MDABTC formed Cup and Handle | Upto 77% expected
Updated
Priceline of Moeda Loyalty Points / Bitcoin has formed a Cup and Handle pattern.
The handle is retraced upto 0.618 Fibonacci from the resistance of Cup.
MACD turned weak bearish.
Stochastic is oversold and soon it will give bull cross.
I have used Fibonacci sequence to set the targets:
Sell between: 0.00010466 to 0.00013495
Regards,
Atif Akbar (moon333)
The handle is retraced upto 0.618 Fibonacci from the resistance of Cup.
MACD turned weak bearish.
Stochastic is oversold and soon it will give bull cross.
I have used Fibonacci sequence to set the targets:
Sell between: 0.00010466 to 0.00013495
Regards,
Atif Akbar (moon333)
Trade closed: target reached
By the grace of Allah the most high this trade produced more than 102% 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.