TradingView
moon333
Apr 13, 2021 12:33 PM

SuperFarm (SUPER) again formed Cypher pattern for upto 39% move Long

SUPER / TetherUSBinance

Description

Hi dear patrons, hope you are well and welcome to the new update on SuperFarm (SUPER).

Previously we had a nice trade of SUPER on a 12-hour chart:


Now this time again on a 12-hour time frame chart, the price action of SUPER has formed bullish Cypher pattern.



Buy and Sell targets:
Buy between: $2.69 to $2.43

Sell between: $2.89 to $3.38

Stop loss:
The maximum extent of the potential reversal zone of $2.43 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 39%, and the loss possibility is 10%.


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.

More