LINKBTC formed bullish shark | Upto 34% expected
Updated
Priceline of ChainLink / Bitcoin has formed a bullish shark and entered in potential reversal zone.
RSI has still more room to enter in oversold zone.
MACD is strong bearish.
Stochastic RSI is oversold but did not give bull cross.
Volume profile is showing less interest of traders here
I will suggest to wait for MACD to turn weak bearish or for stochastic RSI bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between:0.00018785 to 0.00017210
Sell between: 0.00020077 to 0.00023158
Regards,
Atif Akbar (moon333)
RSI has still more room to enter in oversold zone.
MACD is strong bearish.
Stochastic RSI is oversold but did not give bull cross.
Volume profile is showing less interest of traders here
I will suggest to wait for MACD to turn weak bearish or for stochastic RSI bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between:0.00018785 to 0.00017210
Sell between: 0.00020077 to 0.00023158
Regards,
Atif Akbar (moon333)
Trade closed: target reached
By the grace of Allah the most high this trade gave more than 28% profit
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.