AlanSantana

Horizen Hits Support (Full Chart Mapped)

BINANCE:ZENBTC   Horizen / Bitcoin
Here we have the chart for Horizen (ZENBTC) fully mapped.

On the chart above we have the most important Fib. levels marked.
Fib. retracement (support) and extension (resistance).

You can look at the "Decision Point" at 0.0006038 to know where prices will be headed next.
  • Below this level, ZENBTC goes bearish (we remain bullish even if prices drop).
  • Above this level, ZENBTC goes bullish.

Since Horizen is now trading near strong support with some early signals showing up, chances are that prices can move up here, still, the 0.0006038 needs to be conquered first for confirmation.

This is not financial advice.
Thanks a lot for your support.

Namaste.


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