ETHUSD has formed bullish butterfly | Upto 31% profit potential
Priceline of Ethereum / US Dollar has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
Volume profile of complete pattern is showing less interest of traders at PRZ area.
I have usded Fibonacci sequence to set the targets and those targets are as below:
Buy between: 186.28 to 171.56
Sell between: 197.70 to 225.35
The MACD is strong bearish therefore I would suggest to take long position after when atleast 6hr MACD's histogram gives weak bearish signals.
Regards,
Atif Akbar (moon333)
RSI is oversold.
Volume profile of complete pattern is showing less interest of traders at PRZ area.
I have usded Fibonacci sequence to set the targets and those targets are as below:
Buy between: 186.28 to 171.56
Sell between: 197.70 to 225.35
The MACD is strong bearish therefore I would suggest to take long position after when atleast 6hr MACD's histogram gives weak bearish signals.
Regards,
Atif Akbar (moon333)
Trade closed: target reached:
By the grace of Allah the most high this trade gave more than 13 percent profit sofar.