cryptosince1963

ZEN - Confirmed Breakout? Looks like it!

Long
BINANCE:ZENUSDT   Horizen / TetherUS
Zen has been seeing a spot of a downward wedge, ever since giving up the gains a couple weeks ago. We're seeing what looks to be a breakout from this wedge.

This could be pointing to a potential bullflag scenario, in which case the flag is looking like it's about to pop.

MACD is showing it's first bullish deviation in some time.

RSI is not overbought, but we can see the potential for short term reversal or retrace.

Volume confirmation on breakout so far.

This is looking like good breakout play. If you know how to trade a breakout, you know what to do here. If you don't, I suggest looking into it fast ;)
Comment:
Turns out this is my world and you're just living in it. Enjoy the show.
Comment:
almost hit all tp's in one day :)
Comment:
hit em all :)

Come hang out with me on telegram, it's free and I won't be too mean too mean to you:

t.me/KadnimCrypto
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