ZEN is looking for short-term upside#ZEN / BTC ( OKEx, Binance )
Buy Range : 0.0006130
Stop Loss : Daily close below 0.0005755
Target 1 : 0.0006475
Target 2 : 0.0007600
- Nice short-term bullish reversal on ZEN. Price indicators looks like sellers has gone and price could retest the last support ( now resistance )
- Indicators looks bullish. MACD crossing, RSI going up after test lows. CCI green...
- Our target points are the next demand zone for ZEN vs BTC.
- Good overview on the weekly, which show how this coin have more room to the upside with a very good risk/reward
- Perfect market situation for alts
- ZEN vs usd still sideways. So lets go !
More trading signals in my premium channel
GL
ZEN
Horizen Hits Support (Full Chart Mapped)Here we have the chart for Horizen (ZENBTC) fully mapped.
On the chart above we have the most important Fib. levels marked.
Fib. retracement (support) and extension (resistance).
You can look at the "Decision Point" at 0.0006038 to know where prices will be headed next.
Below this level, ZENBTC goes bearish (we remain bullish even if prices drop).
Above this level, ZENBTC goes bullish.
Since Horizen is now trading near strong support with some early signals showing up, chances are that prices can move up here, still, the 0.0006038 needs to be conquered first for confirmation.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Shilling my positions : ZEN BTCFor the series, let's shill my positions today we got :
Pair : Zen BTC
Full name : Horizen
Coin Type / main feature : 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.
The team is working towards releasing the Horizen platform upon the world so that anyone can build privacy-based applications with the option to monetise their creations. This will allow Horizen to bring thousands of real-life services to the mass market.
The platform itself is being built on top of a truly decentralised side-chain based system powered by Horizen’s multi-tier node network. The project utilises a sustainable funding mechanism and intends to empower all ZEN holders with decision making authority via a treasury governance system designed in collaboration with their partners, Input Output Hong Kong (IOHK).
Horizen has one of the largest node networks in the industry with 21,000 reachable nodes across 56 countries, a passionate worldwide community, a team of over 50 professionals, and an ambitious roadmap driven by continuous investments in cutting-edge research and development.
Reason for going Long / Method of trade : Macd divergence
Past history of the same trade type : Divergence of both histogram and macd line produced high bounces (30/50%+)
ZENDESK Earnings Trading Idea | 30th of April 2020ZENDESK will announce its corporate results after the bell today.
It's a good idea to sell 2 put options with $65 Strike Price and expiration date on 15th of May 2020.
So we have a -15% distance loss and if the price is above $65 at expiration we will receive Premium around $170. But if it falls below, we will be able to buy the 200 shares at a lower price as ZENDESK has prospects in the future.
$ZEN, retesting & bouncing from ~78k sats support...$ZEN
Trying to get some traction after retesting & bouncing from ~78k sats support breaking descending trendline from February Highs
No UCTS Buy signal on the Daily but some are showing up on lower TFs
Aiming for an entry as low as possible w/ tight SL could be an option.
#ZEN
Horizen - Identity is a highly valued commodityPrivacy coins continue to be important in cryptocurrency markets.
While most cryptocurrency transactions are traceable on the blockchain, privacy coins utilize a range of protocols to obscure the addresses of transacting parties. Some privacy cryptocurrencies are private by default. Others offer identity-preserving features as an option.
Horizen is a technology platform with optional privacy features that aims to enable an application-rich and inclusive ecosystem to provide people with freedom and everyday usability.
Like other privacy coins, its privacy features are optional, offering both T-Addresses (transparent) and Z-Addresses (private). Z-Addresses utilize zero-knowledge cryptography to allow users to obfuscate transaction amounts and sender and receiver addresses.
BREAKOUT INDICATOR SHOWING STRENGTH FORMING ON HORIZEN
ZEN $0.715 looking VERY chilled outNeeds a nudge, but sitting pretty with strength in the background
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 Very Strong Uptrend | 200%+ Already, More To ComeHorizen (ZENBTC) has been on a very strong uptrend and the charts are telling me that it can go higher.
A low was hit on the 11-October and we can only see bullish action after that.
ZENBTC is now trading above EMA10, EMA50, EMA100, EMA200, and EMA300, conquering all our moving average lines. The chart is 100% bullish.
The MACD is really strong and allows for additional growth.
The RSI is also looking beautiful and supports more growth.
A peak was hit recently and EMA50 tested as support... Watch out for a double top which can lead to a retrace. The chart is bullish but always changing... As long as ZENBTC remains above early Dec. low (orange), we remain bullish.
Thanks a lot for reading.
Remember to hit LIKE!
Namaste.
$ZEN, Crossing over ~90.7k sats resistance on an uptrend move...$ZEN
Crossing over ~90.7k sats resistance on an uptrend movement from ATL BTC values
If continuation happens from here (R/S Flip /Volume), then looking for 11K (20%+) or even EMA200 as targets may be not that crazy.
RSI at overbought / UCTS indicator green across all TFs
#ZEN
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 Bullish Long-Term
ZEN/BTC
Another coin from the series of LongTerm predictions that I have included in my #HODL portfolio.
ZEN is in growing channels, where it gradually creates Higher low. He is currently preparing for another up movement between 8700sats and 9000sats. As one of the few coins, ZEN in the current situation handles very well the price fluctuations of Bitcoin. The ideal re-buy zone is at 6300sats - 6000sats, but when I see how they don't want to let it down, I start to buy it slowly from 6800sats and below. StopLoss in this LongTerm prediction do not solve, because it will be addressed from the perspective of IndraDay trading. For the targets I identified the strongest resistance and Fib. projection 1.618, 2.618, first impulse motion up.