ZILUSDT possible break out . Long

Zilliqa / TetherUSBinance

Description

⋅ May 14, 2019 6:16 PM

BINANCE:ZILUSDT

I see a bullish reversal scenario on ZILUSDT chart, including:
- Price broke out downtrend resistance.
- MACD has positive crossover.
- Volume increases day by day.

Following Long (Buy) on ZIL can give quite high reward-to-risk ratio trade.

Buy zone: 0.016 to 0.018
Targets: 0.020 (14%) | 0.022 (25%) | 0.025 (42%) (green boxes)
Stop-loss: Below 0.016 (-8%) (red box)

P/S:
- Target and stop-loss areas as shown in chart.
- 2nd target is highly likely can be reached this week.
- Trade with your own risk.

Comment

⋅ May 16, 2019 1:14 AM

1st target reached.

Comment

⋅ May 27, 2019 5:24 PM

2nd target reached

Trade closed: target reached

⋅ May 27, 2019 5:24 PM

All target almost done, trade closed