ZIL/USDT 3h (Binance Futures) Symmetrical triangle on support
#Zilliqa could reversal here, I believe it's a good scalp opportunity!
I expect a bounce to upper-line channel at least, then if breaks up to triangle resistance.
Current Price= 0.01789
Buy Entry= 0.01790 - 0.01770
Take Profit= 0.01827 | 0.01890 | 0.01961
Stop Loss= 0.01733
Risk/Reward= 1:1 | 1:2.34 | 1:3.85
Expected Profit= +10.56% | +24.72% | +40.68%
Possible Loss= -10.56%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 180h
I expect a bounce to upper-line channel at least, then if breaks up to triangle resistance.
Current Price= 0.01789
Buy Entry= 0.01790 - 0.01770
Take Profit= 0.01827 | 0.01890 | 0.01961
Stop Loss= 0.01733
Risk/Reward= 1:1 | 1:2.34 | 1:3.85
Expected Profit= +10.56% | +24.72% | +40.68%
Possible Loss= -10.56%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 180h
Trade closed: target reached:
TP1 was reached very fast yesterday with +10.56 (4x)
After that it dipped several times, that's why I adjusted SL and lowest entry to avoid being stopped.
I also redrew the descending channel a bit and I believe we could still go for higher targets now, hold tight!
After that it dipped several times, that's why I adjusted SL and lowest entry to avoid being stopped.
I also redrew the descending channel a bit and I believe we could still go for higher targets now, hold tight!
