ZEN long on OB's Zen broke last higher low, it's possible that will go lower. Time to accumulate.
Technical analysis: . Horizen/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price...
Technical analysis: . Horizen/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price...
Lesson 9 Trading Psychology is Important When you look at the market you should see your self. The market is a collection of buyers and sellers. You are a participant in that marketplace, and therefore you are the market. How can you understand the market without understanding yourself? The mental landscape of a trader is extremely important and very...
Overcoming Emotions Most traders want to "overcome" their emotions. They view thoughts and emotions as the enemy which prevents them from succeeding in the market. This is a false perception. Yes emotions and thoughts can lead to actions in the market, but they are impossible to remove. So long as you are human you will have emotions and thoughts. There is...
Lesson 4 Know what you want in the market Contrary to what most believe, successful traders do not actually trade constantly. Attempting to trade constantly leads to increased commission costs, random trading, and compound mistakes. In fact, successful traders spend most of their time doing absolutely nothing! How long does it take to enter an order? A...
Lessons from an experienced trader. Lesson 1. Never scalp. Although scalping seems to be the most profitable and best method in today's market, it is certainly not. Scalping is the hardest method to achieve a consistent performance. High frequency trading firms scalp, but they have many advantages over the retail trader including direct access to exchanges,...
The indicator shows the divergence The asset is at historic lows
ZEN Looking quite good here. Bounce off the yearly low, I think we could target R1 here. If we pump to R2, then there could be a potential play for buying the retest of R1. Let's see what we get.
Pair: ZEN/BTC Exchange: Huobi/Binance Trade Duration: Medium Risk: High Signal Strength: High Introduction Horizen (formerly ZenCash) is an incentive-driven application platform with optional zk-SNARK based privacy features that aims to provide everyone with complete control of their digital footprint. Launched in May 2017 (no ICO and no...
Horizen has been laying low, but some key announcements reignited interest in the project. Horizen has a bullish short-term bias against BTC, with the ZEN / BTC pair correcting back towards the April monthly trading high ZEN / BTC pair has a bullish medium-term trading outlook A large inverted head and shoulders pattern is present across the daily time frame ...
Update on $ZEN, R/S Flip happened on the 0.0015sats level (now support) UCTS Buy signal on the 12H active since April 22 (20%+ up) Current price testing .0017sats resistance Volume increasing RSI entering overbought levels Make sure to update SL/ Lock profits #ZEN
$ZEN Testing ~1500sats support zone for the first time after breakout... Could be a good entry for a long position if current level hodls... UCTS Buy signal on the 6H Crossing over EMA50/100 Starting to cross over Ichi Cloud Volume low for now... targets on chart #ZEN
UCTS Buy signal active on the 2D (over 40% in profit since break) MACD rising, RSI reaching overboughts levels. Crossing Ichi cloud 1800sats as resistance with EMA100... Breaking over it is key for continuation #ZEN
Clear breakout and re-test of wedge. I've Already had a position but I'm buying more in the first green box and even more if we hit second green box. Good luck.