Hi traders hope you are good, there is another bullish wave possible by the price action of Theta fuel token.
Formation of bullish BAT pattern:
This time on short term 4 hour chart the Tfuel token has formed a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:
Buy between: $0.0090 to $0.0086
Sell between: $0.0099 to $0.0112
The potential reversal zone area that is up to $0.0086 can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 30% and as per above mentioned stop loss, the loss possibility is 4.4%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.