💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
💟 Market Health (October-22) The market is still very good and Altcoins still have a very good opportunity to continue to increase in the next days. When the market wants to create FOMO, there is usually very little correction, so keep accumulating so as not to lose the opportunity
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.