ZEN has being rejected from the 110$ zone, if it couldn't conquer this zone, it will have a big fall to 80$ zone or even 50$ zone in early June. But if it could conquer this 110$ zone, it will move up to 140$ zone and 170$ zone easily

📈RED PLAN
-Buy: 78-82$ if A. SL if B -Buy: 48-52$ if A. SL if B
📉BLUE PLAN
-Sell: 107-113$ if B. SL if A -Sell: 78-82$ if B. SL if A
🟣PURPLE PLAN
-Buy: 107-113$ if A. SL if B -Sell: 136-144$. SL if A -Sell: 166-174$. SL if A
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Horizen aims to build a Proof-of-Work (PoW) cryptocurrency, with a Proof-of-Stake (PoS) sidechain platform enabling fully customizable decentralized applications.
  • The system has a Bitcoin-like blockchain at the core, with Equihash Proof of Work featuring a delayed block penalty algorithm for additional security.
  • The sidechain platform includes a Proof-of-Stake consensus mechanism, and a suite of developer tools and a User Interface made available in the sidechain software development kit that abstracts away the complexities of blockchain construction, deployment, and maintenance.
  • The Cross-Chain Transfer Protocol ("CCTP") allows a decoupled sidechain network independent of consensus, programming language, or any other design detail in the sidechains.
  • The Horizen coin (ZEN) is used for staking and as gas fee in the ecosystem.