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ZENUSDT trade ideas

#ZEN Ready to Make a Major Move From Key Support LevelYello, Paradisers! Is #Horizen (#ZEN) on the verge of a massive breakout or are we about to see a fake-out and a plunge? Let’s dive in: 💎#ZENUSDT is sitting at a crucial moment, testing the boundaries of a symmetrical triangle formation. After bouncing off the support zone of $6.94-$7.27, it’s showing signs of a breakout from this pattern. This breakout will increase the probability of a massive move toward internal resistance. 💎To confirm a move higher, #ZEN needs to clear $9.98—a critical internal resistance level. Breaking this could be the spark that ignites a rally towards the major resistance zone, potentially triggering a powerful upward push. 💎But if #ZEN starts losing momentum, watch out for a pullback to retest the support around $6.94-$7.27. A failure to hold this area would shift the outlook bearish, bringing the $6.05 demand zone into play. 💎A breakdown below $6.05 would signal the bulls are out of steam, and we could see further downside pressure. This invalidates the bullish setup, giving the bears complete control. Be patient, play it safe, and always wait for confirmed breakouts or breakdowns before jumping in. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
ZENUSDT Coin broke out of the 1 week triangle pattern▶️ ZENUSDT Coin broke out of the 1 week triangle pattern and is currently in the 12.50 range. 📌 The market is likely to decline from this point where there is a resistance at the current position and the price may come down to 9.60 - 9.80. If that happens, ✅ if the price rises again from the support line at 9.60 - 9.80, the price may rise to $39.50, and we can expect the following.. ✅🕯 🔼 Future Profit ✅TP 1 - 10.70 ✅TP 2 - 11.75 ✅TP 3 - 13.10 ✅TP 4 - 14.70 ✅TP 5 - 17.40 🔼Spot Hold ✅TP 1 - 17.40 ✅TP 2 - 30.50
Long
by Team_Eagle1
Horizen Bottom Prices & 1600% Growth PotentialHorizen (ZENUSDT) has an interesting chart, it satisfies the criterion for the pairs we look for to accumulate in preparation for the 2025 bull-market. ZENUSDT hit bottom in June 2023 and produced a long-term higher low in June 2024, one year later. The current action is happening near the level at which this pair traded back in May and July 2023, also October-September 2023 and February and recently August 2024. This is a long-term accumulation zone. The bear-market is on the left of the chart, long-term gone. Everything after June 2023 is accumulation, bullish accumulation because have higher highs and higher lows. What follows the accumulation phase is a major growth phase, the next bull-market and we see huge potential for growth. Now, there can be swings, shakeouts and sudden moves short-term. If prices drop we buy focusing on the long-term. The strategy is simple we buy and hold. Right after buying we set the sell orders on target based on the strategy of our choice. Some selling for profits strategies call for selling 50% of your stack after the pair is 200 or 300% up. Others sell 20% at one point, 20% when prices are higher and so on until everything is sold. Some hold long-term and let the market unravel before deciding where and by how much to sell. Different strategies for different people. Different strategies for diverse capitals and trading goals. It is impossible to generalize because what works for you might not work for somebody else. We take the strategy and adapt it to our own goals and needs. Truly, the most important part is to get in early because in this way it is easy to hold when shakeouts and corrections develop and it is also possible to enjoy maximum potential for profits on the way up. Total growth can go beyond what is shown on the chart. Imagine how the market would become if there is legislative support. These are conservative targets. The bullish cycle can produce 500%, 900%, 1,500% or even 3,000%... It doesn't really matter. How much we earn individually is fully dependent on how much energy we put in. How well prepared we are and how much we are ready to accept and hold. If we are mentally prepared for 10K, that's what we will get. If we are mentally prepared and ready for 10M, that's what we get. The only limit is in your mind. Results will depend on the actions you take. There is no effect without a cause. There is no cause without effect. Everything that happens is a result. If something bad happens, that's the result of bad decisions. If something good happens, that's the result of good decisions. If you don't like your environment, change whatever it is that you are doing now and your environment will eventually change. If you enjoy your life and your surroundings, keep going—keep doing what you are doing, you have my support and I love you. Namaste.
Long
by MasterAnanda
ZEN/USDT Trading ScenarioZEN has been trading within a sideways range for over 630 days, hovering near price lows around the $5.52 mark. During this period, significant volume accumulation has been observed, as confirmed by the volume profile. Additionally, a notable increase in trading volume has occurred during the formation of this range. As the accumulation phase nears its end, with the onset of altcoin season, there is potential for an upward breakout and subsequent strong price growth. In the current price zone, a buying opportunity may be considered, holding the main position until the 0.5 Fibonacci level or higher, with partial profit-taking along the way.
by Rick_SimpleSwap
ZEN has a bearish patternOn the chart, in large time frames, you can see a large QM on the chart, which can give us a good trading setup. The right shoulder of QM is also completed. In this shoulder, you can look for close supply ranges. We will look for sell/short positions in the specified supply range. The targets are marked on the chart Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
ZENUSDT → Bullish potential in the red market. Break of 10.0 ↑BINANCE:ZENUSDT demonstrates a rally and a retest of the range resistance in the form of a false breakdown, only that does not lead to a fall. The price is forming a pre-breakdown consolidation. With the breakout of 10.0, the growth may continue On H4, a reversal pattern is forming within the framework of which, while the cryptocurrency market was falling, zen was testing resistance. A false breakout and liquidity capture is formed. This maneuver does not lead to a fall, and the market goes into a state of consolidation, the nature of which resembles a pre-breakdown. There are no fundamentals, the market follows the flagships, which fall because of some problems. Bitcoin is dragging everyone down due to the sale of a large number of coins by Germany, and the debt repayment by Mt.Gox exchange, which has destabilized the situation in general. Resistance levels: 9.79-10.0 Support levels: 9.35, 8.8, 8.14 In this case, it is acceptable to use a breakout strategy against resistance at 9.79-9.87. But, if the structure will be broken, the price, in order to increase the volume before the growth may head towards the support. Regards R. Linda!
Long
by RLinda
8
Will #ZENUSDT's Bullish Reversal Hold or Collapse?Yello, Paradisers! Is #ZENUSDT about to make a bullish reversal from a key support level? Let’s dive into the analysis. 💎#ZENUSD is showing a strong probability of a bullish continuation from a significant support zone. We've observed #ZEN consistently respecting the descending resistance. Recently, it broke upward and completed a retest phase. Currently, it’s respecting internal resistance at $9.87. If it successfully breaks above this level, there’s a high probability it will take a bullish ride to mitigate the above resistance. 💎The bullish probabilities are strong due to the formation of strong engulfing candles, the breakout of a strong descending resistance, and the creation of bullish momentum at key support levels. 💎However, as astute traders, we must consider all probabilities. What if the price fails to ascend from the support at $8.61 and loses momentum? This scenario would clearly indicate that seller sentiment is in control, and #ZEN could drop significantly. 💎Stay focused, patient, and disciplined, Paradisers.The next move is crucial, and we must be prepared for both outcomes. Always remember, consistent profitability comes from strategic trading and managing risks effectively. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
4