ZENUSDT.P trade ideas
ZEN / USDT Breakout soon ?ZEN / USDT
🌟 Techincal Analysis 🌟
ZEN last few days had nice pumps
And after that now is consolidating in traingle pattern
You can buy now with small stoploss (Breaking below)
Or wait for more confirmation and buy the Breakout or after retest
This is not financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹
ZEN Price ExplosionAfter breaking through the resistance with force, we now have to see if there is some meat to this pump, or whether it was just a classical pump & dump.
ZEN Definitely has the potential, so to know from a technical analysis point of view whether this pump is stable, I want to see some support at the $8 level where it previously found resistance.
The next place where I'd like to see support is around the $9 level to understand whether the new price boost for ZEN is here to stay, or just there temporarily.
ZENUSDT AnalysisAt this moment, there are 3 BUY signal present and I'm BULLISH .
Also, the risk-reward ratio is higher than 1 so if you want, you can buy right now.
If you haven't bought yet, you can buy when candles are on down trendline.
If you are holding ZEN right now, you can sell when there's a sell signal from EngineeringRobo or you can take profit at the resistance level (7.20)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.