FiboWhale

ZILBTC - Potential setup

Long
BINANCE:ZILBTC   Zilliqa / Bitcoin
! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.

- ZILBTC is reaching the top of the parallel channel after a long accumulation at its Bottom.
- I would wait for a pullback towards a monthly level (if it happens) and enter there for a better risk/reward.
- in case it gets really bullish, I would enter a local fib retracement, preferably 618 or a global 382.
- After a breakout, ZILBTC has the potential to rise towards the monthly levels (TP's)

Trading level by level and Risking 1% of the account

#zilbtc #bitcoin #zil #altcoin #technicalanalysis #chart # trading #idea

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