ETHUSD formed Crab and entered in potential reversal zone
Priceline of Ethereum / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
MACD is strong bullish
Stochastic is oversold and has given bull cross
RSI is coming out form oversold zone
Volume profile of complete pattern is showing less interest of traders at this area
The potential reversal zone can be used as stop loss in case the complete candle stick closes below the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 188.92 to 141.16
Sell between: 226.21 to 317.04
Regards,
Atif Akbar (moon333)
MACD is strong bullish
Stochastic is oversold and has given bull cross
RSI is coming out form oversold zone
Volume profile of complete pattern is showing less interest of traders at this area
The potential reversal zone can be used as stop loss in case the complete candle stick closes below the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 188.92 to 141.16
Sell between: 226.21 to 317.04
Regards,
Atif Akbar (moon333)
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