ADABTC formed bullish BAT | Upto 19% profit possibility
Priceline of Cardano / 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.
We have 50 simple moving average and 100 SMA supports within this PRZ area and both Moving averages are expected to form a golden cross soon.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or 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: 0.00000472 to 0.00000439
Sell between: 0.00000480 to 0.00000524
Enjoy your profits and regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 50 simple moving average and 100 SMA supports within this PRZ area and both Moving averages are expected to form a golden cross soon.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or 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: 0.00000472 to 0.00000439
Sell between: 0.00000480 to 0.00000524
Enjoy your profits and regards,
Atif Akbar (moon333)
Trade closed: target reached
