TradingOn

ZIL/USDT 1h (Binance Fut.) Parallel channel breakout & pullback

Long
BINANCE:ZILUSDTPERP   Zilliqa / TetherUS PERPETUAL FUTURES
#Zilliqa just broke-out bullish and volume increased a lot, time to look up now!

Current Price= 0.01889
Buy Entry= 0.01874 - 0.01850
Take Profit= 0.01916 | 0.01962 | 0.02024
Stop Loss= 0.01808

Risk/Reward= 1:1 | 1:1.85 | 1:3
Expected Profit= +11.60% | +21.48% | +34.80%
Possible Loss= -11.60%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 120h
Comment: Went up as expected but Entry was missed by 0.00005$

That's too bad, I could have used an bit wider buy zone, but still could catch a pullback, wait for it.

Comment: Went for all targets and back down

Unfortunately, entry was missed again by 0.00003$ this time for #Zilliqa, that was so close...
Don't want to FOMO in so I'll wait patiently for a possible bigger pullback!
I see a big symmetrical triangle forming, better keep an eye on it.

Trade active: First entry filled

#Zilliqa finally made it to buy zone and bounced, let's go for targets now 🤞🏼

Always manage the risk accordingly and don't lever too much!
You can follow me on my Telegram channels:
https://t.me/TradingOnHigh (High Time Frame swings >= 4h)
https://t.me/TradingOnLow (Low Time Frame scalps <= 4h)

Comments

These setups are logical, thanks for sharing it.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out