DENT has formed Gartley pattern | A good long opportunity
Hi dear patrons, hope you are well, and welcome to the new update on the Dent token.
On a 4-hour chart, the price action of the DENT token 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: $0.01015 to $0.009655
Sell between: $0.01054 to $0.01146
Stop loss:
The maximum extent of potential reversal zone: $0.009655 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 18% and the loss possibility is 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 a 4-hour chart, the price action of the DENT token 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: $0.01015 to $0.009655
Sell between: $0.01054 to $0.01146
Stop loss:
The maximum extent of potential reversal zone: $0.009655 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 18% and the loss possibility is 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