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Horizen / Bitcoin

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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
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 AlanSantana
3
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.
by AlanSantana
2
ZENBTCBUY BUY BUY BIG OPPORTUNITY DON'T MISS THE CHANCE The best "thank you" will be your likes and comments!.🙏 Check today analysis below Stay safe everyone _____________________________________________________________________________ Before trading our ideas make your own analysis. Thanks for your continued support! _____________________________________________________________________________ Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Long
by KEZU25
Horizen $ZEN long setup$ZEN broke our fiercely out of the bullish descending wedge. I hope that it keep trending above the recently broken resistance and converts it into a support. Fundamental Analysis 1. Privacy coins like $ZEC and $XMR are extremely bullish - $ZEN ecosystem also offers privacy and allows controlling digital footprint. 2. $ZEN halving event is coming up on 30th November. Thats could shoot up the price very high. easily above $10 (87000 sats) 3. Horizen seems to have many announcements and partnerships coming up for their sidechains 4. Markets at the end-of-year are very bullish generally & the USA hoping to pass the stimulus package can push huge money into the market and make this run very high. Technical Analysis 1. $ZEN broke out very hard out of the descending wedge that most people were waiting for. Not only it broke out of the wedge but also thrashed the next horizontal support in just 1 candle. 2. Back in August $ZEN missed the cup and handle breakout opportunity. With tokens halving event upcoming, it can break out of extended cup-and-handle pattern and continue the bullish run
Long
by BearbullsCapital
ZEN/BTC (Retest Recent Low Support?)BINANCE: ZENBTC -Horizen tested the previous swing low at 5560 sat range -We saw a good bounce but currently faces rejection by the trendline resistance -If ZEN will pullback, it will likely to retest the recent low and form a double bottom -A double bottom reversal will only confirm if the trendline resistance is broken up -This will take a few days so please be patient and wait for a safer entry -The ideal stop loss is placed under the green support line -And the upside potential is up to the recent swing top at 9953 sat ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
by PolarHusk
6