AS Roma Fan Token (ASR) forming bullish Cypher for upto 39% move
Hi dear patrons, hope you are well and welcome to the new update on AS Roma Fan Token (ASR).
On a daily time frame chart, the price action of ASR is completing the formation of a bullish Cypher pattern. There is also 50 simple moving average support in the buying zone.
Buy and Sell targets:
Buy between: $9.66 to $8.73
Sell between: $10.39 to $12.15
Stop loss:
The maximum extent of the potential reversal zone $8.73 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 39%, and the loss possibility is 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 ASR is completing the formation of a bullish Cypher pattern. There is also 50 simple moving average support in the buying zone.
Buy and Sell targets:
Buy between: $9.66 to $8.73
Sell between: $10.39 to $12.15
Stop loss:
The maximum extent of the potential reversal zone $8.73 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 39%, and the loss possibility is 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.