jimjames244

Bull Flag on ZENCash

Long
BITTREX:ZENBTC   Horizen / Bitcoin
This is appears to be a Pennant continuation pattern after breaking positively from the previous consolidation.
I view ZEN as a long-term investment and ultimately a dominant player in the privacy coin space, and as such it offers value at these levels.
As unique from other privacy coins, ZEN offers end-to-end encryption.

Comment:

ZenCash/ Dollar seems to trading within a more traditional Flag ... currently at the bottom (support) of the previous high
Comment:
retest of downtrend ... bounced strongly ... continuation within larger triangle
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