Horizen
ZENUSDT formed bullish BAT | A good long opportunityAfter forming successful BAT pattern the price action has taken bullish divergence more than 10% the priceline of world's 66th ranked cryptocurrency Insolar Horizen (ZEN) has formed 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.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $7.61280 to $7.53763
Sell between: $7.79212 to $8.06659
So this is a very short term 4hr based chart good long opportunity
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Horizen Might Go Massive | Easy 55%+ Short-TermHorizen (ZENBTC) is looking pretty good and has been consolidating up... This is a very strong single.
We can see ZENBTC slowly and steadily growing, this is a sign of strength, the next move can be strong.
The MACD is on the bullish side and also looking pretty good.
The RSI is strong.
The indicators are good and the chart, in general, looks great. This one can easily move higher anytime.
Previous article:
This is not financial advice.
Namaste.
ZEN When to Buy?Zen now build Rounding Bottom , The rounding bottom chart pattern is an indication of a positive market reversal.
You can wait to break 8000 and buy or wait the correction (look at the cahrt) But I think , firstly we will have a Correction and then Zen will go high and Breakout.
The Targets are in the chart , Good luck)).
ZENBTC formed bullish BAT | A good long opportunityPriceline 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)
Today`s ALT!!! ZENBTCBINANCE:ZENBTC
Exchange : Binance
Coin: ZENBTC
Buy Zone: 0.000505~0.00047
Target Point: 0.000526/ 0.000547/ 0.000576/ 0.000624/ 0.00066
S/L: 0.00045
Risk: HIGH
Term: Middle - Long
You should be careful in buying ZENBTC because of Bitcoin
It`s going on Retracement of breaking out Down Trending Channel
There is Hidden Bullish Divergence with Retracement
The Volume is slowly down, it needs more time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
=====================================================================
Horizen Breaks EMA50 | First Time Since July (70%+)Horizen (ZENBTC) is now breaking above EMA50 (magenta line on the chart) for the first time since July 2019.
Notice the red hammers on the chart, each time EMA50 was challenged, ZENBTC was rejected and move lower.
Now, we are seeing the increasing volume and a break above EMA10 and EMA50. This signal is only confirmed when the daily candle closes (12 hours from now).
On top of the break of EMA50, we also have a very strong RSI with a MACD that is neutral but ready to print additional growth.
The next target is EMA100 or 0.0005580. Up to 70%+ of profits if ZENBTC hits the main target drawn on the chart.
This is a very strong bullish setup.
You can expect Horizen, like other altcoins pairs, to continue to grow.
Thanks a lot for reading.
Namaste.
ZENBTC has formed bullish shark on month chart | Upto 941%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 0.00515989
Regard,
Atif Akbar (moon333)
ZEN (Horizen) 80-100% Profit Potential...!!ZEN (Horizen)
- Falling Wedge Breakout Done. (Bullish)
- Volume is Incredible
- RSI Bullish Divergence in Daily Timeframe.
- TK Cross Expected In Coming Days. (Bullish)
- Wait For Trendline Retest For Entry.
- Midterm Targets 1020 - 1288 - 1663 Sats
- Stop Loss Below 6600 Sats Or According to your Risk.
Introduction..!!
Horizen (formerly ZenCash) is an incentive-driven application platform with optional zk-SNARK based privacy features that aims to provide everyone with complete control of their digital footprint. Launched in May 2017 (no ICO and no pre-mine), the leading-edge platform enables real-life use cases beyond the ZEN currency, including the ability to privately chat with others, publish information and go anywhere on the web with complete privacy.
Hit Like On Idea For Support & Follow Me For More Interesting Ideas.
Thanks
ZEN-BTC Long Trade PlanCommodity : HORIZEN
Trade Type : LONG
Trading Against : BITCOIN
Exchange : BINANCE
Entries : Double-UP Entries throughout both the Buy Zones
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
There is a possibility for the beginning of an uptrend in ZENETHTechnical 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 Action and expect to reach short-term targets.
Beginning of entry zone (0.03900)
Ending of entry zone (0.03600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.04420
TP2= @ 0.05170
TP3= @ 0.05780
TP4= @ 0.06390
TP5= @ 0.07260
TP6= @ 0.08360
TP7= Free
There is a possibility for the beginning of an uptrend in ZENETHTechnical 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 Action and expect to reach short-term targets.
Beginning of entry zone (0.03900)
Ending of entry zone (0.03600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.04420
TP2= @ 0.05170
TP3= @ 0.05780
TP4= @ 0.06390
TP5= @ 0.07260
TP6= @ 0.08360
TP7= Free
Horizen (ZEN) | +47% PP | FREE TRADING SIGNALPair: ZEN/BTC
Exchange: Huobi/Binance
Trade Duration: Medium
Risk: High
Signal Strength: High
Introduction
Horizen (formerly ZenCash) is an incentive-driven application platform with optional zk-SNARK based privacy features that aims to provide everyone with complete control of their digital footprint. Launched in May 2017 (no ICO and no pre-mine), the leading-edge platform enables real-life use cases beyond the ZEN currency, including the ability to privately chat with others, publish information and go anywhere on the web with complete privacy.
Our Entry Zone
0.001638 - 0.001792
Our Targets
1: 0.002020
2: 0.002401+
Our Stop Loss: 0.001595
To make sure you don't miss out on any FREE signals, FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button.
If you liked this analysis, hit that thumbs up!
Comment your thoughts below.
And most importantly, enjoy your day!
Axsonex Team
------------------------------------------
DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
$ZEN Testing ~1500sats support zone for the first time....$ZEN Testing ~1500sats support zone for the first time after breakout... Could be a good entry for a long position if current level hodls...
UCTS Buy signal on the 6H
Crossing over EMA50/100
Starting to cross over Ichi Cloud
Volume low for now...
targets on chart
#ZEN
EMA200 target reached after Inverse H&SUpdate on $ZEN $Horizen, Since our tweet about the Inverse H&S this asset just went up but with low volume.
Rejected at EMA100, today spike in volume pushed it up to EMA200 (Around 40% from entry).
Overall looks good, both RSI & MACD.
I think we can try a higher target for now #ZEN
ZEN-BTC Long Trade PlanCommodity : HORIZEN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 4% to 15%
Prospective Loss : 2.5%
RRR : SL to TP1 is 1.6, SL to TP2 is 3 , SL to TP3 is 4.3 and SL to TP4 is 5.9
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
There is a possibility for the beginning of an uptrend in ZENETHTechnical 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 Action and expect to reach short-term targets.
Beginning of entry zone (0.03790)
Ending of entry zone (0.03320)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.04420
TP2= @ 0.05170
TP3= @ 0.05780
TP4= @ 0.06390
TP5= @ 0.07260
TP6= @ 0.08360
TP7= Free
Horizen (ZENBTC) Breaks Above EMA10 (Long Term)Horizen (ZENBTC) is now breaking above EMA10 on the weekly time frame, which is a very strong bullish signal. Take a look at the chart here:
On this same chart, you can see the RSI coming out of oversold and the MACD curving up strong.
Perhaps you want to hit like now and we can continue with the daily time frame.
Horizen (ZENBTC) Daily Time Frame:
You can use shorter time frames you can confirm signals from longer ones.
On the main chart above, you can see now that ZENBTC is trading above EMA10 and EMA50, with the next target being EMA100 (blue line).
The EMAs are having a bullish crossover and the RSI is at its highest since ZENBTC was added to Binance.
The MACD is only now entering the bullish zone, telling us that there is still plenty of room left available for growth.
Thanks a lot for reading.
Feel free to hit like if you enjoyed this post.
Namaste.