Keep cool, and long ZEN By end of this week (candle close), ZEN 1W will confirm bounce on the ascending trendline that it started end of July.
RSI 1W also indicates that it has bottomed, so prices are ready for a push up.
Fibonacci retracement levels provide the objectives for the next waves.
- first objective is 142,
- we should correct at least 38.2% (106)
- then 250, and more
One token to HOLD for a long time
ZENUSDT trade ideas
Horizen (ZEN) forming bullish Butterfly for next moveHey dear friends, hope you are well and welcome to the new trade setup of Horizen ( ZEN ) coin.
Previously we has a nice trade of ZEN:
Now on a 4-hour time frame, ZEN is completing bullish Butterfly pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🆓Horizen (ZEN) Oct-9 #ZEN $ZENZEN is heading to 90$ and 120$ zones. If it loses this 75$ zone, we will consider buying it back at 65$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 75$ zone
🔴Buy : 75
🔴Sell : 90 - 120
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 75$ zone
🔵Sell : 75
🔵Buy : 65
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
ZEN: PATTERNS FAIL TOO!Dear Traders,
Today I would like to share my personal thoughts with you in hopes to contribute to the trading community. When I was a novice trader, I used to trust patterns blindly, like they're sent by God! But I learned that the market SOMETIMES works according to patterns. Patterns are merely guides that help us explore possibilities. To make decisions, we need to take into account a variety of factors including the context, the CRYPTO TOTAL MARKET CAP, and BTC.D/ALTS.D. The context always matters. Whether the market as a whole is struggling, improving, or stagnating can tell us a great deal about what we should do. Sometimes you notice a bullish pattern, but you feel a certain degree of unease to have an active trade in the market. That's when you should slam on the brakes and keep a cool head. The CRYPTO TOTAL MARKET CAP can tell us what the atmosphere is like in the market. Even if you spot a bullish pattern, if the TOTAL Criterion spells bleeding, you should think twice before entering a trade. BTC.D in relation to ALTS.D and ETH.D could help us make decisions if we know how they correlate. Funding rates could as well help your decision-making. When they skyrocket, greed abounds in the market, and the market will have to cool its jets to sustain its health. All in all, what I have learned is that a pattern is not a forceful indicator of what's to come. Patterns work fine when you consider the above-mentioned factors and wait for confirmations to execute your trades. ZEN might have tricked some with its wicks below the floor of the rising wedge, which is a bearish sign. Add to the mix a MACD that was going to showcase a bearish cross. If you have jumped the gun, you must be in a difficult situation now. However, you can look back on this as a learning curve passed.
I wish you the best and all the luck in the world. Take care!
P.S: I'm no expert and this is my bit I thought I could put out to help. Certainly, there are genuine experts out there you could truly learn from. Thank you for your support and attention.
ZENUsdt Slowly But StableHorizon is slowly and stable coin
this going up slow and for fast and more profit little bad but can going up
I AM TOMBRIDER :)
FIND CLASSICAL FOR YOU :)
THIS MARKETCAP AND VALUE LOW NOW
but whale join when fast going up
this coin move slowly but have chanse for big move
Horizon can back top channle again.This channel is a valid channel due to the many collisions in the middle and above it
GL
Supports
87.25 >>> Entry Point
81.22
72.82
61.86
Resistance:
95.39
Targets:
120.05
160.74
233.28
283.10
GOAL for hold
374.24
GL guys
ZENUSDT Long IdeaThe price has broken a downtrend creating HH and HL on LTF. We are slowly climbing inside an ascendinh channel. On HTF the trend is bullish. This is confirmed by the RSI, MACD and Ichimoku cloud. I am expecting correction so the price action can create a HL and a breakout and retest of the Supply zone afterwards. The traget is the next supply zone.
NFA
ZENUSDT is testing the upper trendline 🦐ZENUSDT is testing the upper trendline. If the price is going to satisfy all our rules, According to Plancton's strategy (check our Academy ), we can set a nice order
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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 -> <4h structure.
ZENUSDTPERP Trade 1Hi!
This is my first time trading ZEN/USDT.
coinmarketcap.com
Entry: 62.242
Exit: Sign of Rejection at 77.318 or candle close
EMA50 is holding and in daily time frame it is a support area and confluence with 0.618 reverse fib. Also it created a higher lower which gave us a better risk reward ratio.
ZENUSDT Good BUY!ZENUSDT Technical analysis Update
ZEN/USDT currently trading at $62.00
Resistance Zone Breakout
Buy level: Above $61.50 - $62.20
Stop loss: $59.00
TP1: $65.00
TP2: $68.50
TP3: $71.50
TP4: $75.00
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.