Hey dear friends, hope you are well and welcome to the new trade setup of the Horizen (ZEN) with US Dollar pair.
Previously I shared a long term trade setup of ZEN , which is still in play as below:
Now on a 4-hr time frame, ZEN has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
Hey dear friends, hope you are well and welcome to the new trade setup of the Horizen ( ZEN ) coin.
On the monthly time frame, ZEN has formed huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Welcome to this quick update guys.
ZEN BTC has been trading at the bottom, certainly
Technical perspective:
Breakout of the 128 days long Falling wedge channel
Currently forming a bullish pennant
Double bottom formation
A lot of fundamentals at the end of June and July which will eventually create a lot of HYPE.
So I think buying the dips would be profitable in...
Priceline of Horizen / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0005171 to 0.0005090
Sell between: 0.0005365 to 0.0005656
Regards,
Atif Akbar (moon333)
Horizen; Is the beginning of a new trend, worth watching! Zen coin can move zigzag on bullish flag pattern but for now should be paid attention to exaggerated divergence, Support zone looks nice for buying zone.
Lets have a brief look at the ZEN with Bitcoin pair:
Then:
In the month of Jan 2019 the MACD turned strong bullish before golden cross of 25 simple moving average with 50 simple moving average.
In the month of Feb 25 SMA crossed down the price action and formed a golden cross with 50 SMA and pushed the priceline to the resistance of channel.
Now:
The same cycle...
The pricline of Horizen / Bitcoin has completed the formation of bullish shark pattern.
Now the price action is entered in potential reversal zone of this pattern.
From here the price action will move up soon to hit the sell targets insha Allah.
The targets are defined using Fibonacci sequence:
Buy between: 0.00158323 to 0.00049565
Sell between: 0.00275524 to...
BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
