Just another Crypto Analysis --- ZENBTCSo before I start, this is not a professional point of view or reco. This is just me trying to express my thoughts and what not about this coin.
As I continue, the indicators I use are Bollinger bands, Stoch Rsi and MACD.
Ever since ZENBTC went down last July 20, 2018, I tried to go back at this and try to see what it was doing, given that bitcoin is trying to get back up.
My stand at this is like every other amateur who uses MACDs and StochRSI's, I am very watchful for the crosses and histograms, though at ZENBTC, the MACD is not yet crossing, but it's staying at the top (A good sign for me). The factor that is convincing me that ZENBTC might have a green candle in the following days is that, it is staying above the middle of my bollinger bands, I mean, ever since the crossing of my StochRSI (which also marks the end of its red days) prices have remained above the middle. I not saying all of us should buy this, but in my own personal studying, I am considering this and wait for a validation to enter maybe tomorrow 07/27/2018.
Again, this is just my opinion, trading markets is a probability game, which means, everybody has to taste it's part in making a mistake.
Ciao. K.
ZENBTC trade ideas
ZENCASH pump soonZENCASH is showing some long term reversal signals happening right now.
there is a rounding bottom ZENBNB and a range break on ZENBTC 3.87%
to me its up so im going long on ZENBNB as i think the price action is much more predictable.
I know nothing about what ZENCASH is but the chart is saying long,
this is first alt coin prediction but i have seen these things reach all time highs over night so im getting in,
looking at half the full range being met and maybe the top getting tested.
monday might pull back to the new 200ema on 4h and then might see a real move.
ZENCASH pump soongreat pump set up on ZENCASH
printed highs to reach and a rounding bottom on the 4h chart against BNB to me is looking like a pump is coming.
in long on ZENBNB looking to see if it pumps to open price. or previous week open highs.
failure back to the bottom of the rounding bottom would be a major short, but i think this should pump to at least half of the entire range.
ZenCash-BTC in an uptrend. Find a good spot to take the ride up.ZenCash BTC
Warning: This is a high risk trade, because Zen has hardly any history, and BTC is misbehaving lateley. The risk is extra high because of these two points.
Looking at Zen, we see that it bounced earlier, and it in a strong trend upwards. I did not see it before, but we’re still on time to add during a pullback.
Here’s the plan!
We see Zen is having a strong trend up. So we need to see if we can jump into this trend.
We see that Zen has bounced when it formed a support (letter A) and then it failed to go up. Another try to hit on support was rejected ( letter B) and from then the trend started. We see it continues, as RSI is showing higher lows.
ADX is going up firmly.
MACD-H is a little bit neutral, showing the result of the consolidation after the large green bars. Time to find out entry!
How did we find our entry?
We have to get in, by zooming in on a shorter timeframe. I took the 10m chart. I found the price is hitting -1 ATR now and then, these are marked with rectangulars. While I was writing this,
the rectengular on the right was not hit, but while I was writing my post my buy was already filled. ATR channels are really helpful to place your buy orders!
The Stoploss is set somewhat below the support line.
The trade is active.
Risk Reward Ratio:
Entry level: 0.003067
profit target 1: 0.004327
Stop Loss: 0.002489
R/R ratio: 1: 2.2
ZENBTC - Cup & Handle, suppressed pricesHi folks. This is a bit late on the C&H call on the 1h, but most would agree that the BINANCE:ZENBTC price doesn't belong at these levels. I'm expecting a solid 15%+ climb in the next few days, barring BTC getting smacked down. My personal TP +25% over current price.
Yes there was a 51% attack recently - DYOR to learn its details.
Good luck, big gains to you.