ANALYSIS $ZEN
With the addition of candlestick patterns and their respective alignment percentages, the analysis can be refined. Let's detail the patterns presented and their implications:
### Candlestick Patterns:
1. **Bullish Patterns**:
- **Hammer (60.50%)**: Indicates a possible reversal of the upward trend after a fall.
- **Bullish Engulfing (55.77%)**: A strong bullish pattern that occurs when a small bearish candle is followed by a larger bullish candle.
- **Rising 3 (100%)**: Strong indication of continuation of the uptrend.
- **Bull Harami (58.29%)**: Indicates a possible reversal from bearish to bullish.
- **Tweezer Bottom (51.91%)**: Indicates a possible bottom and upward trend reversal.
2. **Bearish Patterns**:
- **Hanging Man (39.08%)**: Indicates a possible reversal of the downward trend after a rise.
- **Shooting Star (54.85%)**: Strong bullish to bearish reversal signal.
- **Bear Engulfing (50.89%)**: A bearish pattern that occurs when a small bullish candle is followed by a larger bearish candle.
- **Falling 3 (100%)**: Strong indication of continuation of the downtrend.
- **Evening Star (66.67%)**: Indicates a bullish to bearish reversal.
- **Bear Harami (56.62%)**: Indicates a possible reversal from bullish to bearish.
- **Tweezer Top (50.49%)**: Indicates a possible top and downward trend reversal.
#UpdatedAnalysis:
- **Probability of Bullishness: The presence of patterns such as "Rising 3" (100%) and "Hammer" (60.50%) strengthens the prospect of a bullish rally. These patterns are strong indicators that the price may move higher.
- Bearish Probability**: However, the presence of patterns such as the "Falling 3" (100%) and the "Evening Star" (66.67%) suggests that there is also significant selling pressure.
### Conclusion:
Previous analysis indicated an ascending triangle, which is a bullish pattern. Adding the candlestick patterns with their respective alignment percentages suggests a mix of bullish and bearish signals.