moon333
Long

HOTBTC formation of bearish Shark | Upto 900% gains expected

BINANCE:HOTBTC   Holo / Bitcoin
Priceline of Holo / Bitcoin cryptocurrency is forming a bearish shark pattern and entered in potential reversal zone.
Price action has hit the support of 0.00000007 sats which is not broken since July 2018.
After hitting the support the MACD is turning bullish .
RSI was in oversold and now turning bullish .
Volume profile of complete history of price action is showing very weak interest of traders below the 0.00000007 sats support.
We also have a strong resistance at 0.00000041 sats which is not broken since Jan 2019 therefore I have defined some secure targets and some aggressive targets(Upto the completion of leg) using Fibonacci sequence the price action will hit the sell targets soon insha Allah, but do remember it can be a long term trade and will need some patience:

Buy between: 0.00000013 to 0.00000005

Secure sell targets:
Sell between: 0.00000020 to 0.00000034


Aggressive sell targets (Upto the completion of shark's leg)
Sell between: 0.00000042 to 0.00000050

Enjoy your profits and regards,
Atif Akbar (moon333)
Trade active: Be ready guys on week chart the stochastic has given bull cross form the deep of the oversold zone soon the MACD will be strong bullish now its time to gear up:
Trade active: Be ready guys after stochastic now MACD is likely to give bull cross soon insha Allah:

Related Ideas

Hopefully Binance doesn't delist it and fark me
Reply
You think this can break market structure and go beyond the upper trend line at 80sats?
+1 Reply
moon333 CryptoKaku
@CryptoKaku, Dear is the shark's leg will be completed then it can go upto 50 sats, but personally I will recommend to sell at 0.382 Fibonacci and that is 20 sats thanks.
Reply
@moon333, interesting, why .382? Isn't 6.18 considered to be the magic number?
Reply
CryptoKaku CryptoKaku
@CryptoKaku, .618 rather
+1 Reply
moon333 CryptoKaku
@CryptoKaku, yes dear 0.618 is ideal retracement u r right
Reply
Nice one, I expect more from $hot
+1 Reply
@heyula, Thanks buddy
Reply
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