Priceline of NeoGas / Bitcoin cryptocurrency has formed a bullish Butterfly 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 area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001454 to 0.0001429
Sell between: 0.0001473 to...
From X to C leg the price action has completed all dimensions of bearish shark pattern.
In potential reversal zone the MACD got strong bullish in dec 2018 but now it is weak bullish but on week chart it is again strong bullish soon it will be strong bullish on 2 week charts again.
The stochastic is already oversold.
From here the price action will move up soon to...