DOTUSDT completed Gartley | Upto 32.4% move expected
On daily chart, the price action of Polkadot (DOT) has completed the final leg of Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Potential reversal or buying zone: $ 4.70 to $ 4.32
Fibonacci projection or sell zone: $ 4.99 to $ 5.72
Stop Loss:
The potential reversal zone area that is up to $ 4.32 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 32.4% and as per the above-mentioned stop loss, the loss possibility is 8.1%.
Note: Above idea is for educational purpose only.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Potential reversal or buying zone: $ 4.70 to $ 4.32
Fibonacci projection or sell zone: $ 4.99 to $ 5.72
Stop Loss:
The potential reversal zone area that is up to $ 4.32 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 32.4% and as per the above-mentioned stop loss, the loss possibility is 8.1%.
Note: Above idea is for educational purpose only.
Trade fermée: cible de profit atteinte
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.