ZENUSDT.P trade ideas
Jogging moodshhhh... Horizen whispers about money, wolves🔥
There is a great formation of Running flat on ZENUSDT crypto pair.
There was a strong bullish sentiment before and now the price is in a running consolidation.
According to Elliott Waves theory all the waves are coming and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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ZENUSDT is testing 0.618 Fibonacci level The price had a nice breakout from the daily triangle and tested the 4h resistance. Now the price is testing 0.618 Fibonacci level. IF the price will have a breakout from 4h resistance, 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.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ZEN buying opportunityLike to support and follow for more content!
ZEN broke out and is currently retesting the broken level, it is in confluence with the 38.2% of the Fibonacci Retracement. It could go a little bit lower to the 112 major support area which is also the 50% of the Fib. Then we should expect a continuation to the upside, targets:
130
140
150
Support: 117
Resistance: 130
What do you think?
Good luck traders,
NajjarTrading