Hi dear patrons, hope you are well and welcome to the new update on Alpha Finance Lab (ALPHA) token.
On the long-term weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $1.14 to $0.6501
Sell between: $1.52 to $2.45
The buying zone is too wide, therefore we can use $1 as stop-loss which is the next support level:
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 long-term weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $1.14 to $0.6501
Sell between: $1.52 to $2.45
The buying zone is too wide, therefore we can use $1 as stop-loss which is the next support level:
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