Priceline of ICON / Tether US has formed bullish BAT pattern and entered in potential reversal zone.
RSI is oversold.
Volume profile is showing weak interest of traders here.
We also have a strong support of 0.1807 sats just beneath the potential reversal zone and price action has already hit at this support 1st time after Feb 2019.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2412 to 0.2129
Sell between: 0.3095 to 0.4117
Regards,
Atif Akbar (moon333)
RSI is oversold.
Volume profile is showing weak interest of traders here.
We also have a strong support of 0.1807 sats just beneath the potential reversal zone and price action has already hit at this support 1st time after Feb 2019.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2412 to 0.2129
Sell between: 0.3095 to 0.4117
Regards,
Atif Akbar (moon333)
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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.