Horizen (ZEN) formed bullish BAT for upto 13% moveHey dear friends, hope you are well and welcome to the new trade setup of the Horizen (ZEN) with US Dollar pair.
Previously I shared a long term trade setup of ZEN , which is still in play as below:
Now on a 4-hr time frame, ZEN has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Horizenbtc
Horizen (ZEN) formed bullish Gartley for upto 1473% massive pumpHey dear friends, hope you are well and welcome to the new trade setup of the Horizen ( ZEN ) coin.
On the monthly time frame, ZEN has formed huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#ZEN/BTC 1D 115% Potential Profit. Trade Setup for July!Welcome to this quick update guys.
ZEN BTC has been trading at the bottom, certainly
Technical perspective:
Breakout of the 128 days long Falling wedge channel
Currently forming a bullish pennant
Double bottom formation
A lot of fundamentals at the end of June and July which will eventually create a lot of HYPE.
So I think buying the dips would be profitable in future.
ENTRY:
5500 TO 6330
Targets:
1. 8022
2. 8683
3. 9675
4. 10277
5. 11969
Stop Loss: 5337
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STAY SAFE
#Peace
ZEN/BTC, BULLISH CYPHER, FALLING WEDGE, ATTEMPTING BREAKOUTIt has formed a nice harmonic and is attempting a breakout of it's immediate resistance of the falling wedge. Safest bet would be wait for it to make another attempt to breakout to enter but keep SL behind support once it bounces. I am liking what I am seeing on this and if this current pattern breaks down, I expect it to make a Bullish Bat pattern (falling to the 0.886) before its rally upwards. So overall, the R/R look good to me here as I am expecting it to test 100 WMA.
I AM NOT A FINACIAL ADVISER, DO YOUR OWN RESEARCH!
ZENBTC formed bullish BAT | A good long opportunityPriceline of Horizen / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0005171 to 0.0005090
Sell between: 0.0005365 to 0.0005656
Regards,
Atif Akbar (moon333)
ZENBTC same cycle likely to repeat again| Upto 803% potentialLets have a brief look at the ZEN with Bitcoin pair:
Then:
In the month of Jan 2019 the MACD turned strong bullish before golden cross of 25 simple moving average with 50 simple moving average.
In the month of Feb 25 SMA crossed down the price action and formed a golden cross with 50 SMA and pushed the priceline to the resistance of channel.
Now:
The same cycle is likely to repeat again.
25 SMA again crossing down the price action to form a golden cross with 50 SMA which will push the price action to breakout the resistance.
100 SMA is ready to form a golden cross with 50 SMA in case of breakout from the resistance of channel which will produced more powerfull bull thrust that can push the price action even beyond the 0.786 fibonacci (the end of sell zone is i have defined on chart).
Volume profile of complete channel is showing very low interest of traders below the support of channel.
I have defined Fibonacci sequence to set the sell targets as below:
Sell between: 0.0018685 to 0.0034417:
Regards,
Atif Akbar (moon333)
ZENBTC has formed bullish shark on month chart | Upto 941%The pricline of Horizen / Bitcoin has completed the formation of bullish shark pattern.
Now the price action is entered in potential reversal zone of this pattern.
From here the price action will move up soon to hit the sell targets insha Allah.
The targets are defined using Fibonacci sequence:
Buy between: 0.00158323 to 0.00049565
Sell between: 0.00275524 to 0.00515989
Regard,
Atif Akbar (moon333)
New horiZENs
My favourite coin is reversing. Could it be the bottom or just a reaction for the overall market situation, I don't know. But if it is, it promis some good profits. And I've marked only those that comes in the nearest future. ZEN weekly chart from Bittrex shows it has much more potential.
$ZEN Elliot Wave Count Possibility...Potentially HugeSo looking here at the corrective Second Wave that we are experiencing now it appears to me that we have completed the A leg of the 3 subwaves and may begin a B Wave correct that will of course be thwarted at I believe the .5 Fib level prompting the start of the last subwave (C) of the larger corrective wave (2). I have placed that at the breakout support which should be very strong as demonstrated by the bounce that we are currently seeing. Once the ABC corrective waves complete that will signal the end of the 2nd wave and the beginning of the 3rd wave which also happens to be the longest. I will refer to Richard Prechter's "The Elliot Wave Principle" in order to continue to examine this chart and set potential targets for the 3rd wave.
Summary:
I believe A wave of the ABC correction is complete. Now a bounce with this B wave up to 0.5 Fibonacci retracement level and then the final C wave of the correction that will coincide with the new support that was found after the strong breakout from resistance at that level yesterday. Coincidentally (or maybe not so since there is an underlying order in the universe and in markets) the new support lies at the 0.23 retracement level). As always I welcome your questions, comments, and opinions. Your thoughts are welcome here.
- BitBookekeeper
ZEN Reversal on the .618 with a 33% Potential Profit- Strong rebrand with only downward price movement (indicating accumulation)
- Bounced on the .618 Fibonacci with strong support
- TD9 Buy set-up on the daily chart.
- Strong support level from back in april.
- Nice doji with strong buy volume follow through.
- Double bottom on 4 hour RSI
- Expectation of at least a run to the .0026 level for 26%
- Will watch for a potentially strong reversal from there to higher levels.