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ZENUSD

ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update ZENUSDT currently trading at 53.75 Wedge Pattern Formation. You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move. Buy level : $50.00- $55.00 Stop loss: 39.00 TP1: $72.00 TP2: $85.00 TP3: $115.00 TP4: $160.00 TP5: $200.00 Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.
Long
by HexaTrades
1
Horizen (ZEN) - July 27Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ZECUSD 1W Chart) If the price holds above the 37.8826710 point, it is expected that the uptrend will continue. (1D chart) If the price is maintained in the range of 51.9057483-75.5574533, it is expected to turn into an uptrend. If it goes down, you should check to see if it finds support at the 37.8826710-51.9057483 zone. If it declines from the 37.8826710 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously. In the CCI-RC indicator, it remains to be seen if the CCI line moves above the EMA line and can continue the uptrend. ------------------------------------- (ZENBTC 1W chart) If the price is maintained above the 128050 Satoshi-144420 Satoshi range, it is expected that the upward trend will continue. (1D chart) If the price is maintained in the 142590 Satoshi-194880 Satoshi section, it is expected to turn into an uptrend. If it goes down, you should see support in the 116440 satoshi-142590 satoshi range. If it falls from the 116440 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:ZENUSD
by readCrypto
Horizen (ZEN) - July 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ZENUSD 1W Chart) If the price holds above the 37.8826710 point, it is expected that the uptrend will continue. In particular, if it rises above the 67.0667780 point, it is expected to create a new wave. (1D chart) If the price is maintained in the 65.3328249-85.5763204 range, it is expected to turn into an uptrend. If it goes down, you should check to see if it finds support at the 34.9675823-45.0893294 zone. A move above the 85.5763204-95.6980675 section is expected to accelerate the uptrend. ------------------------------------- (ZENBTC 1W chart) If the price holds above the 0.0014442 point, it is expected that the uptrend will continue. In particular, if it rises above the 0.0021190 point, it is expected to create a new wave. (1D chart) If the price holds in the range of 0.0019488-0.0024717, it is expected to turn into an uptrend. If it goes down, you should check to see if it finds support at the 0.0017323 point. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Abbreviations shown in charts R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:ZENUSD
by readCrypto
Horizen (ZEN) - May 30Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ZENUSD 1W Chart) (1D chart) We should see support at the 116.6806795 point and see if we can move higher. If it goes down, you should check to see if it finds support at the 109.9102165 point. If it falls from the 109.9102165 point, a short-term Stop Loss is required. If it falls in the 85.5763204-95.6980675 section, Stop Loss is required to preserve profit and loss. However, it may follow an uptrend line, so careful trading is required. ------------------------------------- (ZENBTC 1W chart) (1D chart) We'll have to wait and see if we can get support from the 35013 Satoshi branch. If it goes down, you should see support in the 29811 Satoshi-31545 Satoshi section. -------------------------------------- We recommend that you trade with your average unit price. This is because if the price is below your average unit price whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the funds that are ultimately profit can be regenerated. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:ZENUSD
by readCrypto
ZEN getting out of its accumulation zoneAnything backed by Grayscale is worth paying attention to, and ZEN is one of those projects. One of the biggest ones in terms of privacy and with big backers. Potentially it could be listed on Coinbase and I will also present those coming next on Coinbase based on my opinion. The ZENBTC charts looks a bit like ADABTC before the key breakout (on lower timeframes), while the ZENUSD chart broke its ATH, retested and now making a new one. Looking very strong on both pairs and both look special compared to other charts (quite different). In this thread I have all the alts I think would be listed on Coinbase. The only ones I missed where BNT, 1INCH and SUSHI, but I think more of the ones on the list are coming. Definitely worth talking about some of them. twitter.com
Long
by BitcoinMacro
#ZEN - Breaking Out - LONG4 Hour Time Frame Analysis - Entry - Current Price $120.53 Exit - $133 Stop Loss - $115.18 Leverage - 10 x Risk to Reward - 3 to 1 After Breaking out of a big bull flag, Zen Has had further consolidation and formed a bullish falling wedge, which it has now broken out of and found support. Zen is ready to start moving up again and I am long. Nice 4 hour pin right on support on the break out as well, adding further confluence to the trade. Best of luck and let me know your thoughts!
Long
by Moonseekers
2
ZEN Trying To Sustain Above EMA-50, May Give Pullback Upto $140Horizen price traded at $118 with a loss of 9.55% in the last 24-hour and 2.02% down in the weekly time frame. Furthermore, Horizen price bounced from the support of $100. In contrast, the market capitalization stands at $1.31 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above the 55-EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $140 in future trading sessions. Resistance: $140 Support: $100
BINANCE:ZENUSDLong
by tcr_thecoinrepublic