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.
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ZenCash/ Dollar seems to trading within a more traditional Flag ... currently at the bottom (support) of the previous high
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retest of downtrend ... bounced strongly ... continuation within larger triangle
that seemed to not be the case ... breaking down now. I should have paid attention to the negative divergence on the RSI. I will be buyer at a better price in the not too distant future