Bitcoin expected moves: On The ClockNot a financial advisor; simply sharing my own thoughts on the markets.
Bitcoin is now back in the " slow load, implode " territory. I have been minimizing exposure and waiting to catch long bottoms. Observations:
HEX.D and ADA.D have lined up with a 8% correction
MATIC.D had an amazing rip 12%+
BTC and SPY inverted on each other yesterday
Based on my new "Circles of Roundness" theory, we should be expecting some moves along the white lines in the charts. I am expecting that towards the end of that time frame we should see BTC/USD sitting somewhere around the $55,009 mark or so. Do note: this is a new theory I am implementing, so it might take a few tried to get it zero'd in. Trade Zen.
ZEN
ZEN / USDT Triangle. Breakdown. Huge volume earlierIn the secondary trend, a symmetrical triangle of 244% has formed. There is a breakdown of its resistance (secondary downtrend). We see on the graph "traces of crime" a huge ransom with "align traces" of action.
Coin at coinmarketcap: Horizen(ZEN)
Start of trading. Price $ 5.14 Now $ 119
ZEN/USD Main trend (part) Triangle
Past Trading Idea ZEN/USDT Channel Up. More than + 2200% from $ 6.2
The work itself is shown in updating the idea as the price trend moves.
🆓Horizen (ZEN) Nov-4 #ZEN $ZENZEN is having a good support at the $80 zone and we can accumulate more at this zone for the targets of $100, $120 and $160 in the near term. If it loses the $80 zone, we can consider buying it back at the $70 and $60 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 80$ zone
🔴Buy : 80
🔴Sell : 100 - 120 - 160
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 80$ zone
🔵Sell : 80
🔵Buy : 70 - 60
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$ZEN/USDT 2D (Binance Futures) Ascending trendline on supportHorizen is accumulating above 50MA and seems ready to push higher mid-term, probably after a last pull-back!
More information about that hybrid PoW (Proof Of Work) / PoS (Proof Of Stake) blockchain, also a Privacy coin on www.horizen.io
Current Price= 80.474
Buy Entry = 78.906 - 71.922
Take Profit= 94.360 | 123.937 | 166.552
Stop Loss= 60.198
Risk/Reward= 1:1.25 | 1:3.19 | 1:5.99
Expected Profit= +25.12% | +64.34% | +120.85%
Possible Loss= -20.18%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 months
ZEN / USDT — The Real Signal for Crypto ♠️Good morning , guys !
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We published a signal to buy a ZEN coin this night ,
Very good coin , we have worked with it more than once and very successfully .
So, at night we managed to catch a very good moment to enter it !
We entered the range of $ 85-73 , now at the time of writing these lines it costs $ 88.
A very promising breakout of the level, now we are going to the next point - this is already $ 90.
A very promising moment , we recommend adding a coin to your tracking list , if it is not there yet !
The chart shows our subsequent points, look friends !
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Write your thoughts below , we will be happy to chat and discuss any idea !
Good profit to everyone and more competent analytics . ❤️
This idea is not a financial recommendation, but is for informational purposes only! ✅❇️
Horizen (ZEN) forming bullish Butterfly for next moveHey dear friends, hope you are well and welcome to the new trade setup of Horizen ( ZEN ) coin.
Previously we has a nice trade of ZEN:
Now on a 4-hour time frame, ZEN is completing bullish Butterfly pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🆓Horizen (ZEN) Oct-9 #ZEN $ZENZEN is heading to 90$ and 120$ zones. If it loses this 75$ zone, we will consider buying it back at 65$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 75$ zone
🔴Buy : 75
🔴Sell : 90 - 120
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 75$ zone
🔵Sell : 75
🔵Buy : 65
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
ZEN: PATTERNS FAIL TOO!Dear Traders,
Today I would like to share my personal thoughts with you in hopes to contribute to the trading community. When I was a novice trader, I used to trust patterns blindly, like they're sent by God! But I learned that the market SOMETIMES works according to patterns. Patterns are merely guides that help us explore possibilities. To make decisions, we need to take into account a variety of factors including the context, the CRYPTO TOTAL MARKET CAP, and BTC.D/ALTS.D. The context always matters. Whether the market as a whole is struggling, improving, or stagnating can tell us a great deal about what we should do. Sometimes you notice a bullish pattern, but you feel a certain degree of unease to have an active trade in the market. That's when you should slam on the brakes and keep a cool head. The CRYPTO TOTAL MARKET CAP can tell us what the atmosphere is like in the market. Even if you spot a bullish pattern, if the TOTAL Criterion spells bleeding, you should think twice before entering a trade. BTC.D in relation to ALTS.D and ETH.D could help us make decisions if we know how they correlate. Funding rates could as well help your decision-making. When they skyrocket, greed abounds in the market, and the market will have to cool its jets to sustain its health. All in all, what I have learned is that a pattern is not a forceful indicator of what's to come. Patterns work fine when you consider the above-mentioned factors and wait for confirmations to execute your trades. ZEN might have tricked some with its wicks below the floor of the rising wedge, which is a bearish sign. Add to the mix a MACD that was going to showcase a bearish cross. If you have jumped the gun, you must be in a difficult situation now. However, you can look back on this as a learning curve passed.
I wish you the best and all the luck in the world. Take care!
P.S: I'm no expert and this is my bit I thought I could put out to help. Certainly, there are genuine experts out there you could truly learn from. Thank you for your support and attention.
ZENUSDT Good BUY!ZENUSDT Technical analysis Update
ZEN/USDT currently trading at $62.00
Resistance Zone Breakout
Buy level: Above $61.50 - $62.20
Stop loss: $59.00
TP1: $65.00
TP2: $68.50
TP3: $71.50
TP4: $75.00
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update
ZENUSDT currently trading at 53.75
Wedge Pattern Formation.
You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move.
Buy level : $50.00- $55.00
Stop loss: 39.00
TP1: $72.00
TP2: $85.00
TP3: $115.00
TP4: $160.00
TP5: $200.00
Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.
HORIZEN - BUY ZONESHello,
Since I sold I have been waiting for ZEN to retest some of the vital supports that got broke. Over the next coming months I believe we will have tested below $28 and we will be moving sideways.
I have set buy targets between my heavy buy zone and my buy zone once again for the next cycle. Be prepared to wait a couple of years before any real movement again.
If #BTC can find support around the $20,000 (currently $31,000) I think this cycle could have another leg up towards the end of 2022.
🆓Horizen (ZEN) June-28 #ZEN $ZENZEN is accumulating at the $60 zone and will head towards the $80 and $100 zone in July. However, if in the next few days, ZEN loses the $60 zone, it will have a sharp decline towards the 40$ zone and this is a very good area to buy in
📈BUY
🔴Buy : 58.5-61.5$. SL if B
📉SELL
🔴Sell : 78-82$. SL if A
🔴Sell : 97.5-102.5$. SL if A
♻️BACK-UP
🔵Sell : 58.5-61.5$ if B. SL if A
🔵Buy : 39-41$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone