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ZENBTC trade ideas

Watch Support and Resistance LevelsGot rejected at the 200 Day, clear as day (No pun intended). Big sell off last few days, but could be a result of top coins rally. Will have to see if current support stays, with next level of support at 136540. RSI is oversold, which is a good sign, and could be running out steam on selling here. If we can hold support for a few days at current level, could retest the 200 Day again. Watching this one closely.. **This is not trading advice!** Happy Trading!
by ItsAtrap
ZEN-BTC Long Trade PlanCommodity : HORIZEN Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-4 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 4% to 15% Prospective Loss : 2.5% RRR : SL to TP1 is 1.6, SL to TP2 is 3 , SL to TP3 is 4.3 and SL to TP4 is 5.9 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist
Horizen (ZENBTC) Breaks Above EMA10 (Long Term)Horizen (ZENBTC) is now breaking above EMA10 on the weekly time frame, which is a very strong bullish signal. Take a look at the chart here: On this same chart, you can see the RSI coming out of oversold and the MACD curving up strong. Perhaps you want to hit like now and we can continue with the daily time frame. Horizen (ZENBTC) Daily Time Frame: You can use shorter time frames you can confirm signals from longer ones. On the main chart above, you can see now that ZENBTC is trading above EMA10 and EMA50, with the next target being EMA100 (blue line). The EMAs are having a bullish crossover and the RSI is at its highest since ZENBTC was added to Binance. The MACD is only now entering the bullish zone, telling us that there is still plenty of room left available for growth. Thanks a lot for reading. Feel free to hit like if you enjoyed this post. Namaste.
by AlanSantana
2
ZEN - 196%+ Potential Profits! [FREE TRADING SIGNAL]Pair: ZEN/BTC Exchange: Binance Trade Duration: Medium Risk: Moderate 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. Technical Analysis - Descending Triangle - Bullish Divergence - Volume Spikes - Oversold - SQZ Signalling End Of Bearish Momentum Our Entry Zone 0.001080 - 0.001200 Our Targets 1: 0.001400 2: 0.001800 3: 0.002400 4: 0.003200 Our Stop Loss: 0.000990 Don't forget to hit that like button and give us a follow , we really appreciate it! Comment your thoughts below. And most importantly, enjoy your day! Crypto Eye Team ------------------------------------------ DISCLAIMER: This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more. Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
by Axsonex
ZEN Long Idea - Put your pennies in the wishing wellJust a Trading Idea, throw a few cents in, see what happens. 12Hr The signs are positive - Bullish TK Cross alread - Bullish Kumo Twist inbound - Chikou Span above price - Need to bust through the cloud in order for ZEN to spread its wings 3Hr - Above the cloud - Green skies ahead - Chikou above price - Bullish TK in bound This has all the ear marks of Bullish play/continuation as far as the Ichimoku is concerned. A whale could destroy the books really easily, so I am just playing this for fun, no major commitments here.
Long
by Seraphic
ZENBTC Looking Ready for a Breakout, Bear Div is Worrying.12hour Price above all lines and cloud. Green Cloud ahead of price, giving us a 100% bullish setup. 3hour Price is above all lines and cloud. Green Cloud ahead of price, but the Tenkan is below the baseline, almost a 100% bullish setup. 1D Support Levels at 1194 1123 Resistance Levels at 1494 1576 three significant levels around price currently that are swapping between support and resistance acting as a battleground for buyer and sellers. 1D Volume Profile Value Area High at 1484 Value Area Low 1159 Price is pulling away from POC at 1274 looking bullish Possible Bear div on 12hour, keep an eye out for that.
Long
by DejaBrew