Wings Is Completing Final Leg Of Bullish BAT For Upto 108% Rally
On the tow day chart, the price action of the Wings token is completing the last leg of bullish BAT and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of bullish BAT should be:
Potential reversal or buying zone: $11.83 to $10.25
Fibonacci projection or sell zone: $15.62 to $21.33
Stop Loss:
The potential reversal zone area that is up to $10.25 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 108%, and the loss possibility is 13.5%.
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.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of bullish BAT should be:
Potential reversal or buying zone: $11.83 to $10.25
Fibonacci projection or sell zone: $15.62 to $21.33
Stop Loss:
The potential reversal zone area that is up to $10.25 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 108%, and the loss possibility is 13.5%.
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.
