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ZEN Correction Analysis
Horizen / TetherUS
Long
ZEN Correction Analysis
By Stoic-Trader
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Jan 9
2
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After a beautiful pump, ZEN is now correcting, together with the whole crypto market.
We have already reached typical correction levels (50-61.8% pullback), so I'll be keeping an eye on reversal patterns for long trades.
There a support level in the green zone, around 18-19, which could serve as the platform for a new uptrend.
Chart Patterns
Elliott Wave
Trend Analysis
Stoic-Trader
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