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ZENBTC trade ideas

$ZEN - Zencash Daily ChartZencash has seen a good bullish run the past week and is now coming down on a correction. Looking for a buy in I'm waiting to see if we get support 425995 SATS and if so we would need to see a break of the current channel and break resistance near 455338 SATS. If this occurs may be a good time to buy in as the AC oscillator would still be positive. If support fails here, we hope for support at the 20 period moving average with all indicators following in the same direction.
Long
by UnknownUnicorn2091450
ZENCASH: BLUE FRONTIERS PARTNERSHIP - PROFIT = 31.55%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of May 2018 . Using this buy in point and selling at today's price, you would have expected to net 31.55% PROFIT!!! The increase in price may also be explained by positive developments including: April 25: Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its "conviction list" of cryptocurrencies. May 18: PaytoMat (Cryptocurrency payments solution for POS and e-commerce, offering loyalty rewards for end customers and merchants, combined with protected multi-currency wallet) adds support for ZenCash. May 19: Ledger Nano S (cryptocurrency hardware wallet) adds support for ZenCash. May 23: ZenCash releases updates to Arizen Wallet (Arizen v1.1.6). This includes updates including automatic logoff and Travis CI support to allow for faster development cycle. May 24: Binance lists ZenCash. May 24: CoinZodiac announces that ZenCash is one of the top 12 privacy coins. May 25: ZenCash and Blue-Frontiers recently signed a letter of intent to partner and explore technical opportunities where both projects can collaborate on a variety of timely social, economic, and governance issues. This also includes the construction of Offshore Societies. The positive developments above (including the Binance Exchange Listing) have caused an increase in demand have forced up prices. ***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
3
ZenCash (ZEN/BTC) in a long and complex correction From the day it hit the market ZenCash has been in a corrective triangle. I didn't count the sub waves but I am pretty sure that this is a WXYXZ correction judging by the complexity. The price spiked up today by 47% touching the area close to the 0.886 Fibonacci level but fell down quick as it came up. I believe that the price is now going to head down to the triangles support line, and bounce a few times before the correction is over on the support line as a Z wave, which would mean that the price is going to break out from the upside.
Short
by FX_Academy
ZENCASH Bear Flag 15M ZenCash was listed on Binance today which caused ZEN to explode in price and volume. This was a synthetic breakout in my opinion, and I believe that ZEN will see a drop in price soon. Here are a few reasons why I think ZEN will fall in value: 1. Bear Flag (illustrated on chart) has been broken 2. RSI has been moving in overbought area 3. Volume has decreased since breakout 4. BTC is dropping and this is one of the only coins in the top 100 that is up in value **Trade at your own risk, I am not a professional trader or financial adviser**
Short
by AidanMDang
5
Zen Cash's handle is another cup and handle. Double C&H?Every cup and handle that's materialized across the alt market the past week or so has had its own distinct nuances in its cup and handle....Zencash's handle actually appears to be another cup and handle. So it is esentially a double cup and handle. This should help it break above the rim line o it's bigger cup and handle with more authorrity than some of the other cup and handles who have poked their price actions head above their rim line and then bounced back under it. One thing I'm noticing in many of these current cup and handle patterns, is that the lowest point of their handle is approximately 1/2 the price point as their projected breakout target...meaning if you could buy in right at that point you'd have solid odds of doubling your investment on a lot of these cup and handles within a very short time. Of course this is simply a hypothetical observation and in no way shape or form meant to be taken as financial advice. You make your own choices there. So good luck and thanks for reading!
Long
by DrDovetail
Day trading ZEN Zen has been on fire the past week running from 0.0022 to 0.0037. It broke through the local, short term, trend support on the 1 hr, So it is a sell. I am expecting a retrace to at least the support for this whole move - lower red line. It has bounced here several times, but the CMF has bearish divergence over this whole move on the 4hr chart, so it could break lower this time. RSI's on 4hr and 1 day are high too. I am buying at the support of the movement, and setting a SL if it breaks there. Simple trend trade. This is not financial advice. I am not your financial adviser. Trade at your own risk.
by Nevermorejk
1
ZENCASH prognosisThis is my personal view of ZENCASH. I don't want to promote it nor influence anybody to buy this asset, it's just my personal view. Although we're in a BTC bearish situation COINBASE:BTCUSD , ZENCASH seems to perform pretty well with a solid tech and dedicated team following important updates. I believe that we'll be testing the next 37k-39k fibo resistance in not more than a week at this pace. If broken, We're looking at a long term view of, at least, 50k Sats in 2 months (red fibo area). This might be of course influenced by a possible bull run of BTC, which was not yet envisaged but might happen in Q2. There are no personal interests linked to this amateur analysis.
Long
by GonzlesEs