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Horizen / TetherUS

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ZENUSDT trade ideas

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
Long
by ThinkLikeaWhaleTLAW
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.
Long
by D7R
8
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. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too. Goodluck.
Long
by Crypto_MD
10
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. :) Like and follow if you liked this idea!
Short
by DU09
6
ZENUSDT - Descending channel ANALYSIS 🔎 - ZENUSDT is printing a descending channel. - Price is testing the descending channel resistance. - The minor uptrend is supported by an ascending trendline support. POSSIBLE PRICE ACTIONS - Bullish ⬆️: breakout above the descending channel's resistance. - Bearish ⬇️: breakdown below the ascending trendline support. TARGETS 🎯 - Bullish ⬆️: horizontal resistance levels (R1, R2). - Bearish ⬇️: horizontal support level (S1), descending channel support.
by Chibuike_Odoh