Hi dear patrons, hope you are well and welcome to the new update on REN token with Bitcoin pair.
On long term weekly chart, the price action has completed the final leg of the bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.00001828 to 0.00001414 btc
Sell between: 0.00002154 to 0.00002936 btc
Stop loss:
The maximum extent of potential reversal zone 0.00001414 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 107%, and the loss possibility is 23%.
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.
On long term weekly chart, the price action has completed the final leg of the bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.00001828 to 0.00001414 btc
Sell between: 0.00002154 to 0.00002936 btc
Stop loss:
The maximum extent of potential reversal zone 0.00001414 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 107%, and the loss possibility is 23%.
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.