moon333
Long

WINBNB formed a bullish Butterfly | Upto 28% potential trade

BINANCE:WINBNB   WINK / Binance Coin
Priceline of WINK / BNB cryptocurrency has formed a bullish butterfly and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
RSI is oversold but Stochastic RSI is in bear cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic RSI to give bull cross then buy.
I have used Fibonacci sequence to set the targets

Buy between: 0.00000964 to 0.00000895

Sell between: 0.00001017 to 0.00001146

Regards,
Atif Akbar (moon333)

Related Ideas

Comments

This idea overlaps very nicely with my overall BNB analysis. I think BNB/BTC should at least touch a major resistance (now support area) around 12% away from price.
+1 Reply
Actually I think it will dump more, around to the 500 area. My advice on this one is save your capital.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out