Updated
AIONBTC - Binance - 4h- Crab completion, Shark formation
AIONBTC - Binance - 4h - pair shows Crab pattern completion, potential Shark pattern in formation.
There is no guarantee that this could be shark pattern as it is at a very early stage. But if so happens potential targets could be 88.6% and 113% which could be completion point D of shark pattern.
While there already exists a crab pattern which could provide intermediate targets at 382,618 retracement of Cd leg of Crab pattern. These could be intermediate profit taking levels.
Risky trade, stop loss should go at or below 0.0002030 sats
There is no guarantee that this could be shark pattern as it is at a very early stage. But if so happens potential targets could be 88.6% and 113% which could be completion point D of shark pattern.
While there already exists a crab pattern which could provide intermediate targets at 382,618 retracement of Cd leg of Crab pattern. These could be intermediate profit taking levels.
Risky trade, stop loss should go at or below 0.0002030 sats
Note
Adjustment made to fib as per new action lowsWhat to expect Shark? Cypher?
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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.