SafePal (SFP) formed bullish Cypher for upto 31% move
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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.
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