ADAUSD formed a bullish cypher | Another long opportunity
Updated
After formation of bullish BAT the priceline of Cardano / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
But the MACD is strong bearish and Stochastic RSI did not give any bull cross sofar, i would suggest for secure trade we can wait for macd to turn weak bearish or a bull cross from stochastic RSI then buy.
I have defined targets using Fibonacci sequence:
Buy between: 0.04495378 to 0.04431146
Sell between: 0.04545635 to 0.04666967
Regards,
Atif Akbar (moon333)
But the MACD is strong bearish and Stochastic RSI did not give any bull cross sofar, i would suggest for secure trade we can wait for macd to turn weak bearish or a bull cross from stochastic RSI then buy.
I have defined targets using Fibonacci sequence:
Buy between: 0.04495378 to 0.04431146
Sell between: 0.04545635 to 0.04666967
Regards,
Atif Akbar (moon333)
Trade closed: target reached
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