$ZAMA Approaching the end of the triangle pattern. Expect a breakout soon. Long setup.
Long ZAMA trading plan (5x)
Entry: 0.032 – 0.034
SL: 0.0294
TP1: 0.040
TP2: 0.050
TP3: 0.060
ZAMA is approaching the end of a triangle pattern, and a breakout is expected soon. The 0.032 – 0.034 zone is acting as short-term support, and buying pressure is starting to reappear – a sign that a further upward move may be forming.
The stop loss is placed below 0.0294, a relatively clean area. If this level is breached, the long scenario will be invalidated.
Step-by-step targets: 0.040 → 0.050 → 0.060. Each take profit (TP) is quite far apart (~17-25% from entry), be patient and take profits gradually.
Price is low, percentage volatility can be large. The distance from entry to stop loss is quite close (~8-13%). Enter small orders and cut losses correctly.
We're nearing the end of the triangle, hopefully a breakout will happen soon. Have you entered yet? Comment to discuss! 🚀
Long ZAMA trading plan (5x)
Entry: 0.032 – 0.034
SL: 0.0294
TP1: 0.040
TP2: 0.050
TP3: 0.060
ZAMA is approaching the end of a triangle pattern, and a breakout is expected soon. The 0.032 – 0.034 zone is acting as short-term support, and buying pressure is starting to reappear – a sign that a further upward move may be forming.
The stop loss is placed below 0.0294, a relatively clean area. If this level is breached, the long scenario will be invalidated.
Step-by-step targets: 0.040 → 0.050 → 0.060. Each take profit (TP) is quite far apart (~17-25% from entry), be patient and take profits gradually.
Price is low, percentage volatility can be large. The distance from entry to stop loss is quite close (~8-13%). Enter small orders and cut losses correctly.
We're nearing the end of the triangle, hopefully a breakout will happen soon. Have you entered yet? Comment to discuss! 🚀