Horizen (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.