ZEN will continue to go up after the PullbackZEN will continue to go up after the Pullback.
🔵Entry Zone 10.34 - 10.89
🔴SL 9.39
🟢TP1 11.33
🟢TP2 12.98
🟢TP3 14.29
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Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ZENUSDT trade ideas
ZEN/USDT - Zen Magic is waiting to happen | +340% Profit Scope🫰#ZEN/USDT - Description
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+ ZEN just bounced back from the support
+ Now its just close to the resistance range around 8.6, this area is critical for the prize
+ Breakout from this resistance is critical for the next leg of the run.
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VectorAlgo Trade Details
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Entry Price: 8.76
Stop Loss: 7.49
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Targets 1: 9.18
Targets 2: 9.62
Targets 3: 10.38
Targets 4: 11.76
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Is ZEN likely to rise ?According to the failure of the RSI trend line, we expect that Horizon will have a strong upward trend, which is created more than anything due to the volume growth.
The final goal can be the high static resistance line, although there is a possibility of correction down to 9.5 before growth.
This view is strengthened when we see that it has been rejected many times at the level of 6.7.
We consider the green arrows, the first time, and the red arrow, the second time, which form a double bottom.
I hope it was useful & Thanks a lot .
ZEN/USDT Keep an eye on the demand area or strong support!!💎 ZEN has recently undergone significant market dynamics. Currently, ZEN is showing signs of weakness as it loses support along the trendline, indicating a potential downward movement toward the demand area around 6.3.
💎 Upon reaching the demand area, there may be a substantial bounce for ZEN, potentially leading to an upward breakout from the descending channel pattern. If ZEN successfully breaks out of this pattern, its probability could pave the way for a retest of the Bearish OB area.
💎 However, if ZEN fails to bounce upon reaching the support area and instead consolidates, there is a possibility of a breakdown below the demand level. In such a scenario, the price would likely continue its downward trajectory towards the next significant support area.
💎 The strong support area holds critical importance for ZEN, especially as it represents a bottom support level on the Binance exchange. Historically, significant bounces have been observed in this zone. Therefore, if ZEN manages to reclaim the area above the demand, it could signal a resurgence in upward movement.
ZEN/USDT-2H-BINANCEThis 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 a comment, i will try to answer to everybody...
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ZEN ANALYSIS (15 min time frame)🔮 #ZEN Analysis 💰💰
🌟🚀 #ZEN is trading in a "Descending Triangle Pattern". If #BTC shows bullish movement here then we will see a bullish price movement in #ZEN. Also the breakout of descending triangle leads to a huge move. 🚀🚀
🔖 Current Price: $8.31
⏳️ Target Price: $8.70
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #ZEN. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ZEN #Cryptocurrency #DYOR
ZEN / ZENUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ZENUSDT.4HBased on the provided market data, ZEN is currently trading at $9.66 against USDT. The Relative Strength Index (RSI) on the 4-hour, 1-day, and 7-day charts are 35.60, 44.15, and 53.78 respectively. The RSI values below 50 suggest that ZEN is currently in a bearish phase across all three timeframes.
The Moving Average Convergence Divergence (MACD) for the 4-hour chart is -0.31, suggesting a bearish momentum. However, the MACD values for the 1-day and 7-day charts are positive, indicating bullish momentum on the longer-term charts.
The Bollinger Bands (Bb) for the 4-hour, 1-day, and 7-day charts are 11.7, 12.11, and 12.30 respectively, suggesting a relatively stable volatility.
The support levels on the 4-hour chart are at $8.61, $8.03, and $7.65 while the resistance levels are at $11.13, $11.88, and $13.39. On the 1-day chart, the support levels are at $8.61, $7.35, and $6.62 while the resistance levels are at $11.88, $13.46, and $16.85. On the 7-day chart, the support levels are at $8.89, $6.30, and $5.38 while the resistance levels are at $13.24, $15.84, and $22.17.
In conclusion, ZEN is currently showing bearish signals in the short-term but bullish signals in the longer-term. Investors should monitor the market closely for any changes in the trend. Always remember to consider other factors and conduct a thorough analysis before making investment decisions.
Buy ZEN on the bottom, it will flyFirst of all we have bullish CH and BOS on daily and weekly time.
In the upper areas, there is a lot of liquidity pool that candles have a great desire to sweep.
After a BOS, price is pulling back to lower areas to collect buy orders.
buy zone and targets have been specified.
Closing a weekly candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ZEN#ZEN
The coin has been 406 days in accumulation zone
All this time #ZEN couldn’t break above 12.961$ price level, so I am taking it as a strong resistance to break
If the coin manages to break above 12.961$ and close above it with W body candle, in this case expect that the coin will pump till 20.157$ which will be another resistance to break.
All targets that you can see on the chart are strong resistance levels and for #ZEN to reach previous ATH levels - it should break above 54.96$ price level in this case the coin will go higher
⚡️ZENUSDT CMC TRADING ⚡️ ENTRY MODELWe've pinpointed an entry point using the continuation model, which has been set in motion on the Former Value Gap (FVG) coinciding with the Order Block (OB) established within the 15-minute timeframe. Our expectation is for a bullish reversal to sustain the upward momentum, drawing insights from the identified major order flow.