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ZENUSDT trade ideas

ZENUSDT BATThe Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
by UnknownUnicorn38199698
ZENUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ZENUSDT Here we have R2 that used to be a support area. R1 is the long-term resistance line and the unsuccessful attempts of the price to rise is clear. And S1 and S2 are our support lines that represent the support of the price at some points. At the present, we have the price fluctuating below R1. Our prediction would be a fall to S1 and due to a long position, we expect a rise will happen for it to R1. In case the price moves below S1, then it will fall to S2 (this is not probable now). Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
ZENUSDTHello dear friends Strangely, this chart has an ascending guard!!! If the price range of $15.34 is not completely consumed, we can expect the formation of an upward trend, according to the drawn scenario, up to the price range of $22.11. If the $15.34 range is missed, the next area we would expect price to react to is $13.81. *But it is very important to consider, if the $15.34 range holds, the bullish guard is valid, if this range is consumed, our mentality to form an uptrend is weakened* We would be very happy if you share your thoughts with us.
Long
by FiboTech