Hi dear patrons, hope you are well and welcome to the new update on Dogecoin.
On a daily time period chart, the priceline of Doge with BTC pair can complete the bullish Gartley pattern, and soon it will be entered the potential reversal zone. On breaking down the exponential moving average 10 the move will be confirmed. The EMA 21 is at the potential reversal zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Potential reversal or buying zone: 0.00000101 to 0.00000067 btc
Fibonacci projection or sell zone: 0.00000141 to 0.00000219 btc
Stop loss:
The maximum extent of the potential reversal zone 0. 0.00000067 btc can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility up to 226%, and the loss possibility is 39%.
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 daily time period chart, the priceline of Doge with BTC pair can complete the bullish Gartley pattern, and soon it will be entered the potential reversal zone. On breaking down the exponential moving average 10 the move will be confirmed. The EMA 21 is at the potential reversal zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Potential reversal or buying zone: 0.00000101 to 0.00000067 btc
Fibonacci projection or sell zone: 0.00000141 to 0.00000219 btc
Stop loss:
The maximum extent of the potential reversal zone 0. 0.00000067 btc can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility up to 226%, and the loss possibility is 39%.
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.