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Horizen / TetherUS PERPETUAL CONTRACT

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ZENUSDT.P trade ideas

ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update ZENUSDT currently trading at 53.75 Wedge Pattern Formation. You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move. Buy level : $50.00- $55.00 Stop loss: 39.00 TP1: $72.00 TP2: $85.00 TP3: $115.00 TP4: $160.00 TP5: $200.00 Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.
Long
by HexaTrades
1
🆓Horizen (ZEN) June-28 #ZEN $ZENZEN is accumulating at the $60 zone and will head towards the $80 and $100 zone in July. However, if in the next few days, ZEN loses the $60 zone, it will have a sharp decline towards the 40$ zone and this is a very good area to buy in 📈BUY 🔴Buy : 58.5-61.5$. SL if B 📉SELL 🔴Sell : 78-82$. SL if A 🔴Sell : 97.5-102.5$. SL if A ♻️BACK-UP 🔵Sell : 58.5-61.5$ if B. SL if A 🔵Buy : 39-41$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
ZEN HEAD AND SHOULDERSLike to support and follow for more content! WHY FOLLOW? • 4 Years of experience • Daily trades • Daily updates • Best Entry Points • Important Zones • TP/SL ................................................................................................................................................................................... We are forming a head and shoulders pattern, if we break below the support, we will go to our targets: 79.6 76.7 Support: 82 Resistance: 84 However, if we bounce from here we will go to 84 at least. Watch BTC on the side link below ................................................................................................................................................................................... What do you think? Good luck traders, Not financial advice Manage risk and leverage DYOR NajjarTrading
Short
by NajjarTrading
ZENUSDT - SETUPOn Zen we have a bearish daily impulse to the downside and oversold conditions on the 4hr timeframe, on the daily we also have this nice M formation. After a M formation we expect to see the market make a correction and complete the pattern at the neckline which is previous support turned resistance. We will be waiting on the 1hr timeframe for market to meet our entry rules for this harmonic strategy before possibly looking to catch this corrective intraday long position.
Long
by ITSCRYPTO1