Making a new YTD high (and above everything since 2018..)
Similar to other charts, showing an ugly candle based on BTC recent activity.
Anyway, retesting breakout level and looking for a flip as signal of continuation..
Willing to take the trade if flip happens
ZEN had a great recovery looking at the ZEN/BTC chart.
Looking at the support and resistance lines we see that we currently did hit a resistance line.
Since we are extended that much one would think we will see a short term pullback.
We also can see a failed bullish Head and Shoulders pattern.
- Never buy the top/ATH
- Take profit as long as you...
Anything backed by Grayscale is worth paying attention to, and ZEN is one of those projects. One of the biggest ones in terms of privacy and with big backers. Potentially it could be listed on Coinbase and I will also present those coming next on Coinbase based on my opinion. The ZENBTC charts looks a bit like ADABTC before the key breakout (on lower timeframes),...
Nice R/S flip over ~110k sats level and 10% up already on the daily (30% since UCTS 12H buy signal)
Long way to go for this one, not even above this year highs👀
At least aiming for continuation toward ~160k sats seems reasonable.. Let see how it goes but looks good!
-Wait for the candle to close above the blueline with good volume.
-you can follow the analysis on 1H or 2H timeframe, but the important is the volume.
-Go step by step.
*NB:BLUELINE: entry level
GREENLINE : take profit
REDLINE: stop loss
Switched to a Buy once again on the 12H (usually strong) & across all HTFs
Looking for a 1st interaction w/ 125k sats resistance level and if manage to break above it, then '20 highs.. (30%)
Volume for now looking kinda weak so careful..
As you can see in the chart above, ZEN is Extremely bullish on technicals
if we see the ZEN/BTC chart, it obviously has a great potential on both USDT and BTC pairs.
On the other hand
Recently I'm more focused on fundamentals, to
this project has robust technology. It's a...
Good things happening for the Altcoins/Cryptocurrency markets... Today, Horizen (ZENBTC) hit a new high compared to Nov. 2020 after a higher low.
This is great news because it signals that many of the other altcoins will also move higher and hit new highs, which opens the door for even more growth.
This is the same chart I drew on Jan. 10 but updated:...
- 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...
ZENBTC (Horizen) is coming out really strong out of its downtrend with a strong bullish breakout.
The down trendline that started on 25-Nov. is being obliterated today, huge strength and volume which both signals the reversal of a trend... Additional growth can follow for this altcoin pair.
The RSI and MACD are also very telling with a strong curve up......
DISCLAIMER: 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...
ZEN / USDT
Zen is mooning after breakout of trendline resistance
You can check Original signal here :👇
My members bought it early yesterday
(average buy 10.8$ )
Price hit my first target : 11.4$ -- And almost hit second target 12.3 (reached 12.27$) giving us 13.61% profit 🔥 until...
ZEN / USDT
🌟 Techincal Analysis 🌟
ZEN last few days had nice pumps
And after that now is consolidating in traingle pattern
You can buy now with small stoploss (Breaking below)
Or wait for more confirmation and buy the Breakout or after retest
This is not financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹