aelf (ELF) has formed bullish Shark for upto 56.5% move
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After the extreme sell of, on daily time frame chart, the price action of ELF has extended the final leg and formed bullish Shark.
Buying and sell targets for Shark move:
Buy between: 0.00000616 to 0.00000537 btc
Sell between: 0.00000685 to 0.00000841 btc
Stop loss:
The maximum extent of potential reversal zone to 0.00000537 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 56.5%, and the high loss possibility upto 13%.
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.
After the extreme sell of, on daily time frame chart, the price action of ELF has extended the final leg and formed bullish Shark.
Buying and sell targets for Shark move:
Buy between: 0.00000616 to 0.00000537 btc
Sell between: 0.00000685 to 0.00000841 btc
Stop loss:
The maximum extent of potential reversal zone to 0.00000537 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 56.5%, and the high loss possibility upto 13%.
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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