Horizen / ZenCash - Cup & Handle Formation on Bitcoin pairZEN is going to complete a fantastic "Cup & Handle" pattern on its pair with Bitcoin.
Fundamentals
Horizen (ZEN) Is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.
Horizen is a blockchain technology platform that empowers users to transact and communicate securely.
The ecosystem uses advanced cryptography (zk-SNARKs) to provide users with optional privacy features.
It has strong parnership with Engeneering Universities and has Big Global Consultant Companies Partnerships
Halving is Upcoming at block number 840000 to deflate currency approx since next December
Web Reference
www.horizen.global
ZENBTC
ZEN/BTC Short-term trade with Mid-term potentialAs you can see from the graph, ZEN is in descending channel right now, however, it is showing some bullish signs. After a short-term growth ZEN is forming a triangle pattern , which break out will lead us to the first target of 9840 or 10% profit. After that, if ZEN breaks out descending channel and holds above 9600 , H&S pattern will be confirmed and will bring us to the next target of 11000 , which is more than 20% if you buy now.
Cheers, wish you to make some money on this trade!
ZEN/BTC TA Update (1 More Leg Up?)ZEN/BTC
ZEN is still following the upward trend-line of resistance from the Low 4000 sats area. The price is trading above 200 Day MA for more than 30 days already signaling us that this coin is stronger
against the bears during the BTC Dominance breakout recently. If ZEN can keep this level for a couple of days, I would expect another leg up to restest the Swing High at 11000 sats area.
#9 - ZEN/BTCTrade opened today @ 0.00008220.
5 previous closed cryptotrades :
#6 : VET/USDT : Stopped : - 20.9 %.
#3 : XMR/USD : 1st half position : + 16.37 %.
2nd half position : + 19.67 %.
#2 : BCH/USD : 1st half position : + 97.85 %.
2nd half position : + 47.18 %.
#7 : THETA/BTC : Stopped : - 10.88 %.
#8 : REQ/BTC : Stopped : - 14.86 %.
Horizen Very Strong Uptrend | 200%+ Already, More To ComeHorizen (ZENBTC) has been on a very strong uptrend and the charts are telling me that it can go higher.
A low was hit on the 11-October and we can only see bullish action after that.
ZENBTC is now trading above EMA10, EMA50, EMA100, EMA200, and EMA300, conquering all our moving average lines. The chart is 100% bullish.
The MACD is really strong and allows for additional growth.
The RSI is also looking beautiful and supports more growth.
A peak was hit recently and EMA50 tested as support... Watch out for a double top which can lead to a retrace. The chart is bullish but always changing... As long as ZENBTC remains above early Dec. low (orange), we remain bullish.
Thanks a lot for reading.
Remember to hit LIKE!
Namaste.
$ZEN, Crossing over ~90.7k sats resistance on an uptrend move...$ZEN
Crossing over ~90.7k sats resistance on an uptrend movement from ATL BTC values
If continuation happens from here (R/S Flip /Volume), then looking for 11K (20%+) or even EMA200 as targets may be not that crazy.
RSI at overbought / UCTS indicator green across all TFs
#ZEN
Horizen Might Go Massive | Easy 55%+ Short-TermHorizen (ZENBTC) is looking pretty good and has been consolidating up... This is a very strong single.
We can see ZENBTC slowly and steadily growing, this is a sign of strength, the next move can be strong.
The MACD is on the bullish side and also looking pretty good.
The RSI is strong.
The indicators are good and the chart, in general, looks great. This one can easily move higher anytime.
Previous article:
This is not financial advice.
Namaste.
ZEN/BTC TA Update (Bull Run Ready to Start?)ZEN/BTC
Despite recent BTC Alts dump, ZEN manages to break bullish after trading above the 200 Day MA for a couple of days.
New Higher Low support is now built plus the 200 MA will act as immediate support in case of a deep pullback.
The overall market structure is bullish right now.
ZEN When to Buy?Zen now build Rounding Bottom , The rounding bottom chart pattern is an indication of a positive market reversal.
You can wait to break 8000 and buy or wait the correction (look at the cahrt) But I think , firstly we will have a Correction and then Zen will go high and Breakout.
The Targets are in the chart , Good luck)).
ZENBTC - DAILY CHARTHi, today we are going to talk about ZENBTC and its current landscape.
We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above.
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ZENBTC Bullish Long-Term
ZEN/BTC
Another coin from the series of LongTerm predictions that I have included in my #HODL portfolio.
ZEN is in growing channels, where it gradually creates Higher low. He is currently preparing for another up movement between 8700sats and 9000sats. As one of the few coins, ZEN in the current situation handles very well the price fluctuations of Bitcoin. The ideal re-buy zone is at 6300sats - 6000sats, but when I see how they don't want to let it down, I start to buy it slowly from 6800sats and below. StopLoss in this LongTerm prediction do not solve, because it will be addressed from the perspective of IndraDay trading. For the targets I identified the strongest resistance and Fib. projection 1.618, 2.618, first impulse motion up.
Horizen - possible profit 165% - 265 %Hi Traders, ZEN/BTC broke the trend line from 2018 and retest, possible profit 165% - 265 %. Prepare reserves for possible re-purchases and menegment positions. All target price, are written in. Collect profits on the way up, trading with reason( 4-8% of portfolio). GL , HonorDeal
$ZENBTC breakout$ZENBTC breakout
And we have a breakout. It's not really a schoolbok 3-touch play with S/R flip, considering the short time between the touches, but I like the look of it.
I didn't have the guts to enter while the price was in the ascending triangle, but I'm aiming for an enter with a wick down to the support ~56000
Entry: 56000
Stop: 56000 (Daily close)
Target: 67279
Target2: 81075
ZENBTC formed bullish BAT | A good long opportunityPriceline of Horizen / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0005171 to 0.0005090
Sell between: 0.0005365 to 0.0005656
Regards,
Atif Akbar (moon333)