Hi dear friends, hope you are well and welcome to the new update on Crypto.com Coin (CRO).
On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also 100 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.10 to $0.0786
Sell between: $0.1524 to $0.2305
Stop loss:
The maximum extent of potential reversal zone $0.0786 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 193%, and the loss possibility is 22%.
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 weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also 100 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.10 to $0.0786
Sell between: $0.1524 to $0.2305
Stop loss:
The maximum extent of potential reversal zone $0.0786 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 193%, and the loss possibility is 22%.
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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