$ZEC/USDT 3h (Binance Futures) Symmetrical triangle breakout
Zcash has broken out of that symmetrical triangle which looks like a bullish pennant.
Current Price= 111.00
Buy Entry= 110.21 - 107.97
Take Profit= 114.58 | 120.69 | 128.97
Stop Loss= 103.60
Risk/Reward= 1:1 | 1:2.11 | 1:3.62
Expected Profit= +10.03% | +21.26% | +36.44%
Possible Loss= -10.03%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h
Current Price= 111.00
Buy Entry= 110.21 - 107.97
Take Profit= 114.58 | 120.69 | 128.97
Stop Loss= 103.60
Risk/Reward= 1:1 | 1:2.11 | 1:3.62
Expected Profit= +10.03% | +21.26% | +36.44%
Possible Loss= -10.03%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h
Trade active:
All entries filled
Zcash dipped more than I expected honestly, but bounced back anyway and we are back outside the triangle!
Zcash dipped more than I expected honestly, but bounced back anyway and we are back outside the triangle!
Trade closed: stop reached:
SL hit with -10.06% (2x)
And Zcash went for our Stop Loss after all, too bad, we'll catch it back another day!
And Zcash went for our Stop Loss after all, too bad, we'll catch it back another day!
Since #Zcash broke-down I entered a risky short here...
MANUAL TRADE ONLY
Current Price= 103.45
Sell Entry= 104.04
Take Profit= 82.81
Stop Loss= 111.12
Risk/Reward= 1:3
Expected Profit= +20.41%
Possible Loss= -6.81%
Fib. Retracement= -0.5
Margin Leverage= 1x
Estimated Gain-time= 120h