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ZENETH

ZEN/BTC (Retest Recent Low Support?)BINANCE: ZENBTC -Horizen tested the previous swing low at 5560 sat range -We saw a good bounce but currently faces rejection by the trendline resistance -If ZEN will pullback, it will likely to retest the recent low and form a double bottom -A double bottom reversal will only confirm if the trendline resistance is broken up -This will take a few days so please be patient and wait for a safer entry -The ideal stop loss is placed under the green support line -And the upside potential is up to the recent swing top at 9953 sat ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
by PolarHusk
6
There is a possibility for the beginning of an uptrend in ZENETHTechnical analysis: . Horizen/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03900) Ending of entry zone (0.03600) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.04420 TP2= @ 0.05170 TP3= @ 0.05780 TP4= @ 0.06390 TP5= @ 0.07260 TP6= @ 0.08360 TP7= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in ZENETHTechnical analysis: . Horizen/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03900) Ending of entry zone (0.03600) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.04420 TP2= @ 0.05170 TP3= @ 0.05780 TP4= @ 0.06390 TP5= @ 0.07260 TP6= @ 0.08360 TP7= Free
Long
by ForecastCity
4
Horizen (ZEN) | +47% PP | FREE TRADING SIGNALPair: ZEN/BTC Exchange: Huobi/Binance Trade Duration: Medium Risk: High Signal Strength: High Introduction Horizen (formerly ZenCash) is an incentive-driven application platform with optional zk-SNARK based privacy features that aims to provide everyone with complete control of their digital footprint. Launched in May 2017 (no ICO and no pre-mine), the leading-edge platform enables real-life use cases beyond the ZEN currency, including the ability to privately chat with others, publish information and go anywhere on the web with complete privacy. Our Entry Zone 0.001638 - 0.001792 Our Targets 1: 0.002020 2: 0.002401+ Our Stop Loss: 0.001595 To make sure you don't miss out on any FREE signals, FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button. If you liked this analysis, hit that thumbs up! Comment your thoughts below. And most importantly, enjoy your day! Axsonex Team ------------------------------------------ DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
by Axsonex
1
There is a possibility for the beginning of an uptrend in ZENETHTechnical analysis: . HORIZEN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03790 to 0.03320). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.03790) Ending of entry zone (0.03320) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.04420 TP2= @ 0.05170 TP3= @ 0.05780 TP4= @ 0.06390 TP5= @ 0.07260 TP6= @ 0.08360 TP7= Free
Long
by ForecastCity
1