DOCK token formed bullish Butterfly for upto 230% big move
Hi dear patrons, hope you are well and welcome to the new trade setup of Dock token.
Previously we had a nice trade of Dock:
Now on a weekly time frame chart, the price line of DOCK has formed bullish Butterfly pattern.
The potential reversal zone goes to $ 0.0122, but there is a strong support at $0.03. Therefore, we can buy and sell as below:
Buy between:
$0.0360 to $0.03
Sell between:
$0.0544 to $0.0991
Stop loss:
Below $0.03 support.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 230%, and the loss possibility is 17%.
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
Previously we had a nice trade of Dock:
Now on a weekly time frame chart, the price line of DOCK has formed bullish Butterfly pattern.
The potential reversal zone goes to $ 0.0122, but there is a strong support at $0.03. Therefore, we can buy and sell as below:
Buy between:
$0.0360 to $0.03
Sell between:
$0.0544 to $0.0991
Stop loss:
Below $0.03 support.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 230%, and the loss possibility is 17%.
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
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