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Kinashi_San
May 29, 2018 8:31 AM

$ZIL BTC - the FOMO is strong - 120%++ at 1:10 risk/reward Long

Zilliqa / BitcoinBinance

Description

Ladies and gentlemen,

This is an update to my previous idea which was doing well until we broke the structure trend line.



I hope some of you were able to exit right at break as mentioned and still made a little bit from that last trade. Here we see the original idea (prior to the last idea) being developed. You can FOMO market enter here, or wait until the full story unfolds at 1250. Either way, we should expect near 3000 soon. If it doesn't go our way, we need to stop below the .65 zone since it might do .786 which is quite a bit further down

Entries: .00001250 to .00001350
Stop below .0001150
Target: .00002900, take half profit at .00002450, and spread the rest all the way up to .00002900

Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!

Kinashi-San

*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*

Comment

I'm very bullish on ZIL although we should always consider alternative counts. With that said, if we see bearish momentum after reaching 2100, this could be the reason why:

Comments
zherdevaa1987

update please
SloppySeconds
Still to much of a falling knife for me to grab.
Bitwet
Looking good as of now
BENNYBOY999
Bounced off 1360 from what i can see... have gone in
Kinashi_San
@BENNYBOY999, sounds good. Good luck with the trade
BENNYBOY999
@Kinashi_San, Got out , made a little. Bitcoin looking like it might do another Bart Simpson here...
Kinashi_San
@BENNYBOY999, BTC is currently forming a flag continuation
BENNYBOY999
@Kinashi_San, OK, hope so... thanks man
Kinashi_San
@BENNYBOY999, Yep anytime bud
BENNYBOY999
@Kinashi_San, how risky an entry to do you think ZIL would be now? cheers.
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