Hi dear friends, hope you are well and welcome to the new update on Unifi Protocol DAO ( UNFI ) token with Bitcoin pair.
Previously we had a good trade of UNFI token with USDT pair, shared on 8th April:
Now again on the daily time frame chart, the price action has formed final leg of bullish Gartley pattern. There is also good support of 100 simple moving average below the buying zone.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00046957 to 0.00044499 btc
Sell between: 0.00048892 to 0.00053539 btc
Stop loss:
The maximum extent of potential reversal zone 0.00044499 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 20% and the loss possibility is 6%.
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.
For more harmonic trading ideas you can join:
