Notice the red hammers on the chart, each time EMA50 was challenged, ZENBTC was rejected and move lower.
Now, we are seeing the increasing 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 with a 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 setup.
You can expect Horizen, like other altcoins pairs, to continue to grow.
Thanks a lot for reading.