ZILUSDT possible break out .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.
