ZENUSDT trade ideas
ZEN/USDT Found supportZEN had an amazing rally this year followed by a big pullback.
Finally ZEN found support and is setting up for another rally.
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.
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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.
🔥 ZEN Inverse Head & Shoulders PatternZEN has almost completed an inverse head & shoulders pattern, which is a strong bullish pattern. To trade this, wait for the pattern to complete. The price has to close above the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
ZEN risky scalp at low TF, sl is a mustThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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Look for retrace back to 60 before continued uptrend 120 incominNot financial advice.
"Definition of success is measured not by $ but by improving on the faults and failures of the generations before you"
Legalizedhustler
Rem has been on a slow and steady increase for awhile now.
Wonderful project can hit 120 in current cycle.
Thats not law.
Look at circled area as a repeat of that seems likely.
So 60-70 range trading.
Buy @60 stop loss 41.00
In a beautiful steady uptrend.
Support the legalizedhustler
#hustlabynature
Horizen (ZEN) • Final major resistance before next 10xWe are just meeting final structural target based on past PA.
I still see this a hold because chances this will do another 10x from where we are.
In terms of fundamentals is still strong. Backed by Grayscale, continuous development and growing community.
In terms of technicals is still strong. Volumes show steady growing interest but nothing really usual or fomo like volume signatures, major trendlines has not been broken, trading above clouds, consistently trading above weekly averages. I see no reason to sell this coin.
HORIZEN (ZEN) GREAT POTENTIALHello Traders
As you can see in the chart above, ZEN is Extremely bullish on technicals
if we see the ZEN/BTC chart, it obviously has a great potential on both USDT and BTC pairs.
On the other hand
Recently I'm more focused on fundamentals, to
this project has robust technology. It's a privacy token, too, with a cross-chain.
Recently ETH has a high gas, so all of the scalability tokens started to pump.
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What is your opinion? Comment below.
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Goodluck.
#ZEN/BTC - Potential 99.15% #NEWS
#LONG
#ZEN/BTC - Potential 99.15%
Optional Leverage: N/A
Entry - 35.77
TP1 (50%) - 39.105
TP2 (25%) - 42.114
TP3 (25%) - 45.986
SL - 31.038
- BTC - BTC PRICE Stable, BTC DOM Decrease = ALTS Increase
- Trigger: LISTING ANNOUNCEMENT
- RR - 2.16
- Trailing Buy - 3%
- Trailing Profit - 5%
- Trailing Stop-Loss - no
ZEN/USD - Watch this bearish divergence!ZEN has done very well these past few weeks. However, if you are looking to buy longer term, you need to watch out for this massive bearish divergence we have here.
RSI + MACD + Volume are all painting a very clear bearish divergence on the daily timeframe with lower highs every time we went higher in price. This shows buying interest is fading and once the momentum flips, price can quick fall down to support.
Nevertheless, ZEN can still push higher, but not by much in my opinion before sell pressure will take over and bears will have a party.
Levels on the chart. Don't FOMO. :)
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