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ZENBTC

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.
Long
by AlanSantana
ZENBTC same cycle likely to repeat again| Upto 803% potentialLets have a brief look at the ZEN with Bitcoin pair: Then: In the month of Jan 2019 the MACD turned strong bullish before golden cross of 25 simple moving average with 50 simple moving average. In the month of Feb 25 SMA crossed down the price action and formed a golden cross with 50 SMA and pushed the priceline to the resistance of channel. Now: The same cycle is likely to repeat again. 25 SMA again crossing down the price action to form a golden cross with 50 SMA which will push the price action to breakout the resistance. 100 SMA is ready to form a golden cross with 50 SMA in case of breakout from the resistance of channel which will produced more powerfull bull thrust that can push the price action even beyond the 0.786 fibonacci (the end of sell zone is i have defined on chart). Volume profile of complete channel is showing very low interest of traders below the support of channel. I have defined Fibonacci sequence to set the sell targets as below: Sell between: 0.0018685 to 0.0034417: Regards, Atif Akbar (moon333)
Long
by moon333
2
Horizen ZEN is DASH-ified ZCash ZECHorizen ZenCash was launched in May 2017 as a privacy-oriented digital currency ecosystem built on zk-SNARKs (“Zero-Knowledge Succinct Non-Interactive Argument of Knowledge”), an innovative cryptographic technique first introduced by the ZCash ZEC team. Building upon the ZCash team’s core focus Horizen aims to create a high-performing platform for money, messages and media by directly integrating ZEN (the native currency of the Horzen ecosystem) into a suite of privacy-focused applications. In an effort to “Dashify Zcash” by adding governance and self-funding elements to zero-knowledge proof-based cryptographic transactions, replacing Zcash’s “founder’s reward” system of paying a single company from a percentage of the block reward to introducing voting for a treasury, and therefore a greater degree of decentralization and budget flexibility by becoming a DAO, or decentralized autonomous organization. This also introduces an incentivized infrastructure of paid nodes, like Dash’s masternodes, improving the robustness of the network by ensuring proper hardware and bandwidth for nodes. This follows the DAO infrastructure pioneered by Dash, which has become more common in newer cryptocurrencies. Bitcoin metamorphosised Bitcoin introduced the concept of scarcity and solved the “double-spend” problem by incentivizing miners to participate honestly in block creation. However, the system was not programmed with explicit incentives for other key stakeholders, such as investors, network users, or node operators. The Horizen team embedded modified incentives targetted to these groups. The new policy allows holders of ZEN to operate secure and supernodes in which they can “stake” (i.e., lock-up) ZEN to earn a portion of the block reward. You can think of staking like earning cash interest payments on bonds or other credit instruments, except in this case, the interest is earned directly in the form of ZEN. medium.com
BITTREX:ZENUSDLong
by warrenhochfeld
1
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
Long
by Faibik
2
Bitcoin 2.0- Put your faith in Zooko Wilcox-O'Hearn Supplement to: ZECUSDT/6QOHSMU5-ZCash-buy-in-opportunity Privacy coins occupy a function within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider essential. Bitcoin itself is often incorrectly referred to as an anonymous way of transferring value. Security experts call it pseudonymous privacy, like writing books under a codename. You can preserve your privacy as long as your wallet address is not linked to you. 1- Privacy solved with leading technology Originally based on Bitcoin Core's battle-tested codebase, ZCash was able to capitalize on the privacy issues of Bitcoin and forked its codebase so that there are now two types of transactions on its blockchain: shielded (using zk-SNARKS) and unshielded (just like on the original Bitcoin blockchain), making privacy an option for its users. zkSNARKs are the most exciting/interesting way (as Vitalik or Snowden would say) to make blockchains private. 2- Efficient, usable, widely supported Zcash is a fast, reliable and inexpensive way to send money or digitally purchase goods and services. It is also supported by all the top exchanges and wallets. For a detailed list see Figure 1 here: imgur.com 3- Multisignature transactions Zcash supports transactions that require multiple signatures. This means that a transaction may require two or more parties to agree to the transaction before funds are sent. 4- A world-class team ZCash is led by Zooko Wilcox-O'Hearn, a world class computer security specialist. The team has by far the most expertise in zero-knowledge cryptography, it's natural that they are looked to and respected. 5- The Controversial Founders’ Reward 10% of the eventual monetary base goes to the founders so that there is continued incentive and continued resources for the founders to improve the value of the coin. I am backing Edward Snowden in the logic that a reward is important to attract the best minds to work on the Zcash project. Consistent payment of the developers allows them to discover issues and patch them before they can be exploited by opportunistic parties. Whilst this is open to debate, a steady budget should help push things forward with development and education. 6- Exposure: Zcash for Institutional Investors and Family Offices There are a variety of potential market participants, among them hedge funds, venture capital firms, high-net-worth individuals, and pension funds that now have financial options available: Custodians: hold your Zcash for you to help minimize the risk of lost keys or theft Investment vehicles: allow investors to gain exposure to Zcash without having to hold it themselves. Trading firms: offer access to counterparties for the purpose of large over-the-counter (OTC) trades. For a detailed list of some of the big names involved see Figure 2 here: imgur.com 7- Progressing towards becoming audit and regulation friendly In the world of cryptocurrencies and digital assets, which by default are intangible, trust, risk management and reasonable assurance are key. In the crypto market there is a huge problem with market integrity and with consumer protection. Music to the ears of regulators is that payment disclosure and special "viewing keys" can be used to share transaction details with trusted third parties for compliance or audits or to comply with regulatory requirements. 8- Audited meticulously Zcash is going to great lengths to make sure their code is world-class by ensuring world class cyber security audits by third parties. This separates Zcash from 99% of all other cryptos out there. For more information on cyber security audits please see the respective reports at Kudelski Security, NCC Group, QEDi and Coinspect Additional positive quantitative data: Figure 3: Stacked Daily ZCash Exchange Volume_ZCash Market Capitalization: imgur.com Figure 4: Realized Market Capitalization vs Market Capitalization_ ZCash Undervalued imgur.com
BITFINEX:ZECUSDLong
by warrenhochfeld
1
ZEN Setup ready! Only 1:8 Risk for this one!Trading Signal - BUY My buy price - 1121 My (Trailing) Profit Take - 1200** My (Trailing) Stop Loss - 1100 **Trades are valid for about 8-12x the Timeframe (e.x 30min = 4-6 hours valid) after that, anything can happen. For both my Profit / Stop I use a so called Trailing Profit Take or Trailing Stop Loss to Maximize my ROI! This is made possible by 3Commas.io A very easy to use solution for automated trading. If you want to contribute please use my referal link 3commas.io -10% Discount on the first purchase of subscription. When you do, I'am always available for questions! Take a look at My Twitter and follow for direct notifications of new signals!
Long
by Riptonair
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.
by Axsonex
1
ZENBTC Price Analysis: ArisingHorizen has been laying low, but some key announcements reignited interest in the project. Horizen has a bullish short-term bias against BTC, with the ZEN / BTC pair correcting back towards the April monthly trading high ZEN / BTC pair has a bullish medium-term trading outlook A large inverted head and shoulders pattern is present across the daily time frame Horizen / Bitcoin Short-term price analysis ZEN has a bullish short-term trading bias against BTC, with the ZEN / BTC pair trading well above its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that the ZEN / BTC pair is gaining bullish trading momentum and attempting to correct back towards the April monthly trading high. Technical indicators are bullish on the four-hour time frame, although they are starting to appear overstretched. Pattern Watch Traders should note that an inverted head and shoulders pattern will form on the four-hour time frame if bulls move price back towards the April trading high. Relative Strength Index The RSI indicator on the four-hour time frame is bullish, although it has moved into overbought territory. MACD Indicator The MACD indicator on the four-hour time frame is also bullish, although it is starting to appear overstretched. Fundamental Analysis In April, Horizen partnered with Horizen Labs which has raised 4$ million from Digital Currency Group (DCG) and Liberty City Ventures. Horizen Labs will be working with businesses to help them build their own sidechains on top of the Horizen’s public blockchain. This is likely the reason why ZEN’s price has been growing for the past several weeks. Horizen / Bitcoin Medium-term price analysis ZEN has a bullish bias against BTC over the medium-term, with the ZEN / BTC pair trading back above its 200-day moving average. The daily time frame shows a large inverted head and shoulders pattern, with buyers rallying the ZEN / BTC pair back above the neckline of the bullish pattern. Technical indicators across the daily time frame are currently rising and issuing a strong bullish signal. Pattern Watch Traders should note that the November 18th, 2018 swing high is the overall upside target of the inverted head and shoulders pattern on the daily time frame. Relative Strength Index The RSI indicator is also bullish on the daily time frame, although it is approaching overbought territory. MACD Indicator The MACD indicator is bullish on the daily time frame and is currently generating a strong buy signal. Fundamental Analysis Horizen looks interesting on the fundamental level. It has a good development team and plans a number of technological improvements to its platform in 2019. Along with Horizen Labs the project can potentially increase the level of adoption of its platform, which can have a positive effect on the value of the network in the medium term. Conclusion ZEN is growing increasingly bullish against BTC over both time frames as the cryptocurrency attempts to recover from last month’s trading losses. If bulls can maintain the bullish momentum and continue to rally the ZEN / BTC pair, a much stronger rally towards the November 18th swing high may occur.
Long
by IgorPorokh
1