Hi dear patrons, hope you are well and welcome to the new trade setup of Tornado Cash (TORN) token with US Dollar pair. Ona weekly time frame, TORN has formed bearish BAT pattern.
Buy between: $24.08 to $18.38
Sell between: $41.01 to $58.92
Stop loss: below: $18.38
Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of up to 220%, and a loss possibility is upto 24%.
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.
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.