Horizen True ATL (7 Years Old Bottom) 5-10X Growth PotentialLadies and gentlemen, what we have here is a true bottom based on price and time duration. Horizen hit the lowest price ever in June 2024; the lowest in 7 years at 0.0000901, and this is now officially the All-Time Low (ATL).
➖ We can see a clear volume breakout as soon as this level is hit;
➖ We can see the initial bullish breakout as well;
➖ We are now seeing a strong higher low;
➖ What follows is bullish action, sustained long-term growth.
It is not hard to predict what is going to happen; Once we hit bottom, there is no other place to go but up. And Horizen definitely hit bottom so get ready.
How far up it goes can be a wild guess right now but easy 5-10X can be accomplished within the next six months. It can go higher, it is very unlikely that it can peak lower than 5X.
Since the bears took no breaks for more than three years, it is likely that the bull-market on this pair will be really strong to balance things out. It is also likely to develop with fast momentum. Imagine maximum speed, maximum growth in four months or so.
I think once it starts going it will keep on going until the end. But it is too early, so we will just sit back, watch and relax, and let the market take care of the rest.
If you like this pair, buy and hold.
Namaste.
