Long
WINBNB formed a bullish Butterfly | Upto 28% potential trade
Priceline of WINK / BNB cryptocurrency has formed a bullish butterfly and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
RSI is oversold but Stochastic RSI is in bear cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic RSI to give bull cross then buy.
I have used Fibonacci sequence to set the targets
Buy between: 0.00000964 to 0.00000895
Sell between: 0.00001017 to 0.00001146
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
RSI is oversold but Stochastic RSI is in bear cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic RSI to give bull cross then buy.
I have used Fibonacci sequence to set the targets
Buy between: 0.00000964 to 0.00000895
Sell between: 0.00001017 to 0.00001146
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.