ZEN USD
1D Daily Chart
LOG CHART
Neutral.
-ZEN Is at the top range of a major multi month descending channel.
-Zen is also in the mid range on the upward ascending channel.
A break up the long term descending channel (WHITE) will send ZEN to the top range of the Ascending Channel (Yellow)
Hopefully simple enough to understand, let me know if you have any questions
In the short term future I see 2 paths, normally it would only be one, but I've never seen the Bart Simpson pattern pump/dumps before which is why I made the second path because who knows?
Anyway, Stoch is low, MACD is looking to crossover soon, hopefully at this support.