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ZEN

ZENUSDT - Descending channel ANALYSIS 🔎 - ZENUSDT is printing a descending channel. - Price is testing the descending channel resistance. - The minor uptrend is supported by an ascending trendline support. POSSIBLE PRICE ACTIONS - Bullish ⬆️: breakout above the descending channel's resistance. - Bearish ⬇️: breakdown below the ascending trendline support. TARGETS 🎯 - Bullish ⬆️: horizontal resistance levels (R1, R2). - Bearish ⬇️: horizontal support level (S1), descending channel support.
by Chibuike_Odoh
Horizen (ZEN) / BTC Main trend.Horizen (ZEN) / BTC Main trend. Falling wedge. The graph is logarithmic. Timeframe 1 week. Pivot zones and target levels are shown on the chart. The first target is the resistance of this formation at about 100%. Also, the resistance of the wedge (main trend) will act as a potential trend reversal zone. If the resistance is broken through and consolidates above it, the main trend will reverse. Fundamental. The industry's first decentralized and fully customizable sidechain protocol that solves the biggest challenges when applying blockchain solutions to real-world use cases. Event. Coin. Mineable. Around December 2, the Horizen blockchain will undergo a halving of the first block reward. This event will take place at block 840,000 in which the block reward will be halved from ZEN 12.5 per block to ZEN 6.25 per block. The remuneration ratio for stakeholder groups will remain the same. Grayscale One of the largest funds, Grayscale, whose assets are estimated at more than $ 10 billion, announced publicly on 20 11 2020 in its official twitter that it has this cryptocurrency in its invest. portfolio in the amount of $ 2.8 million. More precisely, it was shown the assets that the fund has. This is easily verified. On the one hand, you understand that bragging about your crypto portfolio (I do not mean this cryptocurrency), and the overall fantastic balance of the crypto portfolio, can be just manipulation in order to attract the attention and money of investors. In reality, it is quite possible that they have an order of magnitude less cryptocurrencies. But I will say one thing, for such an average liquid altcoin, $ 2.8 million is a lot. I was very surprised that there is this altkin among only the top alt. You need to understand that if they have a position on this alt, even for half the amount, then with this test cryptocurrency everything will be more than all right in the near future, and it does not matter if the project will fail or not. Although if we compare the total balance and the number of other cryptocurrencies, then the position of this coin is "dust". But, it is the public statement that is important. I think that over time they themselves will pump this cryptocurrency to the point of inadequacy. All the assets they have will be pumped up heavily, and the lower the liquidity, the higher the percentage. Grayscale cryptocurrency portfolio in million dollars: 9,658.5 BTC 1.291.6 ETH ETC 76.4 LTC 67.3 BCH 46.4 ZEC 11.3 XRP 10.2 XLM 1.4 Horizen (ZEN) 2.8
by SpartaBTC
12
ZEN - Perfect hits for 130%+, Where do we go from here?ZEN has made dreams come true yet again, if you followed my last idea it was good for an EASY 130% without even catching the retrace!! Check it out below: So where do we go from here? Well obviously after this much growth we expect a retrace, what goes up must come down after-all. Interesting it was growing against btc's dump today, leading me to believe there may be some more short term headroom. That said, indicators point more towards a potential retrace. If it does I expect a decent one as profit taking grips hold, but then we'll probably pop right back up again to higher highs for another 200% for predicted bounce point. Bullish fractal present, heavy up pressure but overbought and TD9 just complete a green sequence, with this candle being candle 0. that means we'll either totally nuts from here, or more likely get a reversal. Either way, there is more headroom on this chart. When it happens, we'll have to wait and see!
Long
by cryptosince1963
5
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.
BINANCE:ZENUSDLong
by Elemont
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.
Long
by MasterAnanda
3
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
BINANCE:ZENUSDLong
by filagotnochill
6
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 ;)
Long
by cryptosince1963
1