Horizen $ZEN Breakout or Bull Trap

ZEN is trading above an 8 month diagonal resistance, and is approaching the 50 day MA. It has fully retraced back to its all-time lows on Bittrex. WIll be very interesting to see if volume comes in and pushes price higher or if this another dead cat / bull trap.
Chart PatternsTrend AnalysisZENBTC

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