#ZEN is currently consolidating in a symmetrical triangle pattern on the 4-hour timeframe, following a strong bearish move. The price action has shifted to a sideways range, signaling a potential trend reversal or continuation setup in the making.
What to Watch:
We’re closely monitoring a bullish breakout from the triangle or resistance zone.
A confirmed breakout with a successful retest will trigger our long entry.
As always, proper risk management is key – wait for confirmation before entering.
Trade Plan:
✅ Wait for breakout above resistance
✅ Look for volume confirmation
✅ Enter on retest with a tight stop-loss
✅ Target recent highs for a solid R:R setup
What’s your take on #ZEN? Do you see a breakout coming or more chop ahead? Drop your thoughts in the comments!
Follow me for more real-time crypto setups and chart breakdowns!
#ZEN #CryptoTrading #PriceAction #TrianglePattern #BreakoutTrade #TechnicalAnalysis #ZENUSDT #Altcoins #TradingSetup #CryptoTA #BullishBreakout #SwingTrade #4hrChart #TradingViewIdeas
What to Watch:
We’re closely monitoring a bullish breakout from the triangle or resistance zone.
A confirmed breakout with a successful retest will trigger our long entry.
As always, proper risk management is key – wait for confirmation before entering.
Trade Plan:
✅ Wait for breakout above resistance
✅ Look for volume confirmation
✅ Enter on retest with a tight stop-loss
✅ Target recent highs for a solid R:R setup
What’s your take on #ZEN? Do you see a breakout coming or more chop ahead? Drop your thoughts in the comments!
Follow me for more real-time crypto setups and chart breakdowns!
#ZEN #CryptoTrading #PriceAction #TrianglePattern #BreakoutTrade #TechnicalAnalysis #ZENUSDT #Altcoins #TradingSetup #CryptoTA #BullishBreakout #SwingTrade #4hrChart #TradingViewIdeas
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.