From ZenCash to Horizen Horizen, known as ZenCash before rebranding, started through a fork of the Zclassic (ZCL) blockchain. Zclassic itself was a fork of the privacy-centric cryptocurrency ZCash ZEC More than just a ZCash ZEC fork Since Zcash is also a privacy-centric crypto, Viglione noted he believes Horizen made a breakthrough in side-chain technology,...
$ZEN Looks like a falling wedge that is breaking up, Volume is kinda low yet, but MACD looks bullish, RSI around 55¬ and going up. Buy signal from the UCTS. I have drew potential targets in the chart. Also falling below the current breakup will cancel the trade. #ZEN #horizen
My favourite coin is reversing. Could it be the bottom or just a reaction for the overall market situation, I don't know. But if it is, it promis some good profits. And I've marked only those that comes in the nearest future. ZEN weekly chart from Bittrex shows it has much more potential.
Thorough technical analysis on Zen/BTC weekly chart
So looking here at the corrective Second Wave that we are experiencing now it appears to me that we have completed the A leg of the 3 subwaves and may begin a B Wave correct that will of course be thwarted at I believe the .5 Fib level prompting the start of the last subwave (C) of the larger corrective wave (2). I have placed that at the breakout support which...
BLUE ARROW indicates EXPECTED Time and Targets Contact me if you need help
ZEN is on the move, we have hammer candle to confirm. Fib levels are targets
Zen obviously wants to break higher. I am observing it quite a few weeks and allways when we get to 13.xx levels, there comes a pump up. The last one was huge (some partnership announced), so I didn´t think we´ll be able to get back here again. Well, we did. It needed to test the accumulation zone with POC included. So I can see two possibilities here : 1- We´ll...
- Strong rebrand with only downward price movement (indicating accumulation) - Bounced on the .618 Fibonacci with strong support - TD9 Buy set-up on the daily chart. - Strong support level from back in april. - Nice doji with strong buy volume follow through. - Double bottom on 4 hour RSI - Expectation of at least a run to the .0026 level for 26% - Will watch for...
Coin ~ Horizen Exchange : Bittrex/Binance BUY : around 200k - 205k SELL : 220k - 240k - 300k - 380k - 520k - OPEN TARGET Stop loss: 178k
Zen is on a huge support and confirming his strength. It´s a great buy right now, but if you like to lower the risk, you can wait for the potentially lower price of 15,5 USD. That seems like the best buy level. We should test the resistance line of the descending triangle around 26 USD, that is 67% gain from a recent price. On the other hand, 13,8 needs to be...
The charts for ZEN are looking good for a long term trade, so let’s take a look and get started right away: Trade instructions for Alan Masters Trades PREMIUM Supporters Buy in: 0.00240 – 0.00254 Targets LONG TERM for Horizen (ZENBTC) by Alan Masters: (1) 0.00292 (2) 0.00328 (3) 0.00388 (4) 0.00184 (5) 0.00553 (6) 0.00641 (All time high) (7) 0.00737 (8)...
All explained on the graph. For more information on Bitcoin BTC , ZenCash (Horizen) ZEN and NEO & GAS look here:
After a non eventful rebrand and news that ZEN would not change their mining algo to rid ASICs, confidence in the project has been lost and is reflected in the recent price.