PUNDIX forming bullish Cypher | A good long opportunity

PUNDIX forming bullish Cypher | A good long opportunity

By moon333 | moon333 | 9 Apr 2021


Hi dear friends, hope you are well and welcome to the new update on the PUNDIX token.
On a very small time frame 1-hour chart, the price action of PUNDIX is completing bullish Cypher pattern.

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https://www.tradingview.com/chart/PUNDIXUSDT/UI5bvLCW-PUNDIX-forming-bullish-Cypher-A-good-long-opportunity/ 

 

Buy and Sell targets:
Buy between $5.46 to $5.34


Sell between: $5.55 to $5.77

Stop loss:
The maximum extent of potential reversal zone $5.34 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 8%, and the loss possibility is 2.5%.


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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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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