EOS has formed a triangle and BAT | Upto 228% profit expected
Since Feb 2018 the priceline of 7th largest cryptocurrency EOS moving within a triangle.
After Dec 2018 the price action is hitting the triangle support.
The candle sticks are also hitting the bollinger bands lower band.
The stochastic went in oversold after Jan 2019.
In the meanwhile the price action also formed a bullish BAT pattern at the end of triangle and sofar no candle stick has closed below the potential reversal zone.
I have taken the complete price action of BAT pattern and also the complete triangle within a fixed range of volume profile and both are showing very weak interest of traders at this area.
The price action will be reversed from this potential reversal zone of BAT soon insha Allah and this can lead upto sell targets of complete triangle.
So there are two sell targets I have defined one is for BAT pattern and other one is for complete triangle and those targets are as below.
Buy between:
0.0006169 to 0.0005489 (even you can buy upto the support of triangle)
Sell targets for BAT pattern: 0.0007786 to 0.00102152
Sell targets for complete triangle: 0.00114704 to 0.00199136
Regards,
Atif Akbar (moon333)
After Dec 2018 the price action is hitting the triangle support.
The candle sticks are also hitting the bollinger bands lower band.
The stochastic went in oversold after Jan 2019.
In the meanwhile the price action also formed a bullish BAT pattern at the end of triangle and sofar no candle stick has closed below the potential reversal zone.
I have taken the complete price action of BAT pattern and also the complete triangle within a fixed range of volume profile and both are showing very weak interest of traders at this area.
The price action will be reversed from this potential reversal zone of BAT soon insha Allah and this can lead upto sell targets of complete triangle.
So there are two sell targets I have defined one is for BAT pattern and other one is for complete triangle and those targets are as below.
Buy between:
0.0006169 to 0.0005489 (even you can buy upto the support of triangle)
Sell targets for BAT pattern: 0.0007786 to 0.00102152
Sell targets for complete triangle: 0.00114704 to 0.00199136
Regards,
Atif Akbar (moon333)
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