Horizen: Your Altcoin ChoiceIt is very easy to see where Horizen is going. Very easy. A broadening ascending channel is present on the chart.
➖ Notice the lower boundary and the higher lows. Perfect symmetry. Growing slowly long-term. The bottom was hit June 2023.
➖ Notice the higher boundary and the higher highs. Truly perfect. A new higher high is in place and coming next.
That's it for the char pattern now let's focus on candlestick reading.
There is a strong decline starting in late December 2024. The peak session ended as a shooting star. A classic bearish candle.
The decline is very steep and now is ending as a hammer, another one. This hammer is a perfect reversal signal at this point. The week is yet to close but we know the correction is over because many pairs already moved ahead. What one does, the rest follows.
Trading volume is also really high. Volume is high on the drop and yet the market remained within a long-term higher low. This is a bullish signal. Volume is also high as the action turns to closing green from red.
These are early signals. We are looking at bottom prices, the best possible prices before the start of the next bullish phase.
Zcash and Horizen, both will grow, Bitcoin as well.
This is a great opportunity. A great choice. Your Altcoin Choice.
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