SFP / BitcoinLong
SafePal (SFP) formed bullish Cypher for upto 31% move
Hey dear patrons, hope you are well and welcome to the new update on SafePal (SFP) token.
On the 2-day time frame chart, the price action has formed the final leg of the bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.00004164 to 0.00003840 btc
Sell between: 0.00004420 to 0.00005034 btc
Stop loss:
The maximum extent of potential reversal zone to .00003840 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 31%, and the loss possibility is 8%.
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 the 2-day time frame chart, the price action has formed the final leg of the bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.00004164 to 0.00003840 btc
Sell between: 0.00004420 to 0.00005034 btc
Stop loss:
The maximum extent of potential reversal zone to .00003840 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 31%, and the loss possibility is 8%.
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.
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.