After breaking through the resistance with force, we now have to see if there is some meat to this pump, or whether it was just a classical pump & dump.
ZEN Definitely has the potential, so to know from a technical analysis point of view whether this pump is stable, I want to see some support at the $8 level where it previously found resistance.
The next place where I'd like to see support is around the $9 level to understand whether the new price boost for ZEN is here to stay, or just there temporarily.
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Trading-Guru
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Trading-Guru
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How would you have charted this? Feel free to post a link to your own idea here as well
Trading-Guru
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I’m curious to hear your thoughts! Let’s make use of the fantastic tradingview community and give each other feedback.