ZEN
ZENUSDT formed bullish BAT | A good long opportunityAfter forming successful BAT pattern the price action has taken bullish divergence more than 10% the priceline of world's 66th ranked cryptocurrency Insolar Horizen (ZEN) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $7.61280 to $7.53763
Sell between: $7.79212 to $8.06659
So this is a very short term 4hr based chart good long opportunity
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Horizen Very Strong Uptrend | 200%+ Already, More To ComeHorizen (ZENBTC) has been on a very strong uptrend and the charts are telling me that it can go higher.
A low was hit on the 11-October and we can only see bullish action after that.
ZENBTC is now trading above EMA10, EMA50, EMA100, EMA200, and EMA300, conquering all our moving average lines. The chart is 100% bullish.
The MACD is really strong and allows for additional growth.
The RSI is also looking beautiful and supports more growth.
A peak was hit recently and EMA50 tested as support... Watch out for a double top which can lead to a retrace. The chart is bullish but always changing... As long as ZENBTC remains above early Dec. low (orange), we remain bullish.
Thanks a lot for reading.
Remember to hit LIKE!
Namaste.
$ZEN, Crossing over ~90.7k sats resistance on an uptrend move...$ZEN
Crossing over ~90.7k sats resistance on an uptrend movement from ATL BTC values
If continuation happens from here (R/S Flip /Volume), then looking for 11K (20%+) or even EMA200 as targets may be not that crazy.
RSI at overbought / UCTS indicator green across all TFs
#ZEN
Horizen Might Go Massive | Easy 55%+ Short-TermHorizen (ZENBTC) is looking pretty good and has been consolidating up... This is a very strong single.
We can see ZENBTC slowly and steadily growing, this is a sign of strength, the next move can be strong.
The MACD is on the bullish side and also looking pretty good.
The RSI is strong.
The indicators are good and the chart, in general, looks great. This one can easily move higher anytime.
Previous article:
This is not financial advice.
Namaste.
ZEN When to Buy?Zen now build Rounding Bottom , The rounding bottom chart pattern is an indication of a positive market reversal.
You can wait to break 8000 and buy or wait the correction (look at the cahrt) But I think , firstly we will have a Correction and then Zen will go high and Breakout.
The Targets are in the chart , Good luck)).
ZENBTC Bullish Long-Term
ZEN/BTC
Another coin from the series of LongTerm predictions that I have included in my #HODL portfolio.
ZEN is in growing channels, where it gradually creates Higher low. He is currently preparing for another up movement between 8700sats and 9000sats. As one of the few coins, ZEN in the current situation handles very well the price fluctuations of Bitcoin. The ideal re-buy zone is at 6300sats - 6000sats, but when I see how they don't want to let it down, I start to buy it slowly from 6800sats and below. StopLoss in this LongTerm prediction do not solve, because it will be addressed from the perspective of IndraDay trading. For the targets I identified the strongest resistance and Fib. projection 1.618, 2.618, first impulse motion up.
Horizen - possible profit 165% - 265 %Hi Traders, ZEN/BTC broke the trend line from 2018 and retest, possible profit 165% - 265 %. Prepare reserves for possible re-purchases and menegment positions. All target price, are written in. Collect profits on the way up, trading with reason( 4-8% of portfolio). GL , HonorDeal
ZEN/BTC - Clearing the Bottom?Very little overhead pressure (small pink maybe) until about 7900 sats and that's 44%, also supported by the IchCloud.
Next resistance is 100% (higher pink).
ZEN broke and held the 100MA (blue MA), and a steady gradual growth, coming off a potential "bottom" cleanly with no square up's below.
Lots of marketing and interviews being pushed.
Easy place to hide a SL under at 11-12% under the 50MA (yellow) but even 10% puts you just under every wick since Oct 29th.
Need some Vol to help support but great R:R from here.
Today`s ALT!!! ZENBTCBINANCE:ZENBTC
Exchange : Binance
Coin: ZENBTC
Buy Zone: 0.000505~0.00047
Target Point: 0.000526/ 0.000547/ 0.000576/ 0.000624/ 0.00066
S/L: 0.00045
Risk: HIGH
Term: Middle - Long
You should be careful in buying ZENBTC because of Bitcoin
It`s going on Retracement of breaking out Down Trending Channel
There is Hidden Bullish Divergence with Retracement
The Volume is slowly down, it needs more time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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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.