Long
DOCK token formed bullish Butterfly for upto 230% big move
Hi dear patrons, hope you are well and welcome to the new trade setup of Dock token.
Previously we had a nice trade of Dock:
Now on a weekly time frame chart, the price line of DOCK has formed bullish Butterfly pattern.
The potential reversal zone goes to $ 0.0122, but there is a strong support at $0.03. Therefore, we can buy and sell as below:
Buy between:
$0.0360 to $0.03
Sell between:
$0.0544 to $0.0991
Stop loss:
Below $0.03 support.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 230%, and the loss possibility is 17%.
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 trade of Dock:
Now on a weekly time frame chart, the price line of DOCK has formed bullish Butterfly pattern.
The potential reversal zone goes to $ 0.0122, but there is a strong support at $0.03. Therefore, we can buy and sell as below:
Buy between:
$0.0360 to $0.03
Sell between:
$0.0544 to $0.0991
Stop loss:
Below $0.03 support.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 230%, and the loss possibility is 17%.
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
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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.
Disclaimer
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.