Good risk/reward ratio on this ZILBTC pair. Targets and stop-loss are given.
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- inverted Head and Shoulders on 1H candles
- it's just breaking out of this white trend line
- Phoenix indicator: Positive White Energy AND Green Line above Energy (very good)
- Bitcoin is stabilizing which is good for altBTC pairs
I appreciate if you press a like and don't forget to follow this idea because I will post updates on it.
Comment:
My stop-loss at 173 triggered and right after that, ZIL reversed back up. Grrr. Breakout didn't happen yet so now I'm waiting for it and I may re-enter if there's volume confirmation of breakout.