ATOMBTC formed bullish BAT | Upto 28% expected
Priceline of ATOMBTC / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
RSI is oversold
MACD turned weak bearish from strong bearish.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross so we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection:
Buy between: 0.0002807 to 0.0002528
Sell between: 0.0002880 to 0.0003252
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
RSI is oversold
MACD turned weak bearish from strong bearish.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross so we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection:
Buy between: 0.0002807 to 0.0002528
Sell between: 0.0002880 to 0.0003252
Regards,
Atif Akbar (moon333)
Related publications
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.