HBAR formed a big bullish Gartley for upto 210% huge move
Hi, dear patrons, hope you are well and welcome to the new trade setup of Hedera Hashgraph (HBAR) coin.
During the previous market crash, HBAR formed a big bullish Gartley which I shared as below:
Now during the current drop, HBAR has formed another big bullish Gartley on the weekly time frame once again. There is also 100 SMA moving aggressively to the upside to provide support to candlesticks.
Buy and sell targets:
Buy between: $0.2514 to $0.1630
Sell between: $0.3754 to $0.5065
Stop loss:
Below: $0.0513, In order to minimize the loss ratio, we can use 100 SMA as stop loss as it is moving aggressively to the upside to provide the support to candlesticks.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 210% , and a high loss possibility 35.5%. In order to minimize the loss ratio, we can use 100 SMA as stop loss as it is moving aggressively to the upside to provide the support to candlesticks.
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
During the previous market crash, HBAR formed a big bullish Gartley which I shared as below:
Now during the current drop, HBAR has formed another big bullish Gartley on the weekly time frame once again. There is also 100 SMA moving aggressively to the upside to provide support to candlesticks.
Buy and sell targets:
Buy between: $0.2514 to $0.1630
Sell between: $0.3754 to $0.5065
Stop loss:
Below: $0.0513, In order to minimize the loss ratio, we can use 100 SMA as stop loss as it is moving aggressively to the upside to provide the support to candlesticks.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 210% , and a high loss possibility 35.5%. In order to minimize the loss ratio, we can use 100 SMA as stop loss as it is moving aggressively to the upside to provide the support to candlesticks.
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
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.