ZEN/USDT QUICK 12hr ANALYSIS.Welcome to this quick ZEN/USDT 12hour update analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello Members, welcome to our ZEN/USDT quick update,
ZEN/USDT broke the upper trend line and retested already but in the current scenario, it's moving toward the upper trend line to retest again.
So it's another chance to take a position for the long term on the spot or low leverage.
The entry zone in this setup will be the yellow zone and stop loss will be the lower red line.
if BTC moves in the right way then I am expecting we will be able to see a 130% potential rally.
Don't forget to use stop loss in every trade for safe trading.
Entry:-$32.90,$38
Target:-$45,$51,$60,$72,$83,$94,$112,$131
Stoploss:-$26
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of ZEN in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Zenusdt
High sell volume + O.I dropThe idea is the same as previous trades. We look for high volume with open interest divergence. ZEN has rallied with a decent volume, but O.I is not up to the mark. This suggests the recent rally was mostly short covering.
If we manage to close above 42.8 I'd close my short/ if the O.I catches up. Take profit is at 0.6 retracement of the current range.
Horizen ;Zero-Knowledge (ZEN/USDT analysis)📉📈Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #129,/ kind :COIN/ Market Cap:$462,223,164===> ✅
MAX Supply: 21,000,000/// Circulating Supply: 12,122,343.75 ZEN (~ 58%) ====>GOOD ✅
🔰What Is Horizen (ZEN)?
Horizen is a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, speed, and privacy. Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS.
coinmarketcap-horizen.io
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📈📉 TECHNICAL
As you can see on the Weekly timeframe for ZEN/USDT , It is trading about $38.38 right now.
ZEN has been declining in descending channel and almost printed a similar pattern like btc at the same time , so it show the correlation between Horizen and Bitcoin was high so far , thus probably it will follow bitcoin movement in future too , the general trend is still bearish and recently touched bottom of channel and rebounded again , so now i expect a pullback if it reach to forehead resistances . so now there is a possibility of further fall to volume gap zone ,but in order to reach the TP and targets, it needs to breakout the upper trendline of channel.
🛑resistance level: $100-108 ///$52-$57/// $3.2-3.6///descending trendlines of channel
❇️support levels: (FIBO LEVELS)///$19-26 (volume gap) ///$13-15///descending trendlines of channel
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
ZENUSDT WAVE ANALYSIS (GLOBAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍 (If you liked).Thank you!
Everything on the chart.
Globally we're in double zigzag(wxy) wave of (IV).
Waiting for an upward movement either from the current price, or through a some update of the last low.
It all depends on btc , if btc will formed global triangle then yellow option,
if on bitcoin we get a complication to double zigzag (wxy) with updating the local minimum to the 25k region,
then ZEN goes to test the ~20$ zone and only from there it starts to grow, in any case, the goals are the same.
Entry: market and lower
targets: 60 - 120 - 180 - 240
MAIN TARGET ZONE AT THE END OF BULL RUN: 200-250$
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth,consolidation below ~10$
Risk is justified.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ZENUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 110 - 130 - 150
after first target reached move ur stop to breakeven
stop: ~under 67 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
ZEN / USDT Triangle. Breakdown. Huge volume earlierIn the secondary trend, a symmetrical triangle of 244% has formed. There is a breakdown of its resistance (secondary downtrend). We see on the graph "traces of crime" a huge ransom with "align traces" of action.
Coin at coinmarketcap: Horizen(ZEN)
Start of trading. Price $ 5.14 Now $ 119
ZEN/USD Main trend (part) Triangle
Past Trading Idea ZEN/USDT Channel Up. More than + 2200% from $ 6.2
The work itself is shown in updating the idea as the price trend moves.
$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
ZEN / USDT — The Real Signal for Crypto ♠️Good morning , guys !
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We published a signal to buy a ZEN coin this night ,
Very good coin , we have worked with it more than once and very successfully .
So, at night we managed to catch a very good moment to enter it !
We entered the range of $ 85-73 , now at the time of writing these lines it costs $ 88.
A very promising breakout of the level, now we are going to the next point - this is already $ 90.
A very promising moment , we recommend adding a coin to your tracking list , if it is not there yet !
The chart shows our subsequent points, look friends !
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Write your thoughts below , we will be happy to chat and discuss any idea !
Good profit to everyone and more competent analytics . ❤️
This idea is not a financial recommendation, but is for informational purposes only! ✅❇️
ZEN: PATTERNS FAIL TOO!Dear Traders,
Today I would like to share my personal thoughts with you in hopes to contribute to the trading community. When I was a novice trader, I used to trust patterns blindly, like they're sent by God! But I learned that the market SOMETIMES works according to patterns. Patterns are merely guides that help us explore possibilities. To make decisions, we need to take into account a variety of factors including the context, the CRYPTO TOTAL MARKET CAP, and BTC.D/ALTS.D. The context always matters. Whether the market as a whole is struggling, improving, or stagnating can tell us a great deal about what we should do. Sometimes you notice a bullish pattern, but you feel a certain degree of unease to have an active trade in the market. That's when you should slam on the brakes and keep a cool head. The CRYPTO TOTAL MARKET CAP can tell us what the atmosphere is like in the market. Even if you spot a bullish pattern, if the TOTAL Criterion spells bleeding, you should think twice before entering a trade. BTC.D in relation to ALTS.D and ETH.D could help us make decisions if we know how they correlate. Funding rates could as well help your decision-making. When they skyrocket, greed abounds in the market, and the market will have to cool its jets to sustain its health. All in all, what I have learned is that a pattern is not a forceful indicator of what's to come. Patterns work fine when you consider the above-mentioned factors and wait for confirmations to execute your trades. ZEN might have tricked some with its wicks below the floor of the rising wedge, which is a bearish sign. Add to the mix a MACD that was going to showcase a bearish cross. If you have jumped the gun, you must be in a difficult situation now. However, you can look back on this as a learning curve passed.
I wish you the best and all the luck in the world. Take care!
P.S: I'm no expert and this is my bit I thought I could put out to help. Certainly, there are genuine experts out there you could truly learn from. Thank you for your support and attention.
ZENUSDT Long IdeaThe price has broken a downtrend creating HH and HL on LTF. We are slowly climbing inside an ascendinh channel. On HTF the trend is bullish. This is confirmed by the RSI, MACD and Ichimoku cloud. I am expecting correction so the price action can create a HL and a breakout and retest of the Supply zone afterwards. The traget is the next supply zone.
NFA
ZENUSDT Good BUY!ZENUSDT Technical analysis Update
ZEN/USDT currently trading at $62.00
Resistance Zone Breakout
Buy level: Above $61.50 - $62.20
Stop loss: $59.00
TP1: $65.00
TP2: $68.50
TP3: $71.50
TP4: $75.00
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update
ZENUSDT currently trading at 53.75
Wedge Pattern Formation.
You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move.
Buy level : $50.00- $55.00
Stop loss: 39.00
TP1: $72.00
TP2: $85.00
TP3: $115.00
TP4: $160.00
TP5: $200.00
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.