TRXUSD formed bullish Crab on 4hr chart| Upto 29% move expected Long

TRON / DollarBitfinex

Description

⋅ Sep 21, 2020 3:37 PM

The priceline of Tron has completed bullish Crab pattern, the targets as per Fibonacci sequence of Crab are:

Potential reversal or buying zone: Potential reversal or buying zone: $0.02527 to $0.02401 (this should be used as stop loss as well)

Fibonacci projection or sell zone: $0.02625 to $0.02863

Regards,
Atif Akbar (moon333)

Trade closed: target reached

⋅ Sep 25, 2020 10:04 AM

Comments

nimakurd

⋅ Sep 21, 2020 3:56 PM

good job

pbrdelghandi

⋅ Sep 23, 2020 2:29 PM

B=78.6% XA C=38.2-88.6% AB

.

D=127.2-161.8% XA D=161.8-261.8% BC

your data is not valid

moon333

⋅ Sep 25, 2020 10:01 AM

@pbrdelghandi, In crab B cannot be upto 0.786 it should be between 0.382 to 0.618 if it would be upto 0.786 then it will be butterfly, not crab, D is not 1.27.2-161.8 rather it should 1.27 to 1.618 you are confusing the cypher Fibonacci projection of A to X leg that is also called C leg that starts from 1.272 with the potential reversal zone of Crab that starts from 1.27 and ends upto 1.618, thanks