ZEN
ZencashIf you divide the chart in the middle you will see zencash created a support and resistance line. Inside there we also see a cup&handle formation that broke out perfectly. Now it seems like it has created a new support and resistance level, instead of a cup&handle we see an abcde correction inside. If the price hits close to E I will take up a major position for the next breakout.
Disclamer: I currently hold no zencash, and this is simply my opinion.
Low Risk ZENCASH buy in. Week long ascending triangle.With BTC bull slowing down this week a lot of alts are showing possible buy signs.
That said I like this one more than most. Week long ascending Triangle.
If you want to wait for confirmed breakout fair enough.
Target one has been set below whole number 250,000 sats. This is just below the next fib level and just under 21, 50 day SMA's etc.
See graph for recommended stops at approx 179,000.
Privacy coins in general are strong performers and Zen is solid within that space.
ZEN 15M Timeframe Chart 15 December 2017Zencash, one of the Palm Beach coins!
It's in bouncing zone again. Retraced big time and did make a nice bounce on the 170K support already. Expecting to do that pretty soon again, so we can make a quick trade.
If it doesn't bounce, we'll be using a stop/loss below this level and buy back on a lower support level, which seems to be around the 160K zone (or just hold).
ZEN analysis by @Tiigz Zen looks ready to making his move have W bottom and almost done with his last Arm of double bottom and looks Ascending triangle.
free to join at current price 0.00315
Targets
0.00397228 28%
0.00587228 90%
Stop limit
0.00251049
Risk/Reward
18% / 90%
capital management is recommended
we ask Allah reconcile and repay
Your feedback is very importnat and we appreciated it
ZENBTC 4 HOUR TIME FRAME BULLISH CHANNELZENBTC 4 HOUR TIME FRAME BULLISH CHANNEL. Los Angeles 12:35PM.
Channel Strategy:
Buy and sell inside the channel trend lines. Buy on the 2nd bounce off support and sell at the 2nd resistance and repeat. If price action breaks the trend line use stop loss.
What to look for:
RSI remains above 50+.
Price action found support on Kijun Sen.
Price action is above the kumo.
Chikou Span remains above Kijun Sen.
Good momentum for *ZEN^There are News coming up today October 25, 5:00 PM GMT. The Secure nodes are on Beta (Testnet) at the moment, will we switch Secure nodes to mainnet soon? We will know more in 1 hour. The Developers are also working on a new Website and a new Wallet with some unique features. You can watch the Update Live here www.youtube.com #Zen