ZEN from a fundamental point of view they are doing good with the project. They even have a partnership with DIA from what i understood recently. Today ZEN is looking bullish from the TA perspective. Let's see if it can continue to grow to our first target on this chart.
We have some buy signals coming up ! A better confirmation would be outside, into the green zone cheers !
Technical analysis: . Horizen/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price...
Technical analysis: . Horizen/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03900 to 0.03600). if so, traders can set orders based on Price...
Technical analysis: . HORIZEN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.03790 to 0.03320). if so, traders can set orders based on Price...
ZEN is in the $19.5 range atm and enjoying a nice run up. BTC however after several great green days is looking to start consolidating back down to establish a higher low on the daily to confirm a longer time frame up trend. If you are up on ZEN, this could be a good time to take some profit. BTC on the 4H also has the potential to form a H/S pattern for the...