ZENUSD trade ideas
ZEN/USD Crypto analysis BUY THE TREND!Horizen has been of interested, particularly smart contracts and its proof of concept, and implementation. I believe in this Blockchain, as well as others!
But on the analysis side. We have started to see strong indications towards the $120 price, continuation of bullish crypto market.
Lowest ZEN price $100
Next Low $106 look for BUY orders
I am personally going to hold on to the ZEN blockchain and will continue to invest
$zen looking goodWelcome to my analysis on $zen, we are looking at 3D timeframe in my opinion it looks good for next leg
ZEN - Ascending Triangle - Long trade :)ZEN/USDT or PERP
Trade Duration - 1-3 weeks for short term TP's or 3-6 months for longer term TP's
Entry: 57.5-58.75
Stop below pennant: $53
Short term TP's = 60,61, 62, 63, 64, 65, 66 up tp $85 ( top of wedge)
Long Term TP's = $100, $200, $300
ZENUSD - The big picture (log scale)We're sitting at the ath area from 2018 right now. Let's see if it can become a new support line. In case the daily candle doesn't close above 56$ today I can see a retest of the 55 EMA (orange line) around 47$ and maybe even going lower. This is not a financial advice. Just an ape sharing his view.
ZENUSDPrice is still on the trend line, but unable to break 60, if it breaks 60, will ZEN go to the moon?
ZEN/USD TRADING IDEAPlease support this idea with LIKE if you find it useful.The information is not financial Advice. DO BUSINESS AT YOUR OWN RISK.
Zen breaking out.Top/bottoms for the upcoming weeks. Analysis based on Gann angles and linear regression. Also it's in Grayscale's portfolio and has the fundamentals to back that up. There might be a dip to 29,4 if the crypto market circumstances drastically change.
ZENNew trade opportunity🔥
For this time we have symmetrical triangle on ZEN/USD. This triangle is on small timeframe which means instant result.
It approached to E wave according to Elliott Waves theory and now it goes to breakout point. It has bullish sentiment on bigger frame so it may continue its movement. However lets follow the chart and look for breakout point.
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ZEN just keeps goingZEN's been on a BTC-agnostic bullrun for a week and I'm finally FOMO'ing in at this fantastic bullish flag. May be able to catch one last scam wick around $26-27.5 before next 61.8% marked at $35, otherwise I expect price to naturally fall to the $28.50 range before moon.
RR=3.5
Next bottom around $31
Horizen ZEN - The Path to $100- Volume has driven into privacy coins such as ZENUSD after big tech began an online censorship & purge campaign.
- Horizen is uniquely positioned to outperform other privacy coins with a market cap well below XMR and ZEC, and a supply replicating Bitcoin in scarcity (21m maximum ZEN).
- Horizen's privacy component is optional, similar to ZEC, which makes it less of a regulatory target vs XMR and more flexible and useful.
- Horizen is supported by Grayscale who openly advertise their Horizen Trust to investors. This platform will continue to drive further demand into ZEN.
- $100 Horizen would = $800m market cap (at current supply). Well and truly within reason as I expect this coin to surpass $1bn in market cap eventually.
- $33 is major resistance, with blue sky after that breaks, towards $100.
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 9: HorizenDISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 9 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Horizen:
Projected ROI on Log Scale: 2163% or more
Projected Price Target: 227
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 20X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for Horizen is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
Horizen will be the monopoly to develop blockchain applications for privacy-focused enterprises. It will be an industry standard.
www.horizen.io
Grayscale crypto hedge fund, largest crypto hedge fund by asset management, backs it, Here is the investment research report:
grayscale.co
To understand it's vision watch this interview with its founder: youtu.be
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
www.horizen.io
grayscale.co
decrypt.co
Don't forget to like this if this helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about NEAR
horizen + grayscale = POMP till skythis is top deal right now in market, horizen added on grayscale and we are in huge inverted head and shoulders! target 70$+
