ZEN / USDTAs you can see in the chart we could not break the resistance, just keep eye to the line that i draw you and take advantage of every movement
I draw you what will be our next target if we break the resistance of even the red line
This is not financial advice it's just my personal opinion
GOOD LUCK GUYS
I'M A DAY TRADER SO ALL MY ANALYSIS ARE GOOD FOR SHORT TERM DO NOT USE THEM FOR LONG TERM OR HOLDING
DO NOT FORGET TO USE STOP LOSS
ZENUSDT trade ideas
ZEN/USDT QUICK 12hr ANALYSIS.Welcome to this quick ZEN/USDT 12hour update analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello Members, welcome to our ZEN/USDT quick update,
ZEN/USDT broke the upper trend line and retested already but in the current scenario, it's moving toward the upper trend line to retest again.
So it's another chance to take a position for the long term on the spot or low leverage.
The entry zone in this setup will be the yellow zone and stop loss will be the lower red line.
if BTC moves in the right way then I am expecting we will be able to see a 130% potential rally.
Don't forget to use stop loss in every trade for safe trading.
Entry:-$32.90,$38
Target:-$45,$51,$60,$72,$83,$94,$112,$131
Stoploss:-$26
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of ZEN in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
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Thank you...
Short ZEN Potential Bearish tradeToday we have another good opportunity risk reward short entry, for this bearish market.
In this case I am looking at some anomalies(big pumps without a reason inside a bear market) and short them when I believe they are close to top/ATH
Key points:
Type of entry : Short
Take profit level 1 : 37.5
Take profit level 2: 35
Stops loss : 44
High sell volume + O.I dropThe idea is the same as previous trades. We look for high volume with open interest divergence. ZEN has rallied with a decent volume, but O.I is not up to the mark. This suggests the recent rally was mostly short covering.
If we manage to close above 42.8 I'd close my short/ if the O.I catches up. Take profit is at 0.6 retracement of the current range.
🆓Horizen (ZEN) Mar-10 #ZEN $ZEN
The current buying power of ZEN is very strong, if it doesn't fall out of the $38 zone it will continue to increase rapidly to the $50 zone. However, if it loses the $38 zone, it will fall very hard because there is no support between the $38 and the $32 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 38$ zone
🔴Buy : 38
🔴Sell : 44 - 50
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 38$ zone
🔵Sell : 38
🔵Buy : 32 - 28
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Horizen ;Zero-Knowledge (ZEN/USDT analysis)📉📈Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #129,/ kind :COIN/ Market Cap:$462,223,164===> ✅
MAX Supply: 21,000,000/// Circulating Supply: 12,122,343.75 ZEN (~ 58%) ====>GOOD ✅
🔰What Is Horizen (ZEN)?
Horizen is a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, speed, and privacy. Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS.
coinmarketcap-horizen.io
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📈📉 TECHNICAL
As you can see on the Weekly timeframe for ZEN/USDT , It is trading about $38.38 right now.
ZEN has been declining in descending channel and almost printed a similar pattern like btc at the same time , so it show the correlation between Horizen and Bitcoin was high so far , thus probably it will follow bitcoin movement in future too , the general trend is still bearish and recently touched bottom of channel and rebounded again , so now i expect a pullback if it reach to forehead resistances . so now there is a possibility of further fall to volume gap zone ,but in order to reach the TP and targets, it needs to breakout the upper trendline of channel.
🛑resistance level: $100-108 ///$52-$57/// $3.2-3.6///descending trendlines of channel
❇️support levels: (FIBO LEVELS)///$19-26 (volume gap) ///$13-15///descending trendlines of channel
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
ZENUSDT WAVE ANALYSIS (GLOBAL VISION)Hello friends.
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Everything on the chart.
Globally we're in double zigzag(wxy) wave of (IV).
Waiting for an upward movement either from the current price, or through a some update of the last low.
It all depends on btc , if btc will formed global triangle then yellow option,
if on bitcoin we get a complication to double zigzag (wxy) with updating the local minimum to the 25k region,
then ZEN goes to test the ~20$ zone and only from there it starts to grow, in any case, the goals are the same.
Entry: market and lower
targets: 60 - 120 - 180 - 240
MAIN TARGET ZONE AT THE END OF BULL RUN: 200-250$
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth,consolidation below ~10$
Risk is justified.
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
BULLISHIn the loving memory of my child Muffin I present you this chart analysis....please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
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ZEN is rising above the horizon! (Bullish Setup)Horizen is one of the mostly underrated projects in the crypto space.
Considering the ongoing ZK-snark mania, ZEN can potentially show a great performance over the coming months.
It's currently sitting on a local support zone that makes it a good area to watch for investment purposes.
Plus, the current formation of the candles show great potential for a bullish rebound. Possible targets are marked on the chart.
Cheers!
ZEN (Horizen) Coin Analysis 15/03/2021Fundamentals:
Horizen is an interoperable blockchain system, supported by a decentralized node infrastructure. Its sidechain platform focuses on scalable data privacy, and as such enables businesses as well as developers to build private or public blockchains using the unique sidechain technology known as Zendoo.
Horizen launched in May of 2017 and strives to ensure data integrity and privacy through enabling real-world use cases. Horizen claims to be completely decentralized, fully customizable with privacy features and supports low costs associated with building blockchains with configurable revenue models and unlimited number of tokens and digital assets.
Horizen uses a sidechain architecture that can open up a myriad of potential real-world use cases. This cross-chain transfer protocol allows for decentralized sidechains. These are separate blockchains that are pegged to the parent blockchain that can run simultaneously.
Horizen has a mission of empowering people and bringing them closer together through the process of building an inclusive ecosystem where everyone can be rewarded for their contribution. Zendoo is the decentralized and customizable sidechain solution used to overcome current limitations regarding scalability and extensibility in blockchain. It is a parallel platform with enhanced features that enables the deployment of public or private blockchains at scale, and the SDK provides the components required to build a decentralized blockchain.
ZEN is the native cryptocurrency for the Horizen ecosystem.
The founders of Horizen are Robert Viglione and Rolf Versluis.
Robert Viglione is the co-founder and CEO of Horizen Labs, as well as the co-founder and president of the Zen Blockchain Foundation. He is a PhD Candidate of Finance in the University of South Carolina and worked as an operations research analyst at Lanmark Technology. He also worked as an advanced analyst at Tecolote Research and as a project manager at the United States Air Force.
Rolf Versluis is the co-founder and executive advisor of Zen Blockchain Foundation. He is an experienced business owner in the IT industry and owns a mid-size mining operation. In the past Rolf worked at Cisco systems, the semiconductor industry, and as a nuclear trained officer in the US Submarine force.
Jane Lippencott was a member of founding team and co-author of the original whitepaper. She is now an associate at Winklevoss Capital. She is also a 2021 VC Cohort at All Rise, as well as an advisor at Teller Finance. Jane is also a mentor at the Open Web Collective as well as a mentor at Celo and Katapult Accelerator. She is a contributor at Nakamoto.com. She worked as a mentor at Blockchain for Social Impact Coalition (BSIC), a mentor at dLab and a mentor at Ethereum Classic Labs, an advisor at Unbounded Capital, a mentor at Techstars, and was a member of the Board at Cord.
Technical Analysis:
as we can see the coin has done its Accumulation phases and now it is on its UP MOVE,
we are Longing it on its recent retracement and price correction where it can be presumed as another Reaccumulation phase
we are defining 3 targets where as the 3 targets gets Confirm as the price triggers the 2 Target followed by some distribution and price correction.
ZENUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 110 - 130 - 150
after first target reached move ur stop to breakeven
stop: ~under 67 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.