ZENBTC trade ideas
‘The Calculator’ - Analysis #18Although many trades could be taken based on the underlying math of ‘The Calculator’, my own (conservative) trading rules say that it’s NOT about the quantity of trades. It’s about the QUALITY of the trade. I call it ‘predictable probability’.
If you find this analysis of any value or merit, please provide a COMMENT and/or a THUMBS UP. Thanks in advance for your follow through.
With all that being said, I am NOT a professional trader. I DO NOT provide investment advice. This content and the data provided in the indicator is based on my live and simulated, personal observations and is intended for educational purposes ONLY. YOU are responsible for ALL your trading decisions and ALL subsequent tax ramifications. Past performance DOES NOT guarantee future results.
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.
[ZENBTC] Horizen Secure Nodes LONG [150% – 250% PP]The charts for ZEN are looking good for a long term trade, so let’s take a look and get started right away:
Trade instructions for Alan Masters Trades PREMIUM Supporters
Buy in: 0.00240 – 0.00254
Targets LONG TERM for Horizen (ZENBTC) by Alan Masters:
(1) 0.00292
(2) 0.00328
(3) 0.00388
(4) 0.00184
(5) 0.00553
(6) 0.00641 (All time high)
(7) 0.00737
(8) 0.00893
Capital allocation: <10%.
Notes:
- Horizen (ZEN) has a variation to masternodes called secured nodes, which improve on security and privacy according to them.
- This is a strong altcoin and can be held long term. Is it in the Top 100 altcoins by marketcap list.
- You can research these to set up a secure node and earn passive income.
- You can earn long term through your nodes and later sell for profits when ZENBTC hits the price you are confortable selling at.
- Masternodes / Secure nodes are meant mainly for long term passive income generation.
Stop loss: Close below 0.00230 on the weekly candle.
If you buy into this trade and decide run a secure node at the same time, you can ignore the stop loss and hold Horizen (ZEN) long term. Only sell when you meet your desired price. This type of strategy is only possible with a bullish view of altcoins and cryptocurrency in general in the long term. We believe that cryptocurrency is here to stay and that it will be used as the money of the future.
Namaste.
Simple price projections: Fractal Dates: Sep18, Oct18So, i know ZEN is an awesome project.
BUT, we are below the ascending channel. This means, we got some strange weakness happening against BTC.
It could be oversold, and you could be trying to get some now, and have a S/L @ 290K
We also, that a lot of traders are actually holding at these levels right now, so it is a matter of HODL and how well BTC is going to do.
From what see. BTC is going to continue to strengthen.
I do also hope that we can somehow return into the channel, then we can see some amazing price actions, that we saw previously in the past.
Time will tell, good luck.
*LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
ZEN Back in my Buy ZoneLooking at the history of ZEN you can see this one is prone to some extreme volatility. I use loose stops on this one because of that, and pay more attention to target areas.
Last Zen trade went well as you can see in my profile. After two TPs and one rebuy, I exited on the 5/20 cross. We just opened a daily candle above the 5ma with strong bounce and we are in a likely long term support area. Due to volatility I have some bigger orders setup at the lower support, but most of my position is open, or will open above the 5ma with the idea that a bullush 5/20 cross is coming.
With bullish divergence on the MACD Histogram and Stoch about to issue a buy signal I am comfortable opening this trade without waiting for the bullish cross.
Targets are the same as before. Marked on chart.
A scalp target could be the 20ma, but I am not taking that target myself.
Close up:
6hr:
Zencash (5 out of 10 coin in bullish wave)Many coin drop this year and still inside bearish wave. But we found a few coin that already break up bearish wave. This 5th of our 10 coin in bullish wave analysis.
5. ZENBTC
Zencash still inside big channel up, and not almost hit channel up support at 306572
We can buy this coin at channel up support and aim for channel up resistance at 633140
ZenCash Critical Point : Waiting For ConfirmationSince its listing on Binance ZenCash has showed a fair performance recording its lowest at 2528 sats on the platform. If a double bottom is confirmed on the 1D chart we might see a good leg up trend move with a continuation of the 3rd elliott wave rally. RSI looking good at 48. Volume need to increase some move upwards. As it is described if the candle close above that point on the intersection we will have confirmation. For now accumulate with a small amount of your portfolio And do consider to use a strict stop loss orders after accumulating and before that accumulate using risk management and partial buy orders.
Entry Zone : 300000 sats - 333000 sats
Stop Loss : 258000 sats
Possible Targets
Short Term :
T1 : 341200 sats
T2 : 363700 sats
T3 : 378300 sats
T4 : 394900 sats
T5 : 418500 sats+
Mid / Long Term
T1 : 364800 sats
T2 : 39900 sats
T3 : 433900 sats
T4 : 482000 sats
T5 : 544000 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
Stay tuned to our channels to get more updates. Don't forget to give a like if you agreed with this idea. or put your comments below if you disagree on it.
You can also follow our telegram channel for more news, TA, FA, and trading tutorials. With Regards.