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 Stellar.
On a small time frame 4-hour chart, the price action of XLM coin has completed the final leg of bullish reversal Shark move and entered the potential reversal zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $0.3870 to $0.3740
Fibonacci projection or sell zone: $0.3986 to $0.4246
Stop loss:
The maximum extent of potential reversal zone to can be used as stop-loss that is $0.3740.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 13.5%, and the loss possibility is 4%.
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 Stellar.
On a small time frame 4-hour chart, the price action of XLM coin has completed the final leg of bullish reversal Shark move and entered the potential reversal zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $0.3870 to $0.3740
Fibonacci projection or sell zone: $0.3986 to $0.4246
Stop loss:
The maximum extent of potential reversal zone to can be used as stop-loss that is $0.3740.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 13.5%, and the loss possibility is 4%.
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.