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Horizen Breaks EMA50 | First Time Since July (70%+)

BINANCE:ZENBTC   Horizen / Bitcoin
Horizen ( ZENBTC ) is now breaking above EMA50 (magenta line on the chart) for the first time since July 2019.

Notice the red hammers on the chart, each time EMA50 was challenged, ZENBTC was rejected and move lower.

Now, we are seeing the increasing volume and a break above EMA10 and EMA50. This signal is only confirmed when the daily candle closes (12 hours from now).

On top of the break of EMA50, we also have a very strong RSI with a MACD that is neutral but ready to print additional growth.

The next target is EMA100 or 0.0005580. Up to 70%+ of profits if ZENBTC hits the main target drawn on the chart.

This is a very strong bullish setup.
You can expect Horizen, like other altcoins pairs, to continue to grow.

Thanks a lot for reading.

Namaste.
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