From the day it hit the market ZenCash has been in a corrective triangle. I didn't count the sub waves but I am pretty sure that this is a WXYXZ correction judging by the complexity. The price spiked up today by 47% touching the area close to the 0.886 Fibonacci level but fell down quick as it came up. I believe that the price is now going to head down to the triangles support line, and bounce a few times before the correction is over on the support line as a Z wave, which would mean that the price is going to break out from the upside.