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PolarHusk
Jul 6, 2020 6:54 PM

ZEN/BTC (Weekly IH&S Pattern?) 

Horizen / BitcoinBinance

Description

ZEN/BTC

-looking at the weekly chart
-this may be forming a bullish Inverse H&S pattern
-the confirmation of this pattern is the break of neckline resistance
-if this reversal setup will play out
-most likely aggressive long term buyers are already scaling in the RS
-while breakout traders are awaiting the neckline break confirmation
-well, this is a long shot and a lot of things may still happen in the mid
Comments
YashKapoor
It will start shooting next week , compared to XMR , Dash and ZEC. It’s still progressing better but 10 times cheaper in valuation amongst the best privacy coins
ProjectSyndicate
nice setup, let's see what we get now.
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