ZEN Looking BearishPotential H&S setup
If BTC's bear flag confirms, we should see some further downside
If it we get a bear break .0029 would be a solid support
ZEN
ZenCash VS Bitcoin Possible Correction DownZenCash has been trending upwards since 24th of June, and has climbed from $15 up to $34, gaining 134%. Recently ZEN/USD faced the resistance at $32, which is 127.2% Fibonacci retracement level applied to the last corrective wave down.
Price has spiked above the resistance, althogh failed to close higher, suggesting the corrective move down. At the same time ZEN found the support at $28, which is 50% Fibs, that was rejected today. As long as price stays above that support, ZenCash is likely to consolidate.
Currently there are two important support levels to watch, $28 and $25, which corresponds to the uptrend trendline. Break below $25 should result in further decline towards $21 and even $18.
On the upside, clear break and close above the $34.6 is required in order for the uptrend continuation to take place.
Day Analyze: Short PositionHi dear,
The overall forecast is downside.
It is likely to be supported on the line.
But it's likely to drop to the bottom of the channel.
Indicators show a bearish trend.
The floor of the channel will be a good opportunity to buy.
Good Luck
New cycle for ZENZEN has such a nice chart. It would be a pitty if it won't work out. So I think it should because if I see it, you see it too, and than we all wanna buy and the price will grow.
ZEN - All depends on BTC!ZEN has a fantastic triangle pattern. It looks like it will moon soon but there is only one problem - BT C. If Bitcoin goes down it will also affect all other coins such as ZEN! It would then fall heavily down and crash the upper triangle pattern.
Zen is a platform with the latest privacy technology and a self-sustaining funding model with protocol-level solutions and has a perfect team to get this coin to ATH!
Enter:
0.0036 - 0.00365
Sell:
1. 0.00385
2. 0.00390
3. 0.00400
4. 0.00410
ZEN - zencash trading opportunityZEN has formed a long term channel with a slow uptrend.
After a blow off top it has retraced to the bottom of this channel. I just bought back half of my original position (Sold in a previous post)
I have buy orders down to the lower support which it has wicked to in the past, but I am comfortable accumulating at this level. If it breaks this channel I will Stop out of my position and look for a new buying opportunity.
Selling at the top of this channel has been a successful strategy, though keep in mind it will likely break above this channel during the next major bull market.
This is a long term Swing trade for me.
CMF and RSI show bullish divergence on the recent lows, and CMF is testing a break into positive territory for the first time in weeks. Zen was an early mover in the previous mini-alt pump, and I expect it to be again.
Recent volume has still been mostly bearish, without a significant change in the OBV. If Zen is going to hold this channel we will see the OBV pick up soon, and more buy volume on the lower time frames.
Trade active and I will be adding to this position down to the lower support, or on a confirmed bullish turn in the market.
BULLISH divergence - Double bottom - Target 6.10p / 7.35pPrevious support at this levels when IPO, plus we have double bottom and RSI bullish divergence.
Placing was done at 4p and oversubscribed. ( I don't go in on placings)
Litecoin is heading towards buy-zone, but not yet!Dear Cocopuffs!
I'm dropping this cocochart for you about litecoin. But before i get into it, I hope you got in on NEO and Zencash and sold at the top. If you didn't, i believe Litecoin will give us a similar opportunity.
As you can see Litecoin is still having a major correction. It had a lot of FUD in the past, and that's a sign for me to keep an eye. Currently number 6 on coinmarketcap.
I believe we will have a small bounce on the 0.23Fib line and after resuming our decline towards the main support line. There I would go long on Litecoin until the end of 2018 and sell at a new ATH.
Macd and RSI are pointing down
Like if ya like,
Enjoy your beautiful day.
France vs Belgium, don't miss it!
Oelala my ZEN-mode was on, well a little bit:)Hello my fellow brothers and sisters!
Well, checkt that out! Did we break out yesterday, yes we did, but not as I wanted to:( This wasn't a stong bullish breakout.
So now ZEN is retesting the former resistance line. Let's see what will happen. Either way, i think it's a good buy as we are getting closer to the 19th of july. But hey, I'm not an advisor, I'm just here dropping those Coco Charts for you from a remote island:)
Macd is up and RSI pointing down a bit on the daily.
Enjoy your day,
Cocolove
ZEN break out confirmed!Hey Cocojambo's & Cocopups!
I hope you followed my trade because ZEN- break-out is confirmed baby! Oh yes, dropping my charts from coconut island!
You would have made a nice profit around 15% so far. Where to next?
A little retrace would be nice towards 29 and then heading towards 35 and 40 sats hopefully.
Nothing is guaranteed with ZEN-mode though, if ZEN leaves, ZEN leaves. But it's Saturday so i see a little retrace coming.
Like if you like, really appreciate it!
Much love and enjoy your weekend with your beloved ones!
ZEN take profit opportunity due to BTC looking weak on 4H/1HZEN is in the $19.5 range atm and enjoying a nice run up. BTC however after several great green days is looking to start consolidating back down to establish a higher low on the daily to confirm a longer time frame up trend.
If you are up on ZEN, this could be a good time to take some profit. BTC on the 4H also has the potential to form a H/S pattern for the break down. The range for Bitcoin = $6828 to break bullish and $6450 to break bearish.
ZENcashTrading ideasYou are late to the party at the moment, but not too late yet. There is a long term uptrend on ZEN that just had another higher low at our recent bottom. Lower time frames look like we should get a retrace, but have formed bullish trends on multiple indicators. 1hr CMF - just with bullish pattern though still negative, OBV in an obvious bullish trend and has broken sell pressure, Ascending triangle pattern forming too. Macd crossing bullish again. So after a pump we should see a retrace for a good buying opportunity as long as BTC does not kill everything. 4hr is all bullish, with indicators starting to trend high - retrace soon.
1 Day - this chart - is Extremely bullish. OBV turned up before breaking into below buying support. CMF in a bullish trend. Stoch high and curving back up. MACD low and bullish. A lot of good signals here.
If I was not already in a position, I would be layering increasingly larger buy orders through the volume support from .0026 - .0021. I find it highly unlikely we will see .0021 again, but if Market makers want to accumulate more they may try to push it down once more so worth the low order. Targets: .0035 / .004 / .0045 / .0054 based on previous resistance and volume.
Long term support now at about .00221 but a wick broke that by a long shot and came back up on the 27th. - So some super low orders just in case would be a good idea too.
This is not financial advice. I am not your adviser. These are my ideas and what I am doing. Sharing for educational purposes only.
Are we going into ZEN-mode tonight?Hi guys,
Hope you are all doing great! Today is a beautiful sunny day and i decided to put my ZEN-mode on!
I'm posting my ZENcash chart. As you can see we have touched down for ZENcash and perhaps ready for a break-out! And when ZEN breaks out, we know what that means right?
Agenda:
19th of July Supernodes
ZenCash (ZEN) Hard Fork Trade (200% Profits Potential)ZenCash (ZEN) high reward low risk trade.
Two major event coming up for ZenCash:
-> 19 July 2018 - Hardfork / Supernodes - Hardfork which introduces Super Nodes at block height 344700, which is estimated to occur on July 19.
-> 26 June 2018 - Hard Fork - ZenCash will hard fork to fight ASICS and the centralization of Zen mining.
ZenCash (ZEN) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.0028 - 0.0032
ZenCash Targets:
(1) 0.00344
(2) 0.00400
(3) 0.00446
(4) 0.00492
(5) 0.00557
(6) 0.00640
(7) 0.00731
Stop loss: 0.00279
Capital allocation: Up to 5%.
Time frame: 8 weeks.
Note: Very low risk (check stop loss), high reward (check targets) trade.
Namaste.
ZENBTC Quick Trade.Hello friends, Im was seacrhing a dipped coin on 4 hour chart. So you can jump in for % 4 or %5 profit for this trade idea.
This is not an investment advice. Please trade at your own risk.
ZENCASH: BLUE FRONTIERS PARTNERSHIP - PROFIT = 31.55%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 31.55% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 25: Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its "conviction list" of cryptocurrencies.
May 18: PaytoMat (Cryptocurrency payments solution for POS and e-commerce, offering loyalty rewards for end customers and merchants, combined with protected multi-currency wallet) adds support for ZenCash.
May 19: Ledger Nano S (cryptocurrency hardware wallet) adds support for ZenCash.
May 23: ZenCash releases updates to Arizen Wallet (Arizen v1.1.6). This includes updates including automatic logoff and Travis CI support to allow for faster development cycle.
May 24: Binance lists ZenCash.
May 24: CoinZodiac announces that ZenCash is one of the top 12 privacy coins.
May 25: ZenCash and Blue-Frontiers recently signed a letter of intent to partner and explore technical opportunities where both projects can collaborate on a variety of timely social, economic, and governance issues.
This also includes the construction of Offshore Societies.
The positive developments above (including the Binance Exchange Listing) have caused an increase in demand have forced up prices.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
ZENCASH Bear Flag 15M ZenCash was listed on Binance today which caused ZEN to explode in price and volume.
This was a synthetic breakout in my opinion, and I believe that ZEN will see a drop in price soon.
Here are a few reasons why I think ZEN will fall in value:
1. Bear Flag (illustrated on chart) has been broken
2. RSI has been moving in overbought area
3. Volume has decreased since breakout
4. BTC is dropping and this is one of the only coins in the top 100 that is up in value
**Trade at your own risk, I am not a professional trader or financial adviser**
ZEN is ready to go Reb box / Suporrt / stop loss
Blue box / buy in zone
Green circle / ema and ma
Green box / targets
Zen Cash's handle is another cup and handle. Double C&H?Every cup and handle that's materialized across the alt market the past week or so has had its own distinct nuances in its cup and handle....Zencash's handle actually appears to be another cup and handle. So it is esentially a double cup and handle. This should help it break above the rim line o it's bigger cup and handle with more authorrity than some of the other cup and handles who have poked their price actions head above their rim line and then bounced back under it. One thing I'm noticing in many of these current cup and handle patterns, is that the lowest point of their handle is approximately 1/2 the price point as their projected breakout target...meaning if you could buy in right at that point you'd have solid odds of doubling your investment on a lot of these cup and handles within a very short time. Of course this is simply a hypothetical observation and in no way shape or form meant to be taken as financial advice. You make your own choices there. So good luck and thanks for reading!
Wyckoff analysis on ZEN from Learn Crypto / Wyckoff SMIZen looks very good on the hourly chart. We have marked the appropriate Wyckoff markings on the chart.
