Thoughts on #ZEN
$ZEN is trading inside a descending channel and currently consolidating near the mid-level support. I'm looking for a reclaim of this level as the first sign of strength, which could open the door for a move toward the channel's upper boundary.
A breakout above the upper trendline would be the next bullish confirmation. Until then, watching how $ZEN reacts around the mid-level before looking for a long entry.
$ZEN is trading inside a descending channel and currently consolidating near the mid-level support. I'm looking for a reclaim of this level as the first sign of strength, which could open the door for a move toward the channel's upper boundary.
A breakout above the upper trendline would be the next bullish confirmation. Until then, watching how $ZEN reacts around the mid-level before looking for a long entry.
