ZEN/USDT- Bullish Breakout Targets ATH
Description:
Breakout Confirmation:- Horizen (ZEN) has successfully broken out of its long-term downtrend, supported by significant volume.
Retest Success:- The $15.50 zone has flipped from resistance to support, reinforcing the bullish case.
Potential Target:- Based on historical price action, the next major resistance is at the all-time high of $170.95, a potential 1,025% upside.
Strategy:-
Entry:- On a pullback to $15.50–$18.00.
Stop Loss:- Below $14.00 to manage risk.
Targets:- Short-term: $36.50, Medium-term: $85.00, Long-term: $170.95.
Risk Management:- Use proper position sizing and adjust stops to break even once the price moves significantly in your favor.
Breakout Confirmation:- Horizen (ZEN) has successfully broken out of its long-term downtrend, supported by significant volume.
Retest Success:- The $15.50 zone has flipped from resistance to support, reinforcing the bullish case.
Potential Target:- Based on historical price action, the next major resistance is at the all-time high of $170.95, a potential 1,025% upside.
Strategy:-
Entry:- On a pullback to $15.50–$18.00.
Stop Loss:- Below $14.00 to manage risk.
Targets:- Short-term: $36.50, Medium-term: $85.00, Long-term: $170.95.
Risk Management:- Use proper position sizing and adjust stops to break even once the price moves significantly in your favor.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.