ZENUSDT.P trade ideas
Horizen Shows Strength During the Bitcoin Crash - 3 Reasons WhyDespite the recent Bitcoin Crash, I remain bullish on HORIZEN.
Here are my 3 reasons why:
Celsius Network-Horizen Partnership and Listing
One of the main qualities of Cryptocurrency is technological "trustlessness." Through Horizen's partnership with Celsius, Horizen will be able to showcase its technological ability to create a "Proof of Reserves." Simply said, we (the users) will be able to see within the blockchain if Celsius holds the amount of assets they claim to hold. This can also be replicated to other Crypto-Yield-Generating Organizations/Companies, whether CEFI or DEFI. My prediction, is this this will become a standard in crypto that will discourage nefarious practices such as over-reporting of assets and advertising of false financial data.
Another amazing thing about this technology is that it is "Privacy Preserving." This means that for CEFI or institutions that require KYC, depositors can be rest assured that their identity is held in secret and cannot be seen by Horizen or any third-parties.
Lastly, Celsius Network is planning to list ZEN in the future. This will enable one of the biggest HODLer community to buy, hold and earn yield from ZEN . To emphasize the impact of this listing, the Celsius Network Platform holds 21 Billion Dollars in total assets as of writing.
Horizen is Hiring!
For me, one of best indicator for company growth is manpower hiring/recruitment. Recently, Horizen posted job openings in their site which clear sign that the project is growing.
Whales are Buying the Dip
Whales are currently buying the dip at discounted prices. Try superimposing ZEN to BTC and it will show instances where ZEN pumps while BTC dumps.
Horizen Price PredictionThe faucet this one of those popular place of earning cryptocurrency without investment, but currently most of people got scammed in those faucet, as Horizen also running faucet, where user earning Zen coin by just visiting and following steps provided platform, so with having trust this thing will really matter in the future development and keeping this network alive. Network has freedom to use any language to apply consensus protocol while developing the blockchain using SDK suite, so recently Java programmer gets access to SDK beta version for testing, so in short this project is creating possible ways to provide access to most of developer and helping to create their own blockchain.
Horizen Price PredictionThe faucet this one of those popular place of earning cryptocurrency without investment, but currently most of people got scammed in those faucet, as Horizen also running faucet, where user earning Zen coin by just visiting and following steps provided platform, so with having trust this thing will really matter in the future development and keeping this network alive. Network has freedom to use any language to apply consensus protocol while developing the blockchain using SDK suite, so recently Java programmer gets access to SDK beta version for testing, so in short this project is creating possible ways to provide access to most of developer and helping to create their own blockchain.
Jogging moodshhhh... Horizen whispers about money, wolves🔥
There is a great formation of Running flat on ZENUSDT crypto pair.
There was a strong bullish sentiment before and now the price is in a running consolidation.
According to Elliott Waves theory all the waves are coming and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
ZENUSDT is testing 0.618 Fibonacci level The price had a nice breakout from the daily triangle and tested the 4h resistance. Now the price is testing 0.618 Fibonacci level. IF the price will have a breakout from 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ZEN buying opportunityLike to support and follow for more content!
ZEN broke out and is currently retesting the broken level, it is in confluence with the 38.2% of the Fibonacci Retracement. It could go a little bit lower to the 112 major support area which is also the 50% of the Fib. Then we should expect a continuation to the upside, targets:
130
140
150
Support: 117
Resistance: 130
What do you think?
Good luck traders,
NajjarTrading