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Jnsane
Jan 18, 2019 11:20 AM

#ZEN long waited - reversal? Long

Horizen / BitcoinBinance

Description

ZEN is inside a falling wedge, though it doesn't invalidate this trade as I think this is the reversal for a start of uptrend, low circulation supply and low cap how it is I wouldn't be surprised to see it fly. The 200 EMA is above our final target.

Long waited to see ZEN reach this box and good news is the hidden bullish divergence on the daily chart.

If you want to play safe, wait for the break of the falling wedge.

Enjoy !
Comments
hamie101
fib it up
Jnsane
@hamie101, seems quite appealing to me, could have drawn 2 or 3 more :)
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