$ZEN/USDT 2D (Binance Futures) Ascending trendline on support
Updated
Horizen is accumulating above 50MA and seems ready to push higher mid-term, probably after a last pull-back!
More information about that hybrid PoW (Proof Of Work) / PoS (Proof Of Stake) blockchain, also a Privacy coin on horizen.io/
Current Price= 80.474
Buy Entry = 78.906 - 71.922
Take Profit= 94.360 | 123.937 | 166.552
Stop Loss= 60.198
Risk/Reward= 1:1.25 | 1:3.19 | 1:5.99
Expected Profit= +25.12% | +64.34% | +120.85%
Possible Loss= -20.18%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 months
More information about that hybrid PoW (Proof Of Work) / PoS (Proof Of Stake) blockchain, also a Privacy coin on horizen.io/
Current Price= 80.474
Buy Entry = 78.906 - 71.922
Take Profit= 94.360 | 123.937 | 166.552
Stop Loss= 60.198
Risk/Reward= 1:1.25 | 1:3.19 | 1:5.99
Expected Profit= +25.12% | +64.34% | +120.85%
Possible Loss= -20.18%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 4 months
Trade active
First entry filledDip caught for Horizen, so far so good, let's keep it this way!
Trade closed: target reached
TP1 reached with +25.12% (1x) and +1.25RHorizen pushed higher as forecast, good thing we entered right on time!
Looks good for more, SL updated to lowest entry (71.922$) to secure the trade.
Trade closed: target reached
TP2 was reached with +64.34% (1x) and +3.19RHorizen legged up hitting 2nd target briefly, unfortunately copy traders were stopped out at 2nd entry on that past wick down to 100EMA!
Congrats if you were still in manually, in that case you made a nice profit, you can move SL to first entry if you want to secure it (78.906$)
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