Pair: ZEN/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
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.
Technical Analysis
- Descending Triangle
- Bullish Divergence
- Volume Spikes
- Oversold
- SQZ Signalling End Of Bearish Momentum
Our Entry Zone
0.001080 - 0.001200
Our Targets
1: 0.001400
2: 0.001800
3: 0.002400
4: 0.003200
Our Stop Loss: 0.000990
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Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.