TradingOn

$ZEC/USDT 3D (Binance Futures) Adam & Eve breakout and retest

Long
TradingOn Updated   
BINANCE:ZECUSDT.P   Zcash / TetherUS PERPETUAL CONTRACT
Zcash is pulling back towards 50MA support where it is very likely to bounce and resume the up-trend.

Current Price= 171.00
Buy Entry= 170.90 - 153.90
Take Profit= 227.44 | 305.44 | 420.52
Stop Loss= 129.65

Risk/Reward= 1:2 | 1:4.38 | 1:7.91
Expected Profit= +40.14% | +88.19% | +159.10%
Possible Loss= -20.12%

Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months

Website: z.cash/

Contracts:
#Mainnet
#BEP20 0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb
#BEP2 ZEC-93E
Trade active:
All entries filled

Zcash is retesting the neckline / 50MA support, let's be patient and wait for the bounce!

Trade closed: stop reached:
SL was hit with -20.12% (1x) and -1R

Zcash lost 50MA support and broke the neckline down, short-term looks tricky but long-term targets remain valid.


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