Good growth ahead of ZenbtcThere is trend line which price couldn't breaking after 480 days, on other hand price couldn't break SMA200 Validly after times.
But there is good reason to be hopeful to breaking MA200 validly at this time,
we can see MACD divergence in 4h time frame.
So let me clear if price could break trend line, validly, then we hope it is start for big movement.
ZENBTC trade ideas
ZENBTC...You don't want to miss this breakout !! It's gonna skyThis will be a nice breakout in the next days/weeks
It's a very nice project!!!
Buy 8.500 - 7.700
TP1: 12.000
TP2: 14.000
TP 3 17.000
TP4: 20.000
No SL
It's a very nice trade...If you want to hold it as investment it will be a nice profit in next months
ZEN/BTC (Testing Key Resistance Top)ZEN/BTC
-Horizen is currently trying to retest the recent top at 10k sat
-It is crucial to buy at current market price
-Because we don't know if ZEN can break this resistance area
-I recommend waiting for the breakout confirmation
-That will give us a strong bias that the uptrend is valid
-You can either enter on breakout or retest (pullback)
-Upside scenario is up to 14k sat to 19k sat range
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The "W" Pattern ExplainedThis pattern is very common when looking at the altcoins trading pairs (cryptocurrency).
It looks like a "W" and works only when a higher low is present.
The "W" Pattern Explained
As prices drop and a low is hit, we get the first push up, followed by a drop that ends it in a higher low which signals that the pattern is complete.
After the second push, we get a final retrace before prices resume up.
Note: Even if you spot this pattern, you still need a plan/strategy before you trade.
You need to have a stop-loss, in case the prices drop and a target to secure/collect profits if the pattern plays.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
ZEN/BTC (Weekly IH&S Pattern?)ZEN/BTC
-looking at the weekly chart
-this may be forming a bullish Inverse H&S pattern
-the confirmation of this pattern is the break of neckline resistance
-if this reversal setup will play out
-most likely aggressive long term buyers are already scaling in the RS
-while breakout traders are awaiting the neckline break confirmation
-well, this is a long shot and a lot of things may still happen in the mid