zen(horizen)horizen is on imporntant point of chart because if zen can break and hold 0.000763 btc then acoording green way will go to 0.00176 btc else according to red way will go to 0.000403 btc
ZENBTC trade ideas
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
$Zen #Horizen Sitting on long term support$Zen is sitting on WEEKLY support trend line.
Recent series of higher highs and same lows.
4hrly downwards pointing wedge. If this works out, you will literally be BUYING THE EXACT BOTTOM.
ZENBTC is looking very Good on weekly Chart its on Demand ZoneZENBTC is looking very Good on weekly Chart its on Demand Zone
Buying opportunity : 0.00112692
1St Target : 0.00128292
2nd Target : 0.00151170
3rd Target : 0.00181764
Stop Loss : 0.00100576
Risk 10%, Reward: 60% Very Good Ratio
on ZENBTC there Risk rewarding Ratio is Also Very Good
Mid Term Hold.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View
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!
ZENBTC looking for bullish signalsHello, Here's an Idea on the ZENBTC daily chart.
It's been consolidating for some time in this lower channel, but if the price can close a daily candle above the 21 day EMA around 133 then maybe we will go higher.
I'd like to see the price break resistance at 138 and hold up above this longer term trend line.
Horizen is a great privacy coin project with many good people and active development.
ZEN-BTC Long Trade PlanCommodity : HORIZEN
Trade Type : LONG
Trading Against : BITCOIN
Exchange : BINANCE
Entries : Double-UP Entries throughout both the Buy Zones
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Zen has a jump ahead!it has dumped . has a decremental kumo cloud and got far from MA. has build a good starting point to rely on and kijun sen has reached the Candles.
it is going to attack to kumo cloud and cross the MA. it is going to jump based on the mentioned situations and conditions!!
Possible trend reversal approachingAttempt to catch an early trend reversal, trade setup outlined take profits at fib levels gl!
ZEN long on OB'sZEN long on OB's
Zen broke last higher low, it's possible that will go lower.
Time to accumulate.
ZEN Potential Long Trade SetupZEN seems to be forming LH and HH
RSI seems to be bouncing off the support trend line
BUY- 1288-1255
Targets and SL are on the chart
Watch out for BTC volatility.
ZEN ThoughtsZEN
Looking quite good here. Bounce off the yearly low, I think we could target R1 here.
If we pump to R2, then there could be a potential play for buying the retest of R1. Let's see what we get.
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.
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.
