A different view - Horizen AnalysisThere was pretty much only bullish "Ideas" here, thought I would share mine for a different perspective on things.
I personaly bought right before this bullrun, at 9.3 two weeks ago, and today at 10. Long term Horizen Hodler, but with a more realistic view of things.
Hope the "idea" helps you decide what you want to do next, personally I belive a bull market is in the makings this time around, and that the chances for a zen down trend would be temporary at worst.
Don't take this as Financial advice, only for perspective, do your own due diligence before making any choices in life.
ZENUSDT trade ideas
ZEN hit my TP1 and heading for next !!ZEN / USDT
Zen is mooning after breakout of trendline resistance
You can check Original signal here :👇
My members bought it early yesterday
(average buy 10.8$ )
Price hit my first target : 11.4$ -- And almost hit second target 12.3 (reached 12.27$) giving us 13.61% profit 🔥 until now
price still in momentum and still looks heading for next targets
Good luck 🤞 👍
ZENUSDT | Completing Gartley moveOn small time period one hour chart, the price action of Horizen (ZEN) has formed the final leg of Gartley pattern and entered in potential reversal zone. There is also 50 simple moving average support in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to Gartley pattern should be:
Potential reversal or buying zone: $ 10.67 to $ 8.25
Fibonacci projection or sell zone: $ 12.58 to $ 17.18
Stop Loss:
The potential reversal zone area that is up to 8.25 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 108 % and as per the above-mentioned stop loss, the loss possibility is 23%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZEN / USDT Breakout soon ?ZEN / USDT
🌟 Techincal Analysis 🌟
ZEN last few days had nice pumps
And after that now is consolidating in traingle pattern
You can buy now with small stoploss (Breaking below)
Or wait for more confirmation and buy the Breakout or after retest
This is not financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹