ZENUSDT.P trade ideas
Horizen possible wave 5Please don't copy, trade yourself.
Ideas from others are useful and I use them myself.
Comments are welcome.
Bitcoin is falling sharply and Zen is holding strong.
Possible last wave number 5
I go into this ankle long, upon confirmation.
ZENUSDT Third wave?Hello traders. After a nice move up yesterday from a double bottom, ZEN/USDT pulled back forming a corrective sub-wave 2 of the larger wave cycle 3. If my count is correct, we would enter a sub-wave 3 of the greater wave cycle 3. If correct? Some good gains could be made. Good luck!
Touch Supply Zone And Fall To Demand ZoneIf Price Retern To Demand Zone And Raise ------ Tp Is 5
If Price Brekaout Demand Zone ----- Fall And Fail Analysis
ZEN/USDT Update: 100% Target reached. Take profit and leave.Our 100% Target for ZEN was reached.
We don't have a lot of structure to go on with so we close this discussion here.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Long $zenretesting the previous high as support in an uptrend with a hidden bullish divergence in the works as well
don't wait for shark reversal, it's a bat!bat harmonic pattern:
AB=0.5 XA
BC=0.88 AB
CD=1.6 BC
or
CD=2.6 BC
ZEN/USDTLooks like ZEN patterns are being repeated over and over. The breakout should be easy, but we should keep an eye if there is any danger. I want to make the strategy Long but nothing is guaranteed, we must make sure first.
Criticism accepted.
ZENUSDT Buy signal!ZENUSDT (4H chart CHART) Technical Analysis Update
Resistance Breakout
ZEN/USDT currently trading at $68.00
Buy-level: $65.50 - 67.50 (Wait for the small retracement)
Stop loss: Below 60
Target 1: $74
Target 2: $85
Target 3: $100
Target 4: $115
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ZEN is near it's resistanceZEN is near it's resistance.in order to open buy position wait for this resistance to be broken and aiming for around the next resistance(marked in chart).
