$ZEC/USDT 3h (Binance Futures) Ascending trendline breakdown
Seems like we need to change bias on Zcash, let's try to scalp for short-term correction.
Current Price= 145.49
Sell Entry= 145.48 - 149.68
Take Profit= 136.79 | 124.92 | 111.30
Stop Loss= 158.37
Risk/Reward= 1:1 | 1:2.1 | 1:3.36
Expected Profit= +14.62% | +30.70% | +49.16%
Possible Loss= -14.62%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 1 week
Current Price= 145.49
Sell Entry= 145.48 - 149.68
Take Profit= 136.79 | 124.92 | 111.30
Stop Loss= 158.37
Risk/Reward= 1:1 | 1:2.1 | 1:3.36
Expected Profit= +14.62% | +30.70% | +49.16%
Possible Loss= -14.62%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 1 week
Trade closed: target reached:
TP3 reached with +49.16% (2x) and 3.36R
Zcash went for all targets super fast printing +60.08% max profit, now let's wait for a good buy opportunity.
Zcash went for all targets super fast printing +60.08% max profit, now let's wait for a good buy opportunity.
