ZEN failed to breakout from prev week highweak PA under prev weeks highs and now breaking down at trendline. will cut if reclaims trendline
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ZENUSDT Short Trade!ZENUSDT Short Setup
Short level: Above $10.37
Stop loss : $10.62
Support 1 : $10.10
Support 2 : $9.60
Support 3 : $8.87
Thanks
Hexa
#ZENUSDT - Short Swing Opportunity#ZENUSDT - Short Swing Opportunity
Entry Conditions:
- Broken 200EMA 1hr Support
- Bearish Impulse Signal
- Lose local support and retested into new lower range
- BTC struggling to break $17k
Long ZENZen is forming a nice bottom formation on the 8hr time frame. There's a lot of bullish divergence at this level and I'm seeing the .618 as a nice target to stop out the shorts. $8.75 is the resistance level I'm keeping an eye on.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, Ma
ZEN Pattern breakoutZEN parabolically pumped out of the pattern. RSI and momentum is coming in strong. This is the first target, but ZEN looks so bullish that I doubt it’ll stop there. This is looking good.
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
