Hi dear patrons, hope you are well and welcome to the new trade setup of Decred (DCR) coin.
Previously we had a nice harmonic trade on a short- time frame:
Now on a monthly time frame, DCR has formed a big bullish Gartley pattern.
Buy and sell targets:
Buy between: $62.1 to $11
Sell between: $133.9 to $209.8
Stop loss: Below $11, therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
Possible profit and loss ratio:
This move can be really huge upto 1800%, and a high loss possibility is 69%. Therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
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
Previously we had a nice harmonic trade on a short- time frame:
Now on a monthly time frame, DCR has formed a big bullish Gartley pattern.
Buy and sell targets:
Buy between: $62.1 to $11
Sell between: $133.9 to $209.8
Stop loss: Below $11, therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
Possible profit and loss ratio:
This move can be really huge upto 1800%, and a high loss possibility is 69%. Therefore, in order to decrease the loss ratio, we can wait for Bitcoin to breakout the wedge on weekly time frame, I will be posting updates in regard of BTC breakout.
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