TradingOn

$ZRX/BTC 4h (Binance Spot) Descending channel breakout & retest

Long
TradingOn Updated   
BINANCE:ZRXBTC   0x / Bitcoin
#0x Protocol broke bullish and seems to be preparing for next move up after that pull-back.

Current Price= 0.00003119
Buy Entry= 0.00003074 - 0.00002990
Take Profit= 0.00003466 | 0.00003725 | 0.00004064
Stop Loss= 0.00002742

Risk/Reward= 1:1.5 | 1:2.39 | 1:3.56
Expected Profit= +14.31% | +22.86% | +34.04%
Possible Loss= -9.49%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Trade closed: target reached:
TP1 reached with +14.31% (1x) and +1.5R

0x followed the projection quite well we must say, and looks ready to continue!


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