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Horizen (ZENBTC) Breaks Above EMA10 (Long Term)
Horizen / Bitcoin
Horizen (ZENBTC) Breaks Above EMA10 (Long Term)
By AlanSantana
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Updated
Feb 28, 2019
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Feb 26, 2019
Horizen (ZENBTC) is now breaking above EMA10 on the weekly time frame, which is a very strong bullish signal. Take a look at the chart here:
On this same chart, you can see the RSI coming out of oversold and the MACD curving up strong.
Perhaps you want to hit like now and we can continue with the daily time frame.
Horizen (ZENBTC) Daily Time Frame:
You can use shorter time frames you can confirm signals from longer ones.
On the main chart above, you can see now that ZENBTC is trading above EMA10 and EMA50, with the next target being EMA100 (blue line).
The EMAs are having a bullish crossover and the RSI is at its highest since ZENBTC was added to Binance.
The MACD is only now entering the bullish zone, telling us that there is still plenty of room left available for growth.
Thanks a lot for reading.
Feel free to hit like if you enjoyed this post.
Namaste.
Feb 28, 2019
Note
Trade: Horizen [ZENBTC]
BUY: 0.001190 – 0.001260
TARGETS:
(1) 0.001360 -Reached
(2) 0.001530
(3) 0.001640
(4) 0.001870
STOP: Close daily candle below 0.001090.
Mar 14, 2019
Trade closed: target reached
ALL TARGETS REACHED!
+55% Profits generated.
TARGETS:
(1) 0.001360 -Reached
(2) 0.001530 -Reached
(3) 0.001640 -Reached
(4) 0.001870 -Reached
Enjoy the profits.
Namaste.
alanmasters
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