Badger DAO almost formed Butterfly for upto 32.5% bullish move
This idea has been shared as private with complete targets on tradingview, I am also sharing the private chart's link for you but if you like to share with your friends then you can. If you face any problem accessing the chart then do let me know. Thanks
Hi dear patrons, hope you are well and welcome to the new update on Badger DAO.
On the 12-hour chart, the price action of the BADGER has almost completed the bullish Butterfly pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Butterfly pattern should be:
Buy between: $41.97 to $38.53
Sell between: $44.65 to $51.12
Stop loss:
The maximum extent of potential reversal zone to $38.53 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 32.5%, and the high loss possibility upto 9%.
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.
Hi dear patrons, hope you are well and welcome to the new update on Badger DAO.
On the 12-hour chart, the price action of the BADGER has almost completed the bullish Butterfly pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Butterfly pattern should be:
Buy between: $41.97 to $38.53
Sell between: $44.65 to $51.12
Stop loss:
The maximum extent of potential reversal zone to $38.53 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 32.5%, and the high loss possibility upto 9%.
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.