PHB, PHXBTC has formed a bullish Shark a good buying opportunity
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Phoenix Red Pulse Phoenix ( PHX , PHB ) / Bitcoin has formed a bullish Shark and entered in potential reversal zone to hit the sell targets soon insha Allah.
We have a 100 simple moving average support within the PRZ area and 200 SMA beneath the potential revesal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
MACD turned weak bearish from strong bearish .
RSI is almost oversold.
Stochastic has given bull cross from oversold zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000084 to 0.00000075
Sell between: 0.00000093 to 0.00000112
Regards,
Atif Akbar (moon333)
We have a 100 simple moving average support within the PRZ area and 200 SMA beneath the potential revesal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
MACD turned weak bearish from strong bearish .
RSI is almost oversold.
Stochastic has given bull cross from oversold zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000084 to 0.00000075
Sell between: 0.00000093 to 0.00000112
Regards,
Atif Akbar (moon333)
Trade active:
its geared up to hit the sell zone soon.
Trade closed: target reached
Atif Akbar
Comments
Priceline of Red Pulse Phoenix Binance / Bitcoin cryptocurrency has formed bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
MACD is turned weak bearish from strong bearish .
But Stochastic did not give bull cross so for secure trade we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000101 to 0.00000095
Sell between: 0.00000106 to 0.00000119
Regards,
Atif Akbar (moon333)