}
Hi dear friends, hope you are well and welcome to the new update on district0x ( DNT ) token.
On the daily time frame chart, the price action of DNT is completing the final leg of bullish Shark .
Buying and sell targets for Shark move:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Buy between: $0.2592 to $0.2343
Sell between: $0.2934 to $0.3559
Stop loss:
The maximum extent of potential reversal zone to $0.2343 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 51.5%,%, and the high loss possibility upto 10%.
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.
For more trading ideas you can join