moon333

NPXSUSD has formed a shark pattern | Upto 242% expected

Long
BINANCE:NPXSUSD   None
Priceline of Pundi X Pundi X (NPXS) / US DOLLAR has formed a shark pattern and entered in potential reversal zone.
From here here the price action can take bullish divergence at any time insha Allah.
RSI is already oversolad.
Volume profile showing less interest of traders withing PRZ area.
I have used Fibonacci sequence to set the targets and those targets are as below:

Buy between: 0.00042400 to 0.00028750
Sell between: 0.00062565 0.00098327

Regards,
Atif Akbar (moon333)

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