Priceline of Ethereum / Bitcoin has completed bullish Crab pattern and entered in potential reversal zone. RSI is oversold. Stochastic RSI is oversold and likely to give bull cross soon. Price action has hit the lower band of Bollinger bands after Sep 2018. Volume profile is showing weak interest of traders. But MACD is still strong bearish, for secure trade we can wait for the MACD to turn weak bearish from strong bearish. I am expecting a bullish divergence from this potential reversal zone soon insha Allah. I have used Fibonacci sequence to set the targets:
Buy between: 0.019999 to 0.014045
Sell between: 0.024629 to 0.035823
Regards, Atif Akbar (moon333)
Trade active
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The price action is gearing up and soon going to hit the sell targets:
Trade closed: target reached
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By the grace of Allah the most high this trade produced more than 67% profit