ZENUSDT.P trade ideas
ZENUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 110 - 130 - 150
after first target reached move ur stop to breakeven
stop: ~under 67 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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ZEN / USDT Triangle. Breakdown. Huge volume earlierIn the secondary trend, a symmetrical triangle of 244% has formed. There is a breakdown of its resistance (secondary downtrend). We see on the graph "traces of crime" a huge ransom with "align traces" of action.
Coin at coinmarketcap: Horizen(ZEN)
Start of trading. Price $ 5.14 Now $ 119
ZEN/USD Main trend (part) Triangle
Past Trading Idea ZEN/USDT Channel Up. More than + 2200% from $ 6.2
The work itself is shown in updating the idea as the price trend moves.
🆓Horizen (ZEN) Nov-4 #ZEN $ZENZEN is having a good support at the $80 zone and we can accumulate more at this zone for the targets of $100, $120 and $160 in the near term. If it loses the $80 zone, we can consider buying it back at the $70 and $60 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 80$ zone
🔴Buy : 80
🔴Sell : 100 - 120 - 160
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 80$ zone
🔵Sell : 80
🔵Buy : 70 - 60
❓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
$ZEN/USDT 2D (Binance Futures) Ascending trendline on supportHorizen is accumulating above 50MA and seems ready to push higher mid-term, probably after a last pull-back!
More information about that hybrid PoW (Proof Of Work) / PoS (Proof Of Stake) blockchain, also a Privacy coin on www.horizen.io
Current Price= 80.474
Buy Entry = 78.906 - 71.922
Take Profit= 94.360 | 123.937 | 166.552
Stop Loss= 60.198
Risk/Reward= 1:1.25 | 1:3.19 | 1:5.99
Expected Profit= +25.12% | +64.34% | +120.85%
Possible Loss= -20.18%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 months