On a daily tf, ZEN broke above resistance and started to drop. The white box aligns with the 0.5 to 0.618 fib level, while also being a level of former resistance. Hence, I look for price to find support somewhere within the white box and once HH form on a smaller tf, I will long ZEN and target last swing highs first.
Always assuming that BTC will not make a major move.
Always assuming that BTC will not make a major move.