TradingOn

ZIL/USDT 1h (Binance Futures) Descending channel near breakout

Long
TradingOn Updated   
BINANCE:ZILUSDT.P   Zilliqa / TetherUS PERPETUAL CONTRACT
#Zilliqa is looking juicy here, a bit risky to enter before breakout confirmation but I'll go for it anyway.

Current Price= 0.01954
Buy Entry= 0.01962 - 0.01948
Take Profit= 0.01991 | 0.02031 | 0.02075
Stop Loss= 0.01919

Risk/Reward= 1:1 | 1:2.11 | 1:3.33
Expected Profit= +11.04% | +23.34% | +36.84%
Possible Loss= -11.04%

Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 6x
Estimated Gain-time= 120h
Trade closed: stop reached:
Stopped with -11%, I definitely should have waited :/
Comment:
ZIL/USDT 2h (Binance Futures) Descending channel on support

Let's give it another try with a bit less leverage!

Trade active:
All entries filled

There was a big sell wall of 5M at 0.01895 but It's shrinking, 2M left now, some big players are buying!
Comment:
Sell wall bought!
Trade closed: target reached:
TP1 with +9.36% (4x) from average entry

This time it went well, let's hold some for higher targets!

Trade closed manually:
Bot closed remaining position at break-even

I won't create a new signal for it because market is too choppy today, better avoid risk.
Anyway, you could give it another try manually with same targets!


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