Hi dear patrons, hope you are well and welcome to the new update on MyNeighborAlice (ALICE) token.
On a 4-hour chart, the price action of the ALICE has formed another harmonic bullish BAT pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Buy between: $15.33 to $14.75
Sell between: $16.72 to $18.81
Stop loss:
The maximum extent of potential reversal zone $14.75 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 27.5 % and the loss possibility is 4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On a 4-hour chart, the price action of the ALICE has formed another harmonic bullish BAT pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Buy between: $15.33 to $14.75
Sell between: $16.72 to $18.81
Stop loss:
The maximum extent of potential reversal zone $14.75 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 27.5 % and the loss possibility is 4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.