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ZENBTC trade ideas

Horizen Might Go Massive | Easy 55%+ Short-TermHorizen (ZENBTC) is looking pretty good and has been consolidating up... This is a very strong single. We can see ZENBTC slowly and steadily growing, this is a sign of strength, the next move can be strong. The MACD is on the bullish side and also looking pretty good. The RSI is strong. The indicators are good and the chart, in general, looks great. This one can easily move higher anytime. Previous article: This is not financial advice. Namaste.
Long
by AlanSantana
1
ZENBTC - DAILY CHARTHi, today we are going to talk about ZENBTC and its current landscape. We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above. Want to know more about our trades and ideas? Join the Traders Heaven today. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, and see more of our work, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice
by Igor-Silva
1
ZENBTC Bullish Long-Term ZEN/BTC Another coin from the series of LongTerm predictions that I have included in my #HODL portfolio. ZEN is in growing channels, where it gradually creates Higher low. He is currently preparing for another up movement between 8700sats and 9000sats. As one of the few coins, ZEN in the current situation handles very well the price fluctuations of Bitcoin. The ideal re-buy zone is at 6300sats - 6000sats, but when I see how they don't want to let it down, I start to buy it slowly from 6800sats and below. StopLoss in this LongTerm prediction do not solve, because it will be addressed from the perspective of IndraDay trading. For the targets I identified the strongest resistance and Fib. projection 1.618, 2.618, first impulse motion up.
Long
by Tradify_Labs
ZEN about to shoot higher?Disclaimer: I am not a professional trader and this is not financial advice, just an idea of what I see. Crypto has a high risk/high reward ratio and moves faster than traditional markets. Only bet what you can afford to lose. I initially made a 24% gain on ZEN after entering on the 25.10.19. I saw ZEN hitting the daily 50 MA for a third time, along with a nice consolidation period. It kept holding the lower support (green rectangle) which gave it a relatively high probability of a move higher. I wasn't too sure it would hold the middle resistance level as a lot of battling happened over the course of several weeks and sold @ 0.005150 satoshis. Shoulda, woulda, coulda: I should have kept my position open and move my stop higher, but better safe than sorry. It ended up shooting through the middle resistance closing above it on the 7th of November. I waited for it to retest that new high, which it did on the 13th and opened a new position. We are now clearly forming a very nice cup, no handle yet. One of two things is likely to happen: 1 : ZEN finishes its cup formation as drawn in magenta, which would get the price to hit the 200 daily MA. We'll likely see some battle take place in that area. Look for the handle to form before we shoot up. 2 : ZEN trades sideways as drawn in green in its uptrend channel, creating a larger cup. How I would trade this: Wait to see what ZEN does. If it shoots up through there big red rectangle, we're likely going to hit some resistance, finishing the cup formation. At this point, we should see a consolidation period in the 70000 to 73000 satoshis as a new support level will form and you could open a position. If it gets back down, look if it holds the lower end of the trend line in the 58000 to 61000 satoshi and open a position there. Set your stops accordingly a tad below support.
by h311m4n
ZEN/BTC - Clearing the Bottom?Very little overhead pressure (small pink maybe) until about 7900 sats and that's 44%, also supported by the IchCloud. Next resistance is 100% (higher pink). ZEN broke and held the 100MA (blue MA), and a steady gradual growth, coming off a potential "bottom" cleanly with no square up's below. Lots of marketing and interviews being pushed. Easy place to hide a SL under at 11-12% under the 50MA (yellow) but even 10% puts you just under every wick since Oct 29th. Need some Vol to help support but great R:R from here.
Long
by Trade-X-Academy
3