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ZEN Trying To Sustain Above EMA-50, May Give Pullback Upto $140Horizen price traded at $118 with a loss of 9.55% in the last 24-hour and 2.02% down in the weekly time frame. Furthermore, Horizen price bounced from the support of $100. In contrast, the market capitalization stands at $1.31 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above the 55-EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $140 in future trading sessions. Resistance: $140 Support: $100
BINANCE:ZENUSDLong
by tcr_thecoinrepublic
Horizen (ZEN) • Final major resistance before next 10xWe are just meeting final structural target based on past PA. I still see this a hold because chances this will do another 10x from where we are. In terms of fundamentals is still strong. Backed by Grayscale, continuous development and growing community. In terms of technicals is still strong. Volumes show steady growing interest but nothing really usual or fomo like volume signatures, major trendlines has not been broken, trading above clouds, consistently trading above weekly averages. I see no reason to sell this coin.
Long
by D7R
8
HORIZEN (ZEN) GREAT POTENTIALHello Traders 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 privacy token, too, with a cross-chain. Recently ETH has a high gas, so all of the scalability tokens started to pump. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too. Goodluck.
Long
by Crypto_MD
10
ZENBTC STRONG CHARTHello traders As you can see in the chart above, Horizen (ZEN) has broken its descending Trendline, and I'm looking forward to seeing it touch the 0.618 Fibonacci level. I will update the Fundamentals and the ZENUSDT on the next Idea. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too. Goodluck.
Long
by Crypto_MD
13
ZEN/USD - Watch this bearish divergence!ZEN has done very well these past few weeks. However, if you are looking to buy longer term, you need to watch out for this massive bearish divergence we have here. RSI + MACD + Volume are all painting a very clear bearish divergence on the daily timeframe with lower highs every time we went higher in price. This shows buying interest is fading and once the momentum flips, price can quick fall down to support. Nevertheless, ZEN can still push higher, but not by much in my opinion before sell pressure will take over and bears will have a party. Levels on the chart. Don't FOMO. :) Like and follow if you liked this idea!
Short
by duonine
6