Priceline of Cardano / US DOLLAR crypto currency is forming a shark pattern.
This time I am watching some confliction between indocators and harmonics, coz as per shark pattern the leg can be more longer from 0.886 upto 1.13 Fibonacci so there is little bit more difference but the indicators from the smaller charts are turning bullish but on week chart they are still strong bearish.
MACD is still strong bearish.
RSI has still some cushion to move in oversold zone
However I have posted the shark pattern as all legs are formed exactly required for shark so last leg can be possibly formed accordingly.
As per Fibonacci sequence the targets are:
Buy between: 0.04315 to 0.02760
Sell between: 0.05788 to 0.08991
Regards,
Atif Akbar (moon333)
This time I am watching some confliction between indocators and harmonics, coz as per shark pattern the leg can be more longer from 0.886 upto 1.13 Fibonacci so there is little bit more difference but the indicators from the smaller charts are turning bullish but on week chart they are still strong bearish.
MACD is still strong bearish.
RSI has still some cushion to move in oversold zone
However I have posted the shark pattern as all legs are formed exactly required for shark so last leg can be possibly formed accordingly.
As per Fibonacci sequence the targets are:
Buy between: 0.04315 to 0.02760
Sell between: 0.05788 to 0.08991
Regards,
Atif Akbar (moon333)
Trade active
The price action is geared up the stochastic has given bull cross from oversold zone:Trade closed: target reached
By the grace of Allah the most high this trade generated more than 46% profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.