Ethereum formed a bullish Cypher for upto 14.5% move
Hi dear patrons, hope you are well and welcome to the new update on Ethereum (ETH).
On the daily time frame chart, the price action of ETH has formed a bullish Cypher, There is also 100 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: 0.060527 to 0.058187 btc
Sell between: 0.062370 to 0.066794 btc
Stop loss:
Maximum extent of the buying zone 0.058187 btc can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 14.5%, and the loss possibility is 4%.
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.
On the daily time frame chart, the price action of ETH has formed a bullish Cypher, There is also 100 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: 0.060527 to 0.058187 btc
Sell between: 0.062370 to 0.066794 btc
Stop loss:
Maximum extent of the buying zone 0.058187 btc can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 14.5%, and the loss possibility is 4%.
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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