ZENUSDT trade ideas
ZENUSDT is testing the upper trendline 🦐ZENUSDT is testing the upper trendline. If the price is going to satisfy all our rules, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ZENUSDTPERP Trade 1Hi!
This is my first time trading ZEN/USDT.
coinmarketcap.com
Entry: 62.242
Exit: Sign of Rejection at 77.318 or candle close
EMA50 is holding and in daily time frame it is a support area and confluence with 0.618 reverse fib. Also it created a higher lower which gave us a better risk reward ratio.
ZENUSDT up to 82$i see in zen both a triangle pattern and a head and shoulder pattern ; the downtrend line is also broken
ZENUSDT Good BUY!ZENUSDT Technical analysis Update
ZEN/USDT currently trading at $62.00
Resistance Zone Breakout
Buy level: Above $61.50 - $62.20
Stop loss: $59.00
TP1: $65.00
TP2: $68.50
TP3: $71.50
TP4: $75.00
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
zenusdt zen usdt has formed a symetrical tringle. below is support of 200MA and 13 and 21 ema .looks good
NF .DYOR
Horizen (ZEN) formed bullish BAT for a good long opportunityHi dear friends, hope you are well and welcome to the new update on Horizen ( ZEN ) coin.
Previously we had a nice trade of ZEN coin.
On a 4-hourly chart, the price line of ZEN has formed bullish BAT.
ZEN USDTZen is a short to me honestly
I think it'll go down to MA200
Close 30% of position at 54.24$, 40$ at 53.55$ and move stop loss to entry for the other 30% with the take profit 52.87
ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update
ZENUSDT currently trading at 53.75
Wedge Pattern Formation.
You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move.
Buy level : $50.00- $55.00
Stop loss: 39.00
TP1: $72.00
TP2: $85.00
TP3: $115.00
TP4: $160.00
TP5: $200.00
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.
ZEN/USDTLooks good on daily time frame , would like to see a clear breakout before aping in .
Target on Chart.
🆓Horizen (ZEN) June-28 #ZEN $ZENZEN is accumulating at the $60 zone and will head towards the $80 and $100 zone in July. However, if in the next few days, ZEN loses the $60 zone, it will have a sharp decline towards the 40$ zone and this is a very good area to buy in
📈BUY
🔴Buy : 58.5-61.5$. SL if B
📉SELL
🔴Sell : 78-82$. SL if A
🔴Sell : 97.5-102.5$. SL if A
♻️BACK-UP
🔵Sell : 58.5-61.5$ if B. SL if A
🔵Buy : 39-41$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ZEN HEAD AND SHOULDERSLike to support and follow for more content!
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We are forming a head and shoulders pattern, if we break below the support, we will go to our targets:
79.6
76.7
Support: 82
Resistance: 84
However, if we bounce from here we will go to 84 at least.
Watch BTC on the side
link below
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What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
ZENUSDT UPDATESince my previous analysis on ZEN market provided us a valid entry on the 1hr timeframe, price broke to the upside with little drawdown currently running +120% profit using 10x leverage, well done to those of you that managed to capitalise on my previous analysis. We are holding this trade risk free after securing partial profits. We should see our final target achieved soon.
ZENUSDT - SETUPOn Zen we have a bearish daily impulse to the downside and oversold conditions on the 4hr timeframe, on the daily we also have this nice M formation. After a M formation we expect to see the market make a correction and complete the pattern at the neckline which is previous support turned resistance. We will be waiting on the 1hr timeframe for market to meet our entry rules for this harmonic strategy before possibly looking to catch this corrective intraday long position.
