moon333

ATOMBTC formed bullish BAT | Upto 28% expected

Long
BINANCE:ATOMBTC   Cosmos / Bitcoin
Priceline of ATOMBTC / Bitcoin cryptocurrency has formed a bullish BAT 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
MACD turned weak bearish from strong bearish.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross so we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.618 to 0.886 of X to A Fibonacci projection:

Buy between: 0.0002807 to 0.0002528

Sell between: 0.0002880 to 0.0003252

Regards,
Atif Akbar (moon333)

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