$ZIL/USDT 90m (Binance Futures) Descending triangle breakout
Zilliqa is looking ready for bullish continuation here, up-trend is held by 100EMA so far.
Current Price= 0.12892
Buy Entry= 0.13000 - 0.12570
Take Profit= 0.14808 | 0.17934 | 0.21775
Stop Loss= 0.11163
Risk/Reward= 1:1.25 | 1:3.17 | 1:5.54
Expected Profit= +15.82% | +40.27% | +70.32%
Possible Loss= -12.69%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 240h
Current Price= 0.12892
Buy Entry= 0.13000 - 0.12570
Take Profit= 0.14808 | 0.17934 | 0.21775
Stop Loss= 0.11163
Risk/Reward= 1:1.25 | 1:3.17 | 1:5.54
Expected Profit= +15.82% | +40.27% | +70.32%
Possible Loss= -12.69%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade active
All entries filled and bouncedZilliqa missed first target by only 0.00209$, but I'm confident about it, keep holding!
Trade closed: target reached
TP1 reached with +15.82% (1x) and 1.25Zilliqa kept respecting the ascending trendline support, higher targets are still in play.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.