Horizen (ZENBTC) just produced a very strong 45% bullish breakout: Why is this happening?
Many Altcoins are going through the same.
Many Altcoins are now moving up two and even three digits in a single day, but the question is why?
The Altcoins market is about to enter a very, very strong bullish wave.
There is so much money entering the market through Bitcoin,...
The integration of EON on the EVM brings a new layer of versatility to Horizen, expanding its potential use cases and attracting a more diverse audience. This move could foster increased adoption and interest from the crypto community, especially those already engaged with Ethereum-based projects.
The timing couldn't be better for ZEN/BTC enthusiasts. With this...
We've detected a Resistance Breakout and Confirmation on the $ZEN / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.000696 | 0.000816 | 0.001065 and the major support zones are respectively at 0.000447 | 0.000318 | 0.000069. We may...
We've detected a Resistance Breakout and Confirmation on the $ZEN / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.000696 | 0.000816 | 0.001065 and the major support zones are respectively at 0.000447 | 0.000318 | 0.000069. We may...
In my latest Bitcoin article I mention that the BTC pairings for the Altcoins will undergo a strong correction once Bitcoin starts to move... But this is only valid to the pairs that have been growing since May/June 2022.
You can read the full article below: Bitcoin $21,650 Followed by $26,420 vs Altcoins BTC Pairings
Now, the remaining Altcoins vs Bitcoin...
Continuing along the theme that the best opportunities are found in alt-tokens…
On the above 2-day chart price action has corrected 80% since May 2021. A number of reasons now exist to be bullish , including:
1) The ‘incredible buy’ signal.
2) Regular bullish divergence . Multiple oscillators are currently printing positive divergence.
3) Price action tests...
$ZEN
Making a new YTD high (and above everything since 2018..)
Similar to other charts, showing an ugly candle based on BTC recent activity.
Anyway, retesting breakout level and looking for a flip as signal of continuation..
Willing to take the trade if flip happens
#ZEN
Anything backed by Grayscale is worth paying attention to, and ZEN is one of those projects. One of the biggest ones in terms of privacy and with big backers. Potentially it could be listed on Coinbase and I will also present those coming next on Coinbase based on my opinion. The ZENBTC charts looks a bit like ADABTC before the key breakout (on lower timeframes),...
ZEN had a great recovery looking at the ZEN/BTC chart.
Looking at the support and resistance lines we see that we currently did hit a resistance line.
Since we are extended that much one would think we will see a short term pullback.
We also can see a failed bullish Head and Shoulders pattern.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you...
$ZEN
Nice R/S flip over ~110k sats level and 10% up already on the daily (30% since UCTS 12H buy signal)
Long way to go for this one, not even above this year highs👀
At least aiming for continuation toward ~160k sats seems reasonable.. Let see how it goes but looks good!
#ZEN
ZEN has a lot of new DeFi partnerships and I see it fundamentally bullish. Every market has to cool down regulary. From my personal bullish perspective here is the moment where the chart turns into an uptrend again and surpass 0.000162. As you can see in the chart, here were the highs in the past and the RSI is also bullish.
![ZENBTC: $ZEN/#BTC [#Horizen]: Resistance_Breakout_Confirmation](https://s3.tradingview.com/d/D59e25qx_mid.png "$ZEN/#BTC [#Horizen]: Resistance_Breakout_Confirmation")
![ZENBTC: $ZEN/#BTC [#Horizen]: Resistance_Breakout_Confirmation](https://s3.tradingview.com/y/YnrDBJ4v_mid.png "$ZEN/#BTC [#Horizen]: Resistance_Breakout_Confirmation")
