Hi dear patrons, hope you are well and welcome to the new update on Everex (EVX) token with Bitcoin pair. These days the alts were too bullish therefore no alt was forming any harmonic move on daily charts and the recent trades I posted were executed very soon. Now some alts have started forming harmonic moves and EVX is one of them. On the daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 25 SMA support in the buying zone.
Buying and sell targets: The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be: Buy between: 0.00002274 to 0.00002110 btc
Sell between: 0.00002403 to 0.00002713 btc
Stop loss: The maximum extent of potential reversal zone to 0.00002110 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 28.5% and a loss possibility is 8%.
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.