}
Hi, dear friends, hope you are well and welcome to the new update on StormX (STMX) token with Bitcoin pair.
On the daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also very good support of daily 25 simple moving average below the buying zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00000124 to 0.00000111 btc
Sell between: 0.00000134 to 0.00000159 btc
Stop loss:
The maximum extent of potential reversal zone 0.00000111 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 43% and the loss possibility is 11%.
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 harmonic trading ideas you can join: