FILFilecoin (FIL) formed Shark pattern for upto 41% bullish move
Hi dear patrons, hope you are well and welcome to the new update on Filecoin (FIL) coin.
On a daily time frame chart, the price action of FIL coin has formed the final leg of the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $141.64 to $128.60
Sell between: $154.23 to $181.33
Stop loss:
The maximum extent of potential reversal zone to $128.60 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 41%, and the high loss possibility upto 10%.
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 a daily time frame chart, the price action of FIL coin has formed the final leg of the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $141.64 to $128.60
Sell between: $154.23 to $181.33
Stop loss:
The maximum extent of potential reversal zone to $128.60 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 41%, and the high loss possibility upto 10%.
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.