The coin has shown relatively good growth dynamics and has broken out of the descending channel with a breakthrough of the trend resistance (upper boundary).
It's better to limit risks in this case.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Horizen. Positive or negative news can...
#Zen
Zen has been trapped in a descending channel for some time now, but it is finally showing signs of breaking free. As Zen approaches the trendline, it is poised to erupt in a bullish rally of 150%.
Based on my analysis, Zen appears to have a bearish outlook. Let's observe the current situation and see what unfolds. At the moment, it seems to be Rejecting a one-hour Order Block
💎ZENUSDT is currently showcasing dynamic market movements, poised for a potential breakout from its descending channel pattern.
💎At present, #Horizen is experiencing lateral consolidation within a demand zone, which was once considered a supply area. There's a significant chance for the price to rebound from this zone and initiate an upward trend, aiming for the...
UPDATE
Broken Falling Wedge in Weekly Time frame Positively.
If holds over broken level, 100-120% increase in price may be seen
COIN DETAILS
Horizen (ZEN) Price today is $10.37, for the last 24 hours 964,463 ZEN coins were exchanged with a trading volume of $10,004,091. It's currently traded on 21 exchanges. The price is down by (-0.75%) for the last 24...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring ZENUSDT for a buying opportunity,
ZENUSDT UPDATE
Descending Channel Breakout & Retest Has Almost Completed Expecting an energetic move 📈
Here it has maximum chance we can see price around 44.00💰 in coming days ✍️
HM signal v3.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 10.087-10.330
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
LSE:ZEN
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about ZEN.
LSE:ZEN has breaked the main symmetrical triangle pattern and it has completed the retesting. Here it has maximum Chances we can see gain upto 70%+ ✍
#ZENUSDT #ZENBTC #ZENBNB #ZEN #BTC #CRYPTO
btc pair chilling above the 200 ema on the H4
had a nice candle with volume yesterday so along as we hold the 7 on the weekly
swing trade
like the rsi and obv along with the btc pair attempting to show strength
#ZEN is moving inside a Descending Channel on weekly chart. We had a volume spike last week and price has broke the weekly MA50, which is a bullish sign.
#ZEN is trying to get out of the Ichimoku cloud. In the next step we have descending line and weekly MA100. Wait for breakout and then enter to this coin.
Targets are:
$16.70 $23.70 $29.35 $35.00 $43.05 and...
Zen is strongly rejecting the fair value gap and displaying weakness, with a risk-reward ratio of 1 to 8. It is important to secure profits along the way.
Previous lows swept after bullish impulse. liquidity pool hit after retrace, with nice looking reaction on lower time frame. My take profit target is around the 13usd
![ZENUSDT: [$ZEN] I never heard of this but looks good ...](https://s3.tradingview.com/a/aRyzlXLd_mid.png "[$ZEN] I never heard of this but looks good ...")
