ZEN Cash (ZEN) Breaking Out! Repeat of the PopCorn Symphony??

SUMMARY

The Zen Cash (ZEN/USD) is under influence of "All the Same Market" sentiment. Pattern, form, Elliott Waves and MACD are reflecting the similar type of confluence and price has already broken out of the upper blue resistance line. MACD has also broken out. Just like in the Fall of 2017; we saw one Altcoin after another popping....in the beginning, there were only a few early pops and then just like the peak of popcorns popping in the microwave; Altcoins started popping in concert! Could we get the same repeat?

Wave 4 of the first setup of five up is due. As shown in the below chart, 4 should coincide with the breakdown of a small upward pointing wedge.

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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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