VeThor Token (VTHO) formed bullish Gartey for upto 52% rally
Hi dear patrons, hope you are well and welcome to the new update on VeThor Token (VTHO).
On the daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 25 simple moving average 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: $0.0195 to $0.0171
Sell between: $0.0214 to $0.0260
Stop loss:
The maximum extent of the potential reversal zone to $0.0171 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 52% and the loss possibility is 13%.
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 the daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 25 simple moving average 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: $0.0195 to $0.0171
Sell between: $0.0214 to $0.0260
Stop loss:
The maximum extent of the potential reversal zone to $0.0171 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 52% and the loss possibility is 13%.
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