Hi dear friends, hope you are well and welcome to the new trade setup of Marlin (POND) token.
On a weekly time frame chart, POND has formed bullish Garltey move.
Buy and sell targets:
Buy between: $0.0746 to $0.0443
Sell between: $0.1171 to $0.1621
Stop loss:
Below $0.0443, but there is also strong support at $0.062, therefore, in order to reduce the loss ratio, we can use this support as stop loss rather than using $0.0443.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 265% , and loss possibility is 40.62%, but in order to reduce the loss ratio we can use the support of $0.062 as stop loss.
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 weekly time frame chart, POND has formed bullish Garltey move.
Buy and sell targets:
Buy between: $0.0746 to $0.0443
Sell between: $0.1171 to $0.1621
Stop loss:
Below $0.0443, but there is also strong support at $0.062, therefore, in order to reduce the loss ratio, we can use this support as stop loss rather than using $0.0443.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 265% , and loss possibility is 40.62%, but in order to reduce the loss ratio we can use the support of $0.062 as stop loss.
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