POLYBTC completed bullish BAT for up to 126% bullish rally
Hi friends hope you are well, and welcome to the new update on Polymath (POLY) token.
On the long-term monthly time period chart, the price action of the Polymath has completed the final leg of bullish BAT and entered in potential reversal zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Potential reversal or buying zone: 0.00000288 to 0.00000244 btc
Fibonacci projection or sell zone: 0.00000394 to 0.00000553 btc
Stop loss:
The maximum extent of potential reversal zone 0.00000553 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 126% and the loss possibility is only 15.5%
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 the long-term monthly time period chart, the price action of the Polymath has completed the final leg of bullish BAT and entered in potential reversal zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Potential reversal or buying zone: 0.00000288 to 0.00000244 btc
Fibonacci projection or sell zone: 0.00000394 to 0.00000553 btc
Stop loss:
The maximum extent of potential reversal zone 0.00000553 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 126% and the loss possibility is only 15.5%
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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