Decred (DCR) formed a bullish Gartley for upto 1800% pump
Hi dear patrons, hope you are well and welcome to the new trade setup of Decred (DCR) coin.
Previously we had a nice harmonic trade on a short- time frame:
Now on a monthly time frame, DCR has formed a big bullish Gartley pattern.
Buy and sell targets:
Buy between: $62.1 to $11
Sell between: $133.9 to $209.8
Stop loss: Below $11, therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
Possible profit and loss ratio:
This move can be really huge upto 1800%, and a high loss possibility is 69%. Therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
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 harmonic trade on a short- time frame:
Now on a monthly time frame, DCR has formed a big bullish Gartley pattern.
Buy and sell targets:
Buy between: $62.1 to $11
Sell between: $133.9 to $209.8
Stop loss: Below $11, therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
Possible profit and loss ratio:
This move can be really huge upto 1800%, and a high loss possibility is 69%. Therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.