moon333
Long

RVNBTC formed bullish BAT | A good long opportunity

BINANCE:RVNBTC   Ravencoin / Bitcoin
Priceline of Ravencoin / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:

Buy between: 0.00000384 to 0.00000381

Sell between: 0.00000390 to 0.00000400

Regards,
Atif Akbar (moon333)

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