$Zen Prediction!
Hello Traders,
First of all before Everything else I am not recommending you to open a new position because it is very risky but at the same time If we are in Mega rally phase , this could go up by quite a bit like the last time. So you are warned about the very big risk! Big risk = Big reward or Big loss, Could be either. During the mega rally, price action doesn't allow safe and easy entry point!
Weekly and daily volume reached historical highs, and institutional interest is peaking about this coin. In the past we have seen mega rallies with this coin and it was a Big one , I don't see any reason why we shouldn't repeat the similar cycle as before. Previous rally presented 3 RSI peaks above 80. So far Zen only produced 1 peak.
I am not saying we are but even If we are going to $150 levels at some point , we will have a large pullback at some random point. One can't be sure about exact timing. It could be now or after reaching $50 or $70 or $85 hard to say. That is why buying at this point risky!!
Since it is hot topic at this moment , I will update this chart regularly!
First of all before Everything else I am not recommending you to open a new position because it is very risky but at the same time If we are in Mega rally phase , this could go up by quite a bit like the last time. So you are warned about the very big risk! Big risk = Big reward or Big loss, Could be either. During the mega rally, price action doesn't allow safe and easy entry point!
Weekly and daily volume reached historical highs, and institutional interest is peaking about this coin. In the past we have seen mega rallies with this coin and it was a Big one , I don't see any reason why we shouldn't repeat the similar cycle as before. Previous rally presented 3 RSI peaks above 80. So far Zen only produced 1 peak.
I am not saying we are but even If we are going to $150 levels at some point , we will have a large pullback at some random point. One can't be sure about exact timing. It could be now or after reaching $50 or $70 or $85 hard to say. That is why buying at this point risky!!
Since it is hot topic at this moment , I will update this chart regularly!
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