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Moonseekers
Apr 29, 2021 9:50 AM

#ZEN - Breaking Out - LONG Long

Horizen / TetherUS PERPETUAL CONTRACTBinance

Description

4 Hour Time Frame Analysis -
Entry - Current Price $120.53
Exit - $133
Stop Loss - $115.18
Leverage - 10 x
Risk to Reward - 3 to 1

After Breaking out of a big bull flag, Zen Has had further consolidation and formed a bullish falling wedge, which it has now broken out of and found support.
Zen is ready to start moving up again and I am long.
Nice 4 hour pin right on support on the break out as well, adding further confluence to the trade.
Best of luck and let me know your thoughts!
Comments
moeinpd
It didn't work. lost 50$.
Moonseekers
@moeinpd, apologies me too, to much dippy
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