Hi traders hope you are good, there is another bullish wave possible by the price action of Theta fuel token with Bitcoin pair.
Formation of bullish BAT pattern:
This time on 12 hour chart the Tfuel token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.
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Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:
Buy between: 0.00000073 to 0.00000048 sats
Sell between: 0.00000133 to 0.00000221 sats
Stop Loss:
The potential reversal zone area that is up to 0.00000048 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 360% and as per above mentioned stop loss, the loss possibility is 34%
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.