to ride the bounce up. #ZEN/USDT Buy: 53 Target: 59 - 64 Stop-loss: 49 Happy trading!
-Wait for the candle to close above the blueline with good volume. -you can follow the analysis on 1H or 2H timeframe, but the important is the volume. -Go step by step. *NB:BLUELINE: entry level GREENLINE : take profit REDLINE: stop loss
ZEN has been trading in a small channel for a while. At the moment, it has reversed from the bottom support of the channel, slowly making its way up again. This trade is based around the idea that the channel will hold in the short term.
First of all, I am not a market predictor. The reason why I made this topic is because I found the perfect geometric structure on the Bitcoin price chart. This geometric structure has perfectly verified the high and low points of Bitcoin on the weekly chart since 2017. I am surprised indeed. If this perfect structure is to be maintained, the all-time high of...
ZEN has almost completed an inverse head & shoulders pattern, which is a strong bullish pattern. To trade this, wait for the pattern to complete. The price has to close above the Entry line. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence. Happy trading!
uhm, equal highs, kinda took some liquidity already, if not enough then buy lower box and be number go up wew $71 also nice on ltf idk
$ZEN Switched to a Buy once again on the 12H (usually strong) & across all HTFs Looking for a 1st interaction w/ 125k sats resistance level and if manage to break above it, then '20 highs.. (30%) Volume for now looking kinda weak so careful.. #ZEN
I found a bullish TK cross on $ZEN, the trailing line is above price action and green bullish cloud ahead on 1 day candle chart. $ZEN missed on earnings but had a solid rally the day after earnings was announced. Will be looking to enter a trade next week with tight stop. PT $170 short term
We are just meeting final structural target based on past PA. I still see this a hold because chances this will do another 10x from where we are. In terms of fundamentals is still strong. Backed by Grayscale, continuous development and growing community. In terms of technicals is still strong. Volumes show steady growing interest but nothing really usual or...
Hello traders As you can see in the chart above, Horizen (ZEN) has broken its descending Trendline, and I'm looking forward to seeing it touch the 0.618 Fibonacci level. I will update the Fundamentals and the ZENUSDT on the next Idea. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea,...
Price trading nicely within a bullish channel and historically retraces deep to the to the 78.6 fibb level. I have marked the confluence zone of the 32.8% of the last impulse move, previous support and the January 11th trend line as a potential buy zone.
Top/bottoms for the upcoming weeks. Analysis based on Gann angles and linear regression. Also it's in Grayscale's portfolio and has the fundamentals to back that up. There might be a dip to 29,4 if the crypto market circumstances drastically change.
Good things happening for the Altcoins/Cryptocurrency markets... Today, Horizen (ZENBTC) hit a new high compared to Nov. 2020 after a higher low. This is great news because it signals that many of the other altcoins will also move higher and hit new highs, which opens the door for even more growth. This is the same chart I drew on Jan. 10 but updated: The...
Horizen (ZEN) is rally on strong momentum to the ATH and just hit another resistance target with possible small pullback. Check video for latest thoughts on this project that is backed by Greyscale. Previous Zen Video