Dock Token Has Formed Cypher Pattern For 29% Possible Bullish Move

On 8th Oct I posted a trade plan where on 2 hour based chart the Dock token was completing bullish Shark pattern then finally as per prediction the priceline entered in buying zone and hit the sell targets.

Before execution:

3143414223-49c200e82667c7398adbb95f52d554c6394d7c93946fa1d5bc33c127ae6e3f81.png

Click here to visit this old article

After execution

3143414223-58d4b60e9463fb0a25554ba9e41a1fd9926323b17de724158c6f1938c20e884e.png

Formation of new harmonic Cypher pattern:

Now this time on 12 hour chart the price action of Dock token has formed bullish harmonic Cypher pattern and buying zone.

Buying And Sell Targets:

The buying and sell targets according to harmonic Cypher pattern should be:

Buy between: $0.004333 to $0.004016

Sell between: $0.004583 to $0.005187

Stop Loss:

The potential reversal zone area which is up to $0.004016 can be used as stop loss in case of complete candle sticks closes below this level.

Possible profit and loss ratio:

As per above targets this short term trade has the profit possibility of 29% and as per above mentioned stop loss, the loss possibility is 7%.

Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.

//////////////////////////////////////////////////////////////////////////////////////////////////////////////

Earn Money for posting articles and content:

PublishOx:

https://www.publish0x.com/@moon333

LBRY:

https://lbry.tv/$/invite/@moon333:b

Uptrennd:

https://www.uptrennd.com/signup/NTI3Nzg

Patreon:

https://patreon.com/invite/xkmjnn read.cash: https://read.cash/r/moon333

Read.cash:

https://read.cash/r/moon333