On daily chart, the price action of Polkadot (DOT) has completed the final leg of Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern should be:
Potential reversal or buying zone: $ 4.70 to $ 4.32 Fibonacci projection or sell zone: $ 4.99 to $ 5.72
Stop Loss: The potential reversal zone area that is up to $ 4.32 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio: As per above targets this trade has a profit possibility of 32.4% and as per the above-mentioned stop loss, the loss possibility is 8.1%.