STORJ hitting pennant support,forming shark upto 1253% profit
The priceline is moving within a pennant and hitting the pennant's support after Sep 2018.
Here the price action is also hitting at pivot 1st support.
In the meanwhile the price action is forming a bearish shark pattern and entered in potential reversal zone.
Sooner or later the price action can take bullish divergence from here at any time insha Allah.
But this is 2 month chart so this trade will need patience.
The targets are:
Buy between: 0.00002105 to 0.00000001 (But the price action is already hitting the pennant's support so it won't be possible for priceline to drop more)
Secure sell target zone: 0.00008014 to 0.00016758
Aggrssive sell target zone (Upto the completion of shark's leg): 0.00019669 to 0.00024212
Regards,
Atif Akbar (moon333)
Here the price action is also hitting at pivot 1st support.
In the meanwhile the price action is forming a bearish shark pattern and entered in potential reversal zone.
Sooner or later the price action can take bullish divergence from here at any time insha Allah.
But this is 2 month chart so this trade will need patience.
The targets are:
Buy between: 0.00002105 to 0.00000001 (But the price action is already hitting the pennant's support so it won't be possible for priceline to drop more)
Secure sell target zone: 0.00008014 to 0.00016758
Aggrssive sell target zone (Upto the completion of shark's leg): 0.00019669 to 0.00024212
Regards,
Atif Akbar (moon333)