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#ZEN The price is moving in a bearish channel on a 4-hour frame, which the price adheres to and is expected to break to the upside in an upward manner It is expected that the Moving Average 100 test will be retested We have a major support area in green at level 11 The RSI indicator has a downtrend that is expected to break higher Entry price 12.62 The...
💎Today's spotlight is on #ZENUSDT as it's priming for a bullish leap from a key support zone, hinting at a potential rally toward the above supply zone. 💎 Our last forecast nailed it, bagging a whopping 60% profit for our traders! Now, $Horizen is teasing us again, hovering near a vital $11.67 support line. This drop in trading volume? It's like the calm before...
💎Paradisers, let's take a moment to assess #ZENUSDT, which has been navigating through a descending channel, revealing dynamic market trends. 💎At this juncture, #Horizen is making strides towards the descending resistance, propelled from the demand zone. This sets the stage for a potential rebound from this zone, potentially initiating an upward trajectory, with...
ZEN's Total Market Cap has a massive room for potential growth! Target= $30.98 Major Resistance= $22.50 Current Line of Resistance= $15.67 Line of Support= $12.27 Weekly candles haven't closed above the Line of Support atm, soon as we get a weekly buy candle close above the $15.67 mark. Price will push to: "$22.50" without ease.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about ETH ETH Trying to Break the Trend Line in 2h Timeframe.. In Case of Successfully Upside Breakout Expecting Bullish Wave📈
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Wave B is over. It can now enter the bullish wave C. By maintaining the green range, it can move towards the targets. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then...
💎 ZEN has recently displayed notable market dynamics, particularly as it rests on a support area, which is crucial for sustaining its upward momentum. A bounce from this support zone is essential for ZEN to continue its upward trajectory. 💎 Should ZEN successfully bounce from the support, it has the probability to resume its upward movement, aiming to break...
Upon reviewing the daily chart for ZEN/USDT, I observe the following from a technical analysis standpoint: Bollinger Bands (BB): The price has made a decisive move above the upper Bollinger Band, which is often considered a signal of strong bullish momentum, although it can also suggest overbought conditions. The price extending above the band could mean that...