BITTREX:ZENUSD   Horizen / US Dollar
  • - ZEN HAS ONCE AGAIN BOUNCED OFF ITS CRITICAL SUPPORT LEVEL AT ~15$ (GREEN HORIZONTAL LINE)
    - THE PAST TWO DAYS BROKE UP AND THROUGH THE DOWNTREND RESISTANCE FROM PREVIOUS HIGH (SHORTER RED LINE FROM LAST HIGH)
    - THE 10 AND 50 DAY MOVING AVERAGES ARE CONVERGING "THE PINCH+CROSSOVER ( BULLISH SENTIMENT)
    - MACD AND RSI ARE MOVING WITH UPWARD MOMENTUM

    - FIRST TARGET ~$22 (CONSERVATIVE IF VALUE HITS THE LONGER TERM DOWNTREND (LONGER RED LINE)
    - HOPE TO SEE TREND/CHANNEL MOVE UP ALONG THE SHORT GREEN LINE RISING INTO PROFIT AREA
    - MORE BULLISH TARGET IS $22+ AND UPWARDS - ENDING THE OVERALL BEAR TREND
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