$ZEN/USDT 2D (Binance Futures) Ascending trendline on supportHorizen is accumulating above 50MA and seems ready to push higher mid-term, probably after a last pull-back!
More information about that hybrid PoW (Proof Of Work) / PoS (Proof Of Stake) blockchain, also a Privacy coin on www.horizen.io
Current Price= 80.474
Buy Entry = 78.906 - 71.922
Take Profit= 94.360 | 123.937 | 166.552
Stop Loss= 60.198
Risk/Reward= 1:1.25 | 1:3.19 | 1:5.99
Expected Profit= +25.12% | +64.34% | +120.85%
Possible Loss= -20.18%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 months
POW
start of the 5th wave of Elliott from $0.17 or $0.113crab, cypher and shark reversal scenarios:
if 3-4=0.61 X-3=$0.17 *more likely*
crab targets:
0.38 3-4=$0.3
or
0.88 3-4=$0.63
cypher and shark targets:
1.13 3-4=$0.9
or
1.42 3-4=$1.36
or
1.6 3-4=$1.86
butterfly reversal scenario
if 3-4=0.78 X-3=$0.113
targets:
0.38 3-4=$0.23
or
0.88 3-4=$0.6
POW Edge Reversal is HERE 🚀🚀🚀🚀🚀🚀🚀We've been sharing ideas on this strategy for quite some time now as part of our 'forward testing' approach and log.
In this video, I run through the strategy, how it works and how it can help.
Everything we do at POW is based on 'proof it works' - this is no different and you'll see this in the data I run through for you.
Any questions about gaining access please drop me a DM on here.
This just shows how powerful Pine script is - to automate a strategy and confirm you have an edge in the market.
Removing stress, decisions, overwhelm and all of the emotional struggles trading can bring.
Let me know in the comments what you think please - be nice right 😅?
Please scroll through some of my previous ideas to see some trades in action.
Regards
Darren