Making a new YTD high (and above everything since 2018..)
Similar to other charts, showing an ugly candle based on BTC recent activity.
Anyway, retesting breakout level and looking for a flip as signal of continuation..
Willing to take the trade if flip happens
Please don't copy, trade yourself.
Ideas from others are useful and I use them myself.
Comments are welcome.
Bitcoin is falling sharply and Zen is holding strong.
Possible last wave number 5
I go into this ankle long, upon confirmation.
DISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 9 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is...
RUB-A-DUB-DUB The Budha belly and achieve financial enlightenment. Be a Zen master and add ZEN to your portfolio. Zen had a triangle breakout, followed by a nice little retest, so this is a great time, right now, to buy in.
What is the sound of one hand clapping..... ZEN KOAN
Who is it who now repeats the Buddha's name?
Who is dragging this corpse...
We are just meeting final structural target based on past PA.
I still see this a hold because chances this will do another 10x from where we are.
In terms of fundamentals is still strong. Backed by Grayscale, continuous development and growing community.
In terms of technicals is still strong. Volumes show steady growing interest but nothing really usual or...
Anything backed by Grayscale is worth paying attention to, and ZEN is one of those projects. One of the biggest ones in terms of privacy and with big backers. Potentially it could be listed on Coinbase and I will also present those coming next on Coinbase based on my opinion. The ZENBTC charts looks a bit like ADABTC before the key breakout (on lower timeframes),...
Horizen (ZEN) / BTC Main trend. Falling wedge. The graph is logarithmic. Timeframe 1 week. Pivot zones and target levels are shown on the chart. The first target is the resistance of this formation at about 100%. Also, the resistance of the wedge (main trend) will act as a potential trend reversal zone. If the resistance is broken through and consolidates above...
4 Hour Time Frame Analysis -
Entry - Current Price $120.53
Exit - $133
Stop Loss - $115.18
Leverage - 10 x
Risk to Reward - 3 to 1
After Breaking out of a big bull flag, Zen Has had further consolidation and formed a bullish falling wedge, which it has now broken out of and found support.
Zen is ready to start moving up again and I am long.
Nice 4 hour pin right...
Nice R/S flip over ~110k sats level and 10% up already on the daily (30% since UCTS 12H buy signal)
Long way to go for this one, not even above this year highs👀
At least aiming for continuation toward ~160k sats seems reasonable.. Let see how it goes but looks good!