$ZEC/USDT 6h (Binance Futures) Descending trendline breakout

Zcash could totally bounce on that TL retest and continue the bull-run.

Current Price= 240.19
Buy Entry = 238.42 - 231.30
Take Profit= 288.02 | 333.86 | 393.02
Stop Loss= 207.97

Risk/Reward= 1:2 | 1:3.72 | 1:5.93
Expected Profit= +45.48% | +84.54% | +134.96%
Possible Loss= -22.74%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 2x
Estimated Gain-time= 1 month

Trade chiuso: obiettivo raggiunto:

TP1 would have been reached with +45.48% (2x) and +2R

This was the FOMO entry alternative I had in mind for Zcash, but I feared for a stop hunt to be honest.
Too bad, I guess it should have been the call, let's keep an eye on that entry zone anyway!