ZENUSDT.P trade ideas
ZENUSDT is testing the 0618 Fibonacci level!ZENUSDT recently tested the 0.618 Fibonacci retracement level on the daily timeframe
Breakouts from accumulation phases can be an excellent opportunity for traders to enter a position and potentially profit from a price increase.
However, it's important to note that breakouts can be followed by retracements or consolidations, and it's essential to carefully monitor the market to determine if the trend is likely to continue or if a reversal may occur.
Traders who follow Plancton's Rules may be waiting for a new breakout and retest of the resistance level as new support before considering a new long position in the market.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ZENUSDTThis is just my point of view.
Please do your planning before the trade, not financial advice
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!
ZENUSDT is testing the resistance!Resistance refers to a price level at which selling pressure is strong enough to prevent the price from rising further. The resistance levels can be dynamic, meaning they change over time, or static, meaning they remain at a certain price level.
In the case of ZENUSDT, the market is currently testing the dynamic resistance inside an accumulation phase. The recent rejection from the daily resistance level suggests that the market may not yet be ready for a significant price increase. We are waiting for a potential breakout from the dynamic resistance, at which point they can apply Plancton's Rules to make informed trading decisions, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
ZenUsdt LongZenusdt
Long
Entry1 : 10.27
Entry2 : 9.97
Stop loss : 90.38
Tp1 : 11.61
Tp 2 : 12.22
Tp 3 : 13.18
ZEN IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ZEN symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ZENUSDT | READY TO MOVE?ZEN has been forming a rounding bottom pattern.
The price is currently trading at horizontal resistance.
The same zone is also a breakout zone.
The increase in volume also suggests that breakout should be a massive.
Manage your trades accordingly.
ZENUSDT | RESISTANCE BROKENZENUSDT has been trading in a bearish trend .
The bearish trend was well respected by price trading under the resistance .
The price has been making lower lows and lower highs.
Now after taking support from horizontal zone, the price has broken above the resistance zone .
The bulls can take control from here.
Manage your levels accordingly.
zenzen another scenario can be 335 correction abc abc 12345 before a next low . trade with cautious at resistence .
NFADYOR
zenusdtzenusdt has completed bearish bat and also looks like we have accumulation schematic in play .
NFA DYOR
ZENUSDT yet another 30% dropWe had a good rally recently across the market. But any party must have a break. in the case of ZEN, this will might not be just a break, but a continuation of a long-term downtrend.
#ZEN/USDT - Long - Potential 97.80%#ZEN/USDT - Long - Potential 97.80%
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
Target 5 : 20.31 96.99%
Target 4 : 15.04 45.88%
Target 3 : 12.65 22.7%
Target 2 : 11.35 10.09%
Target 1 : 10.82 4.95%
Entry: 10.09 ⌁ 10.35
Current market price: 10.18
Stop: 8.37 (-18.82%)
Technical indicators:
24h Volume: 4734023.3265
Satoshis: 10.31
Going to long this as the market is very buoyant. Zen has high volatility and a massive volume trend break. If BTC dominance retraces after the price spike ALTS could fly.
Trade: ZENUSDT 14/01/2023 09:19
Account: SPOT
Volume last 24h: 4734023.33 USDT
Volume in buy range: 7970.45 USDT
#ZENUSDT - Short Swing Opportunity#ZENUSDT - Short Swing Opportunity
Entry Conditions:
- Broken 200EMA 1hr Support
- Bearish Impulse Signal
- Lose local support and retested into new lower range
- BTC struggling to break $17k
Zenusdt to moon🤟Zenusdt will from here to at least 150 point
We will see a great profit
10× leverage
Long ZENZen is forming a nice bottom formation on the 8hr time frame. There's a lot of bullish divergence at this level and I'm seeing the .618 as a nice target to stop out the shorts. $8.75 is the resistance level I'm keeping an eye on.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
