PolarHusk

ZEN/BTC (Retest Recent Low Support?)

BINANCE:ZENBTC   Horizen / Bitcoin
BINANCE: ZENBTC


-Horizen tested the previous swing low at 5560 sat range
-We saw a good bounce but currently faces rejection by the trendline resistance
-If ZEN will pullback, it will likely to retest the recent low and form a double bottom
-A double bottom reversal will only confirm if the trendline resistance is broken up
-This will take a few days so please be patient and wait for a safer entry
-The ideal stop loss is placed under the green support line
-And the upside potential is up to the recent swing top at 9953 sat




^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management

**If you like my daily Published Ideas
**A little help by supporting my Channel
**Through leaving a Thumbs Up, Comment & Follow
**Happy Trading! --> Thank you! :)




Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.