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 trade ideas
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.
🆓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.
ZENUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break its resistance and is starting to move upwards inside the channel. We see an upward trend. If you leave the channel, the price will start moving in the same direction.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Horizen (ZEN) May-27 #ZEN $ZENZEN has being rejected from the 110$ zone, if it couldn't conquer this zone, it will have a big fall to 80$ zone or even 50$ zone in early June. But if it could conquer this 110$ zone, it will move up to 140$ zone and 170$ zone easily
📈BUY
-Buy: 78-82$ if A. SL if B
-Buy: 48-52$ if A. SL if B
📉SELL
-Sell: 107-113$ if B. SL if A
-Sell: 78-82$ if B. SL if A
♻️BACK-UP
-Buy: 107-113$ if A. SL if B
-Sell: 136-144$. SL if A
-Sell: 166-174$. SL if A
❓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