HARD Protocol formed Cypher pattern for upto 151% profit rally
This idea has been shared as private with complete targets on tradingview, I am also sharing the private chart's link for you but if you like to share with your friends then you can. If you face any problem accessing the chart then do let me know. Thanks
Hi dear patrons, hope you are well and welcome to the new update on the HARD Protocol token.
On the daily time frame chart, the priceline of the HARD token has completed the formation of bullish Cypher pattern and entered the potential reversal zone There is also 50 SMA in the potential reversal zone and 100 simple moving average support below the buying zone.
Buying and sell targets:
The buying zone starts form 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 as below:
Potential reversal or buying zone: $1.2935 to $0.9167
Fibonacci projection or sell zone: $1.5903 to $2.3027
Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss, that is $0.9167.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 151%, and the loss possibility is 30%.
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.
Hi dear patrons, hope you are well and welcome to the new update on the HARD Protocol token.
On the daily time frame chart, the priceline of the HARD token has completed the formation of bullish Cypher pattern and entered the potential reversal zone There is also 50 SMA in the potential reversal zone and 100 simple moving average support below the buying zone.
Buying and sell targets:
The buying zone starts form 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 as below:
Potential reversal or buying zone: $1.2935 to $0.9167
Fibonacci projection or sell zone: $1.5903 to $2.3027
Stop loss:
The maximum extent of potential reversal zone at 0.786 Fib level can be used as stop loss, that is $0.9167.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 151%, and the loss possibility is 30%.
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.