BINANCE: ZENBTC -Horizen tested the previous swing low at 5560 sat range -We saw a good bounce but currently faces rejection by the trendline resistance -If ZEN will pullback, it will likely to retest the recent low and form a double bottom -A double bottom reversal will only confirm if the trendline resistance is broken up -This will take a few days so please...
Hello everyone today i'm going analysis ZEN-USDT A)We have storng support level 9.3$,if we look February month in 2020 we in same level and price push 13.8$. B)Price also retracement 11.7$ level, and pullback to 9.3$, this is strong support level now. C)We also have diagonal support level and now price touched diagonal support and then i think price growing upward...
This will be a nice breakout in the next days/weeks It's a very nice project!!! Buy 8.500 - 7.700 TP1: 12.000 TP2: 14.000 TP 3 17.000 TP4: 20.000 No SL It's a very nice trade...If you want to hold it as investment it will be a nice profit in next months
The candles are downtrend, so if you have ZEN, you should sell it. Then, you should buy it again at the support line(dashed line). When the candles pass the resistance line(10.921) you will buy it again and wait for the good benefit:)
ZEN/BTC -Horizen is currently trying to retest the recent top at 10k sat -It is crucial to buy at current market price -Because we don't know if ZEN can break this resistance area -I recommend waiting for the breakout confirmation -That will give us a strong bias that the uptrend is valid -You can either enter on breakout or retest (pullback) -Upside scenario is...
ZEN/BTC -looking at the weekly chart -this may be forming a bullish Inverse H&S pattern -the confirmation of this pattern is the break of neckline resistance -if this reversal setup will play out -most likely aggressive long term buyers are already scaling in the RS -while breakout traders are awaiting the neckline break confirmation -well, this is a long shot...
ZEN/BTC Swing long ZEN/BTC Long-Term Bullish Reversal Trend Formation Goog Luck :)
ZEN/BTC -strong push up after breaking the yellow box resist -we need to pullback to confirm old resist turn new support -key areas to watch is between 6900-6500 -if we see rejection at this area of support -it is likely we will see another leg up to test the next high -target potential upside is 9650s
After forming successful BAT pattern the price action has taken bullish divergence more than 10% the priceline of world's 66th ranked cryptocurrency Insolar Horizen (ZEN) has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on...
ZEN/BTC ZEN is still following the upward trend-line of resistance from the Low 4000 sats area. The price is trading above 200 Day MA for more than 30 days already signaling us that this coin is stronger against the bears during the BTC Dominance breakout recently. If ZEN can keep this level for a couple of days, I would expect another leg up to restest the...
ZEN/BTC Despite recent BTC Alts dump, ZEN manages to break bullish after trading above the 200 Day MA for a couple of days. New Higher Low support is now built plus the 200 MA will act as immediate support in case of a deep pullback. The overall market structure is bullish right now.
Trading Signal - BUY My buy price - 1121 My (Trailing) Profit Take - 1200** My (Trailing) Stop Loss - 1100 **Trades are valid for about 8-12x the Timeframe (e.x 30min = 4-6 hours valid) after that, anything can happen. For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI! This is made possible by ...
Zen obviously wants to break higher. I am observing it quite a few weeks and allways when we get to 13.xx levels, there comes a pump up. The last one was huge (some partnership announced), so I didn´t think we´ll be able to get back here again. Well, we did. It needed to test the accumulation zone with POC included. So I can see two possibilities here : 1- We´ll...
Zen is on a huge support and confirming his strength. It´s a great buy right now, but if you like to lower the risk, you can wait for the potentially lower price of 15,5 USD. That seems like the best buy level. We should test the resistance line of the descending triangle around 26 USD, that is 67% gain from a recent price. On the other hand, 13,8 needs to be...