On day chat GVTBTC likely to fail to break the resistance of 200MA.
The RSI is almost overbought.
I am expecting that the price action will have a drop from here and we have a 50MA almost between 0.618 to 0.786 fibonacci retracement which will push the price and eventually we will see a formation of harmonic insha Allah.
I have defined the buying and sell zones accordingly plz find on chart.
Regards,
Atif Akbar.
The RSI is almost overbought.
I am expecting that the price action will have a drop from here and we have a 50MA almost between 0.618 to 0.786 fibonacci retracement which will push the price and eventually we will see a formation of harmonic insha Allah.
I have defined the buying and sell zones accordingly plz find on chart.
Regards,
Atif Akbar.
Trade closed: target reached:
By the grace of Allah the most high this trade gave more than 11 percent profit