Long
SNMBTC formed a bullish gartley | Upto 61% possibility
The priceline of SONM / Bitcoin cryptocurrency took two powerful bullish divergences in 1st wave it produced more than 289% and in second it has given more than 104% now the price action has formed a bullish gartley pattern and entered in potential reversal zone to take another bullish divergence soon insha Allah.
This PRZ area should be stop loss point in case of complete candle closes below this area.
We have 100 simple moving average support within PRZ area and 50 SMA below this zone and tehre is also an expected golden cross between 100 SMA and 50 SMA which can produce and other strong bullish rally.
I have defined targets using Fiboancci sequence:
Buy between: 0.00000121 to 0.00000158
Sell between: 0.00000186 to 0.00000255
Rgards,
Atif Akbar (moon333)
This PRZ area should be stop loss point in case of complete candle closes below this area.
We have 100 simple moving average support within PRZ area and 50 SMA below this zone and tehre is also an expected golden cross between 100 SMA and 50 SMA which can produce and other strong bullish rally.
I have defined targets using Fiboancci sequence:
Buy between: 0.00000121 to 0.00000158
Sell between: 0.00000186 to 0.00000255
Rgards,
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.