Update on $ZEN, R/S Flip happened on the 0.0015sats levelUpdate on $ZEN, R/S Flip happened on the 0.0015sats level (now support)
UCTS Buy signal on the 12H active since April 22 (20%+ up)
Current price testing .0017sats resistance
Volume increasing
RSI entering overbought levels
Make sure to update SL/ Lock profits
#ZEN
ZENBTC trade ideas
$ZEN Testing ~1500sats support zone for the first time....$ZEN Testing ~1500sats support zone for the first time after breakout... Could be a good entry for a long position if current level hodls...
UCTS Buy signal on the 6H
Crossing over EMA50/100
Starting to cross over Ichi Cloud
Volume low for now...
targets on chart
#ZEN
ZEN/BTC will complete H&S model?ZEN / BTC is forming H&S model, if the price exceeds the neckline, ZEN will continue to increase
Huge Buying Volume is a positive signal for ZEN
Buy zone: below 0.001690
Target 1: 0.001950
Target 2: 0.002340
Stoploss: 0.001590
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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!
EMA200 target reached after Inverse H&SUpdate on $ZEN $Horizen, Since our tweet about the Inverse H&S this asset just went up but with low volume.
Rejected at EMA100, today spike in volume pushed it up to EMA200 (Around 40% from entry).
Overall looks good, both RSI & MACD.
I think we can try a higher target for now #ZEN
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)
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.
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
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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.
ZEN breaking Inverse H&S + descending channel.Inverse H&S breaking on $Zen,also breaking from the descending channel in play since July 2018.
For now volume looks weak. RSI & MACD both rising.
Currently hodling above EMA50.
Remember this are ATL zones, so set stop losses.
Breaking above ~1457 could be a trigger
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.
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.