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Horizen / TetherUS

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ZENUSDT trade ideas

#ZEN/USDT - Long - Potentially 91.44%Direction: Long Market: Spot Risk: 0.25% - 1% #USDT_ZEN Exchange: BINANCE Timeframe: 3D TP1: 18.78 Entry: 9.88 STOP: 5.32 Zen 4.1 Mainnet dropping September lines up nicely with this year long falling wedge break. If we close this candle above the 200MA I'm confirming my position and holding to the 786 probably staggering some profit taking at the 0.5 also. Big stop on this as BTC looking shaky, for this reason I'm going to stagger my entries with DCA buys at 8.06 & 6.88.
Long
by CryptoNicho
ZENUSDT → Exiting a bearish trend. Growth potential by 15.00BINANCE:ZENUSDT is forming a prolonged bearish wedge. Numerous resistance retests are inconclusive except for the last one. Against the backdrop of falling bitcoin, ZEN is showing strength. The price after testing the bearish trend support consolidates and stops under the resistance at 9.66, forming an ascending triangle. Over the course of several weeks, price consolidates and continues to push up against resistance. At the moment of volume surge, the price moves from the accumulation phase to the phase of realizing the potential. A breakout of resistance and a bullish impulse is formed. A retest of the previously broken boundary or consolidation above 9.66 may be formed soon, which may give an opportunity to enter the market at a better price. It is also worth noting that the price is breaking the moving averages and this may indicate a trend change. Support levels: 9.66, the previously broken trend boundary Resistance levels: 11.4, 15.12 I expect the growth to continue after the breakout of 9.66. Medium-term outlook - strengthening to 15.12. Regards R. Linda!
Long
by RLinda
16
I Cannot Short This !!! situation+next targets.The ZENUSDT is in a Bullish phase by Ascending Triangle & Cup & Handle. 🌟Bullish signals are: - Bullish Cup & Handle - Dynamic Support zone - Pivot weekly - Ascending Triangle ⭐The pattern will increase the price as much as the measured price movement (AB=CD) ❗ Note if the Triangle or cup & handle is broken downwards with the strength of Bearish candles, this analysis of ours will be failed. ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
by CobraVanguard
ZEN has strong resistance levelThis instrument is in the top growth today, during the current correction, half of the daily imbalance was blocked from below and there were no updates to the daily lows, which is a plus in the continuation of the long, along the trend the price is pressed to the previously formed cascade of levels starting from $ 8.4, which has several smooth touches, I will wait for an increase in buyer activity in the breakdown and continuation growth according to the trend for the withdrawal of liquidity behind the cascade to the nearest area of interest of the seller
Long
by CScalp_EN
1
✴️ Horizen Deletes Its 2021 Bull-Market, What Now?Horizen (ZENUSDT) hit an All-Time High May 2021. After a bull market comes a bear market. The bear market that followed deletes almost all gains; ZEN has dropped by 96.84% since the ATH date, astonishing. Prices went as low as September/October 2020, more than 2.5 years ago. So Horizen now is entering the accumulation/buy zone. This is the best time to buy, when prices are low, near support/red. This is what I personally do, buy and hold long-term... Wait patiently and let the market take care of the rest... Keeping it simple, think long-term. This is not financial advice. Thanks a lot for your support. Namaste.
ZLong
by MasterAnanda