Since 10 Aug to 9 oct the priceline was formatting a CUP AND HANDLE pattern at this time the candles are in handle position, from here ZRXBTC is likely to format a cypher pattern coz the price action is not dropped more than 0.618 of X to A leg after making high on 17 oct. A golden cross of 50 and 100MA is already witnessed on 6 Nov which can give more lift to price action. For more confirmation here I have used volume profile fixed range from 17 July to 11 Nov and it is showing the power of bulls ha capacity to lift the priceline upto 0.0001655 as I have mentioned the targets on chart. In my point of view this is the right time to enter in trade.
Regards,
Atif Akbar (Moon333)
Regards,
Atif Akbar (Moon333)
تم حذف الأمر:
Massive sell of has invalidated the cypher pattern now the priceline has dropped upto 0.786 fib retracement the zrx will be likely to form a Gartley plz follow my new post according to new pattern formation.