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Horizenbitcoin

#ZEN/BTC 1D 115% Potential Profit. Trade Setup for July!Welcome to this quick update guys. ZEN BTC has been trading at the bottom, certainly Technical perspective: Breakout of the 128 days long Falling wedge channel Currently forming a bullish pennant Double bottom formation A lot of fundamentals at the end of June and July which will eventually create a lot of HYPE. So I think buying the dips would be profitable in future. ENTRY: 5500 TO 6330 Targets: 1. 8022 2. 8683 3. 9675 4. 10277 5. 11969 Stop Loss: 5337 If you like this idea please hit the like button to support my work. Do not forget to follow me for more future updates on altcoins and bitcoins. STAY SAFE #Peace
Long
by Cryptorphic
49
ZENBTC same cycle likely to repeat again| Upto 803% potentialLets have a brief look at the ZEN with Bitcoin pair: Then: In the month of Jan 2019 the MACD turned strong bullish before golden cross of 25 simple moving average with 50 simple moving average. In the month of Feb 25 SMA crossed down the price action and formed a golden cross with 50 SMA and pushed the priceline to the resistance of channel. Now: The same cycle is likely to repeat again. 25 SMA again crossing down the price action to form a golden cross with 50 SMA which will push the price action to breakout the resistance. 100 SMA is ready to form a golden cross with 50 SMA in case of breakout from the resistance of channel which will produced more powerfull bull thrust that can push the price action even beyond the 0.786 fibonacci (the end of sell zone is i have defined on chart). Volume profile of complete channel is showing very low interest of traders below the support of channel. I have defined Fibonacci sequence to set the sell targets as below: Sell between: 0.0018685 to 0.0034417: Regards, Atif Akbar (moon333)
Long
by moon333
2