This ZEN coin one-hour candlestick chart is really dull to watch
Opening price $9.85, closing price $9.75, peaked at $10.68 and then dropped, the lowest fell to $9.72, prices are bouncing up and down. Trading volume 24265, significantly increased, indicating that both buyers and sellers are trading.
MA7 line $9.57, MA30 line $9.43, the price is moving down closely along the moving averages, short-term trend is downward. EMA7 line $9.61, EMA30 line $9.47, short-term moving averages are below long-term moving averages, short-term downward momentum is obvious.
MACD directly at 0.12, both DIF and DEA are above water, bullish strength is clearly dominant. The KDJ indicator is even more exaggerated, K line 82.47, D line 70.04, J line 107.33, all in the overbought zone, theoretically it should correct, but without volume support it just won't.
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