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BCHABCBTC forming bullish Shark | A good long opportunity ahead
The priceline of Bitcoin Cash / Bitcoin cryptocurrency is forming harmonic bullish Shark pattern and soon it will be 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.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish 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: 0.026831 to 0.026414
Sell between: 0.027202 to 0.028036
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish 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: 0.026831 to 0.026414
Sell between: 0.027202 to 0.028036
Regards,
Atif Akbar (moon333)
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