ZEC/BTC 12H (Binance) On falling wedge support after fakeout
Zcash is back in wedge and looks ready to grow for mid-term.
I advice you to keep an eye on other privacy coins like Monero & Dash too.
Buy Entry= 0.005004 - 0.004824
Take Profit= 0.005395 | 0.005782 | 0.006196
Stop Loss= 0.004431
Risk/Reward= 1:1 | 1:1.8 | 1:2.65
Expected Profit= 9.79% | 17.66% | 26.09%
Possible Loss= -9.83%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x | 3x | 5x
I advice you to keep an eye on other privacy coins like Monero & Dash too.
Buy Entry= 0.005004 - 0.004824
Take Profit= 0.005395 | 0.005782 | 0.006196
Stop Loss= 0.004431
Risk/Reward= 1:1 | 1:1.8 | 1:2.65
Expected Profit= 9.79% | 17.66% | 26.09%
Possible Loss= -9.83%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x | 3x | 5x
Transaction en cours
Price action following the support downtrend.Note
Told you to keep holding, pumped and got rejected on wedge resistance for now, targets are still valid!Trade fermée: cible de profit atteinte
TP1 with +9.79% from average entry (48.95% in Margin 5x). That was really worth the wait, patience always pays!Trade fermée: cible de profit atteinte
TP2 hit with +17.66%, last target still valid.Trade fermée: cible de profit atteinte
TP3 more than reached with +26.09% and kept going up. I hope you enjoyed that profit, time to close the trade!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.