$ZEC/USDT 3D (Binance Futures) Adam & Eve breakout and retest Long
Zcash / TetherUS PERPETUAL CONTRACTBinance
Description
⋅ 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.