The price of #ZEN is reaching the ceiling of the ascending channel in the 4-hour time frame. The upward trend is still strong and the next target can be $18. The main support level is $8.60 - $9.50
@Altcoin_Charts
@Altcoin_Charts
The price of #ZEN moves in the bottom of its ascending channel in the daily time frame, and in the 4-hour time frame, it was able to break the downward trend line.
The price is breaking the resistance level of $9.30-$9.65. It seems that the bulls are buying, and there is a high probability that the price will rise to its previous ceiling of $15.00 and then $18.00.πππ
@Altcoin_Charts
The price is breaking the resistance level of $9.30-$9.65. It seems that the bulls are buying, and there is a high probability that the price will rise to its previous ceiling of $15.00 and then $18.00.πππ
@Altcoin_Charts
#ZENUSDT has broken a dynamic resistance in the daily time frame and has now retested it.
#ZEN is showing a strong probability of a bullish continuation . consistently respected the descending resistance. Recently, it broke upward and completed a retest phase. Currently, itβs resistance at $10.50 - 9.80 . The bullish probabilities are strong due to the formation of strong candles, the breakout of a strong descending resistance, and the creation of bullish momentum at key support levels.
if the price fails to ascend from the support at $8.5 and loses momentum, this scenario would clearly indicate that seller sentiment is in control, and #ZEN could drop significantly.
@Altcoin_Charts
#ZEN is showing a strong probability of a bullish continuation . consistently respected the descending resistance. Recently, it broke upward and completed a retest phase. Currently, itβs resistance at $10.50 - 9.80 . The bullish probabilities are strong due to the formation of strong candles, the breakout of a strong descending resistance, and the creation of bullish momentum at key support levels.
if the price fails to ascend from the support at $8.5 and loses momentum, this scenario would clearly indicate that seller sentiment is in control, and #ZEN could drop significantly.
@Altcoin_Charts
After breaking the dynamic resistance and more than 50% growth, #ZENUSDT tested the dynamic resistance again.
During the recent decline, #ZEN approached the specified support level, but could not cross it.
Considering the good pullback that the price had to the downward resistance and the reduction of market fluctuations, we can expect the price to grow again.
@Altcoin_Charts
During the recent decline, #ZEN approached the specified support level, but could not cross it.
Considering the good pullback that the price had to the downward resistance and the reduction of market fluctuations, we can expect the price to grow again.
@Altcoin_Charts