Skyrex

ZECBTC High risk but profitable opportunity

Long
Skyrex Updated   
BINANCE:ZECBTC   Zcash / Bitcoin
The price penetrates Ichimoku cloud where the lines intersect each other. Moreover the green cloud is above the red which means the trend reversed and our buying zone acts now like a strong support.

At the 4-hour timeframe there is Bullish XABCD pattern which can help to break through descending triangle. Nevertheless there is no strong fundamental and technical background for subsequent growth, indicators are bearish. There should be a downtrend to the triangle zone again when the price reaches all our target.

However mentioned at the chart bounce can bring a good profit in the short term

4 signals including ZEC and BAT were posted in the Premium channel 2 hours ago. The rest 2 signals are kept in secret as the are based on insider info and can bring huge x2-3 gains. Do not miss the opportunity
Trade closed manually:
Close the position near to the edge of the triangle. There is not enough volume to break out

Profit: 3 %
Trade active:
Breakout has happened after consolidation the position can be considered for reopening around 0.0179
Trade closed: target reached:
The coin has reached our last target after consolidation at the suggested zone after breakout

Profit: 14.3%
Duration: 4 Days

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