Low Risk ZENCASH buy in. Week long ascending triangle.With BTC bull slowing down this week a lot of alts are showing possible buy signs.
That said I like this one more than most. Week long ascending Triangle.
If you want to wait for confirmed breakout fair enough.
Target one has been set below whole number 250,000 sats. This is just below the next fib level and just under 21, 50 day SMA's etc.
See graph for recommended stops at approx 179,000.
Privacy coins in general are strong performers and Zen is solid within that space.
ZEN
ZEN 15M Timeframe Chart 15 December 2017Zencash, one of the Palm Beach coins!
It's in bouncing zone again. Retraced big time and did make a nice bounce on the 170K support already. Expecting to do that pretty soon again, so we can make a quick trade.
If it doesn't bounce, we'll be using a stop/loss below this level and buy back on a lower support level, which seems to be around the 160K zone (or just hold).
ZEN analysis by @Tiigz Zen looks ready to making his move have W bottom and almost done with his last Arm of double bottom and looks Ascending triangle.
free to join at current price 0.00315
Targets
0.00397228 28%
0.00587228 90%
Stop limit
0.00251049
Risk/Reward
18% / 90%
capital management is recommended
we ask Allah reconcile and repay
Your feedback is very importnat and we appreciated it
ZENBTC 4 HOUR TIME FRAME BULLISH CHANNELZENBTC 4 HOUR TIME FRAME BULLISH CHANNEL. Los Angeles 12:35PM.
Channel Strategy:
Buy and sell inside the channel trend lines. Buy on the 2nd bounce off support and sell at the 2nd resistance and repeat. If price action breaks the trend line use stop loss.
What to look for:
RSI remains above 50+.
Price action found support on Kijun Sen.
Price action is above the kumo.
Chikou Span remains above Kijun Sen.
Good momentum for *ZEN^There are News coming up today October 25, 5:00 PM GMT. The Secure nodes are on Beta (Testnet) at the moment, will we switch Secure nodes to mainnet soon? We will know more in 1 hour. The Developers are also working on a new Website and a new Wallet with some unique features. You can watch the Update Live here www.youtube.com #Zen
ZenCash - Soon to be the Number 1 Privacy Coin on the market!The latest Palm Beach Report is out, for those who are not familiar with PBC. They picked Antshares/Neo at $0.12USD, they picked Stellar ($XLM) the week BEFORE IBM partnership announcement so there up there with the best. There newest report claims the next x 50 coin is $ZEN. They are anticipating a big announcement from $ZEN in the coming weeks that will flip the game on privacy coins and push $ZEN to a 1-2 Billion dollar market cap. Since the report came out price exploded from $10 to $30. The team is made up of aMercenary Mathematician, Nuclear Sub Officer, NASA Hacker.
Based on the charts a profitable entry would be around 0.0036 sats and if you want to limit your risk buy the breakout. Keep in mind this coin is currently sub 50 Million USD market cap so this could easily run 200-300% in a matter of days.
ZENCASH - soon 200%?This one looks super promising what comes to team, tech and to overall hype. People are shilling it all over the internet atm, so high gains is possible, but be cautious. TA-wise ZEN had bounce earlier from support and is showing steady growth towards ATH that is our first target. RSI confirms trading in bullish zone.
Zencash potential cup & handle - ~35% profitZEN/BTC looks like it may form a cup & handle from here. it saw a huge spike in volume recently due to a Palm Beach Confidential buy order rumor. buy pressure has slowed down and it will consolidate here for another probable leg up. buy around the labeled support zone & wait for the medium term to sell at the labeled resistance zone for a tidy ~35% profit.