}
Hi dear friends, hope you are well and welcome to the new update on Dego Finance (DEGO) token.
On the 12-hour chart, the price action of the DEGO token is forming the last leg of the harmonic bullish BAT pattern. On breaking down EMA 20 the pattern will be confirmed.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Buy between: $13.12 to $10.37
Sell between: $19.67 to $29.49
Stop loss:
The maximum extent of the potential reversal zone $10.37 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 184% and the loss possibility is 21%.
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.