五味子
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ZEN has been gaining a lot of attention in the past two weeks. It is considered an old coin. In the privacy domain, it is one of the three musketeers that survived: Dash, ZEN, and ZEC. The total supply is only 21 million, and it uses a PoS mining model like BTC.
Recently, it received a significant investment from Grayscale, which increased its holdings by 300,000. Currently, Grayscale's fund holds 886,799. However, just because Grayscale bought it and holds it, does not mean it is an unbeatable good coin. It’s still the same saying, if you make money, run, don’t think too big.
When Grayscale bought FIL, they started at 60, buying all the way down to 30, 23, and eventually they were too afraid to buy anymore. Now, just look at FIL's disastrous situation.
Currently, from a weekly chart perspective, there is resistance around 50, so it could be shorted with a stop loss set around 53. For short-term trading, you can place a buy order at 36.6 with a stop loss at 34. For medium to long-term positioning, 18.58 is a bit aggressive, just buy a little. You can place orders at 15.54 and 12.13 to enter in batches. It once reached a high of 169 dollars. Don’t have too grand a vision for the top. If it hits 100 dollars, that would be a blessing. $ZEN
Recently, it received a significant investment from Grayscale, which increased its holdings by 300,000. Currently, Grayscale's fund holds 886,799. However, just because Grayscale bought it and holds it, does not mean it is an unbeatable good coin. It’s still the same saying, if you make money, run, don’t think too big.
When Grayscale bought FIL, they started at 60, buying all the way down to 30, 23, and eventually they were too afraid to buy anymore. Now, just look at FIL's disastrous situation.
Currently, from a weekly chart perspective, there is resistance around 50, so it could be shorted with a stop loss set around 53. For short-term trading, you can place a buy order at 36.6 with a stop loss at 34. For medium to long-term positioning, 18.58 is a bit aggressive, just buy a little. You can place orders at 15.54 and 12.13 to enter in batches. It once reached a high of 169 dollars. Don’t have too grand a vision for the top. If it hits 100 dollars, that would be a blessing. $ZEN
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