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ZEN

ZEN/USDT Break out confirmed. Ready continue upward movement ?💎 Paradisers, #ZENUSDT has undoubtedly seized the market's attention. Presently, ZEN has made a successful breakthrough of a significant volume in the key supply area. This has led to ZEN entering a retesting phase in the demand area, which was formerly a supply area. While there's a possibility of ZEN returning to retest the demand area, any retracement is subject to market dynamics. 💎 However, if #ZEN manages to avoid revisiting the demand zone, it's well-positioned for continued upward momentum and could probability reach our target area. 💎 On the flip side, in the event that LSE:ZEN fails to rebound from the demand level during the retesting at $11, there's a risk of ZEN breaching the demand and descending to the lower demand area around $9. In such a scenario, it becomes critical for ZEN to stage a successful rebound from the $11 level if it intends to persevere in its upward trajectory. 💎 Should #Horizen experience a retracement to the lower demand area and fail to exhibit a rebound, it heightens the likelihood of breaching the demand area. Such an occurrence signifies a bearish turn in momentum and raises the prospect of ZEN continuing its descent, potentially revisiting the key support area.
by MyCryptoParadise
ZEN/USDT It is required break the resistance area to continue up💎 ZEN has certainly captured the market's attention with its notable rise. Recently, ZEN has achieved a breakout from the Ascending Channel pattern, surpassing the supply zone at the $8.57 mark. Currently, ZEN is experiencing consolidation within a significant resistance zone. 💎 For continued upward momentum, it's crucial for ZEN to breach this resistance zone; otherwise, it may retreat to the demand zone to gather additional strength for another upward push. A successful breakthrough at the $9.50 resistance level, with a candle close above it, would likely signal a sustained upward trend, the probability ZEN toward the projected supply zone target. 💎 Conversely, in a less favorable scenario, should ZEN return to the demand zone without demonstrating a bullish rejection or a bounce, it may indicate vulnerability at this level. A failure to hold the demand zone could lead to a re-entry into the Ascending Channel, suggesting a false breakout. This would likely initiate a bearish phase, with the potential for ZEN to regress towards the support zone.
by MyCryptoParadise
ZEN/USDT Break Alert, Bullish Momentum ?? Horizen Analysis TodayYello Paradiserzs, Bullish Momentum for #ZEN 💎 ZEN has successfully broken out of the major falling wedge pattern, indicating a bullish momentum and a potential continuation of upward movement. 💎 Examining the price action prior to the breakout, ZEN has tested the demand area thrice. This area has consistently sustained ZEN, preventing further decline and reverting it back to the key support area. This led to a period of sideways movement for several weeks, which can be interpreted as an accumulation area. Now, ZEN has successfully navigated beyond the major constraints of the falling wedge pattern. 💎 Given the breakout from the pattern, there’s a potential for ZEN to establish a new higher high, considering the key support area previously marked the bottom for ZEN. 💎 However, this scenario would be invalidated if ZEN were to close below the key support on the weekly timeframe.
by MyCryptoParadise_Nathan
$ZEN Performed Bullish peanutLSE:ZEN Performed Bullish peanut What Is a Pennant? In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis. It's important to look at the volume in a pennant—the period of consolidation should have lower volume and the breakouts should occur on higher volume. Most traders use pennants in conjunction with other forms of technical analysis that act as confirmation.
Long
by Crypto-Adda_Official
I Cannot Short This !!! situation+next targets.The ZENUSDT is in a Bullish phase by Ascending Triangle & Cup & Handle. 🌟Bullish signals are: - Bullish Cup & Handle - Dynamic Support zone - Pivot weekly - Ascending Triangle ⭐The pattern will increase the price as much as the measured price movement (AB=CD) ❗ Note if the Triangle or cup & handle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
by CobraVanguard
ZENUSDT is not doneZEN sat there and consolidated below $11.00 for quite some time and tried repeatedly to break out. Your first sign should have been on the first two false breakouts. There's a single lesson to learn here: ** Tested levels get weaker each time ** Ok, now that you've learned that lesson, you are a professional, right? Nope. The market has a way to mess with your mind. The 3rd time we broke out it was higher than the previous two false breakouts. Only this time, we came back to that 11.00 area and it held. That's what is most important. ** The level needs to hold ** Where is the target for ZEN? Well, it's probably closer to $22. The $11 level has to continue to hold. Remember, you want 1000% but the market makers only want a double and they're happy. They'll get their 1000% by taking it from you repeatedly. For now, focus on the base hits. But lets be honest with ourselves. Is 100% really just a base hit? Well, in crypto it is. Cheers!
Long
by bitdoctor
$ZEN/#BTC [#Horizen]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $ZEN / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.000696 | 0.000816 | 0.001065 and the major support zones are respectively at 0.000447 | 0.000318 | 0.000069. We may consider entering a trade at the current price zone at 0.000601 and targetting higher levels. Technical Metrics : Current price: 0.000601 24H Volume: 19.5248 Ƀ 24H Price change: 11.091% - Pivot Points - Levels : Resistance: 0.000696 | 0.000816 | 0.001065 Support: 0.000447 | 0.000318 | 0.000069 Indicators recommandation : Oscillators: SELL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth ZENBTC technical analysis on > Tradingview TA page What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here
by Crypto2AF
$ZEN/#BTC [#Horizen]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $ZEN / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.000696 | 0.000816 | 0.001065 and the major support zones are respectively at 0.000447 | 0.000318 | 0.000069. We may consider entering a trade at the current price zone at 0.000586 and targetting higher levels. Technical Metrics : Current price: 0.000586 24H Volume: 52.4015 Ƀ 24H Price change: 3.717% - Pivot Points - Levels : Resistance: 0.000696 | 0.000816 | 0.001065 Support: 0.000447 | 0.000318 | 0.000069 Indicators recommandation : Oscillators: NEUTRAL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth ZENBTC technical analysis on > Tradingview TA page What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here
by Crypto2AF