Hi dear patrons, hope you are well and welcome to the new update on the Dego Finance token with BTC pair.
On 4-hour chart, the price action of DEGO has completed the formation of another bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.0003515 to 0.0003220 btc
Sell between:0.0003747 to 0.0004305 btc
Stop loss:
The maximum extent of potential reversal zone: 0.0003220 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 33% and the loss possibility is 8.5%.
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 4-hour chart, the price action of DEGO has completed the formation of another bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.0003515 to 0.0003220 btc
Sell between:0.0003747 to 0.0004305 btc
Stop loss:
The maximum extent of potential reversal zone: 0.0003220 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 33% and the loss possibility is 8.5%.
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