Long | ZENNYSE:ZEN
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
ZEN
Horizen ZEN - The Path to $100- 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 of a regulatory target vs XMR and more flexible and useful.
- Horizen is supported by Grayscale who openly advertise their Horizen Trust to investors. This platform will continue to drive further demand into ZEN.
- $100 Horizen would = $800m market cap (at current supply). Well and truly within reason as I expect this coin to surpass $1bn in market cap eventually.
- $33 is major resistance, with blue sky after that breaks, towards $100.
Crypto Coins Watchlist for Next Long Run 20210111Crypto Coins Watchlist for Next Long Run which might have Good Performance
BTICOIN, TOMO Tomochain, SOL Solana, AVAX Avalanche, MKR Maker, NEO, IOST, ZEN Horizen
BTCUSD TOMOUSD SOLUSD AVAXUSD MKRUSD NEOUSD IOSTUSD ZENUSD
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Horizen (ZEN) Strong Breakout, Down Trendline BrokenZENBTC (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... Trending higher.
Since we ended up with a higher low compared to the 20th of November, we can expect a higher high to hit next... This means, that prices will go to 0.0010291 and beyond.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Horizen (ZEN) • Underrated privacy-chain backed by GrayscaleHorizen is a privacy-chain and sidechain tech that is backed by Greyscale ( grayscale.co)
More info on ZEN: www.horizen.io
At the date of this video remain in near top 100# which I think is under everyone's radar and extremely undervalued if you pay attention to what they are doing.
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 9: HorizenDISCLAIMER: 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 everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Horizen:
Projected ROI on Log Scale: 2163% or more
Projected Price Target: 227
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 20X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for Horizen is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
Horizen will be the monopoly to develop blockchain applications for privacy-focused enterprises. It will be an industry standard.
www.horizen.io
Grayscale crypto hedge fund, largest crypto hedge fund by asset management, backs it, Here is the investment research report:
grayscale.co
To understand it's vision watch this interview with its founder: youtu.be
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
www.horizen.io
grayscale.co
decrypt.co
Don't forget to like this if this helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about NEAR
ZEN - Confirmed Breakout? Looks like it!Zen has been seeing a spot of a downward wedge, ever since giving up the gains a couple weeks ago. We're seeing what looks to be a breakout from this wedge.
This could be pointing to a potential bullflag scenario, in which case the flag is looking like it's about to pop.
MACD is showing it's first bullish deviation in some time.
RSI is not overbought, but we can see the potential for short term reversal or retrace.
Volume confirmation on breakout so far.
This is looking like good breakout play. If you know how to trade a breakout, you know what to do here. If you don't, I suggest looking into it fast ;)
ZEN hit my TP1 and heading for next !!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 now
price still in momentum and still looks heading for next targets
Good luck 🤞 👍
Zen - Zendesk - Buy Rating - Sitting on Multiple SupportZen sitting on multiple support here.
Stop $130
ZEN / USDT Breakout soon ?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 🌹
Horizen (ZEN) Goes For 125% In Just 3 Days... Patience pays!Look at Horizen (ZENBTC), it has grown by a massive 125% in just 3 days... We can expect similar bullish action, from many other altcoins.
Here we also have the "W" pattern with a higher low just as we looked at before... I told you they all do the same.
What you are seeing now, we will be repeated over and over again.
This is only the beginning since just three days ago this pair was trading near all-time lows.
You can have months of bearish action deleted in just a few days...
Patience is the key to win lots when we trade.
Namaste.
ZEN Price ExplosionAfter breaking through the resistance with force, we now have to see if there is some meat to this pump, or whether it was just a classical pump & dump.
ZEN Definitely has the potential, so to know from a technical analysis point of view whether this pump is stable, I want to see some support at the $8 level where it previously found resistance.
The next place where I'd like to see support is around the $9 level to understand whether the new price boost for ZEN is here to stay, or just there temporarily.
ZENUSDT AnalysisAt this moment, there are 3 BUY signal present and I'm BULLISH .
Also, the risk-reward ratio is higher than 1 so if you want, you can buy right now.
If you haven't bought yet, you can buy when candles are on down trendline.
If you are holding ZEN right now, you can sell when there's a sell signal from EngineeringRobo or you can take profit at the resistance level (7.20)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.