Solana (SOL) formed bullish Cypher for upto 15.5% move
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On the daily time frame chart, the price action has completed the final leg of the bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.00079822 to 0.00076461 btc
Sell between: 0.00082397 to 0.00088675 btc
Stop loss:
The maximum extent of the potential reversal zone to 0.00076461 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 15.5%, and the loss possibility is 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 daily time frame chart, the price action has completed the final leg of the bullish Cypher pattern.
Buy and sell targets:
Buy between: 0.00079822 to 0.00076461 btc
Sell between: 0.00082397 to 0.00088675 btc
Stop loss:
The maximum extent of the potential reversal zone to 0.00076461 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 15.5%, and the loss possibility is 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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