🔵 TD Sequential Setup Complete on $ZEN | Watching for Price Flip

ChartScout's pattern detection just flagged a TD Sequential Setup on ZEN/USDT (15m chart) and the message is clear: "Don't fight the trend blindly, but tighten stops. Reversal likely."

📊 Pattern Breakdown:

Asset: $ZEN (Horizen)

Timeframe: 15-minute

Pattern: TD Sequential Setup (Bullish Setup 9 completed)

Status: BULLISH SETUP 9 COMPLETED ✅

What is TD Sequential?

The TD Sequential is a powerful technical indicator developed by Tom DeMark that identifies potential trend exhaustion and reversal points. When you see a "Setup 9" complete (as shown in the chart), it means price has moved in one direction for 9 consecutive periods, and a reversal or consolidation is highly probable.

Key Observations:

• The chart shows a completed downtrend with Setup 9 triggering

• Green triangle at current price indicates bullish reversal zone

• Price has been declining but showing signs of exhaustion

• Volume patterns suggest selling pressure is weakening

Trading Implications:

This isn't a blind long signal - it's a warning that the downtrend may be running out of steam. Smart risk management means:

✅ Tightening stop losses if you're short

✅ Watching for bullish confirmation before entering long

✅ Looking for price flip above recent resistance

✅ Monitoring volume for reversal confirmation

The TD Sequential has a strong track record of catching turning points, especially on shorter timeframes. This setup suggests ZEN might be ready to bounce.

About ChartScout:

This pattern was detected automatically by ChartScout an AI powered pattern scanner that monitors crypto markets 24/7 across multiple exchanges and timeframes. The tool identifies high-probability setups using machine learning and historical pattern analysis, helping traders catch opportunities they might otherwise miss.

⚠️ Remember: No pattern is 100% accurate. Always use proper risk management, set stop losses, and do your own research before trading.

#ZEN #Horizen #TechnicalAnalysis #TDSequential #CryptoTrading