AIONBTC formed bullish Cypher | A good long opportunity
Updated
Priceline of AION / Bitcoin cryptocurrency has formed a bullish Cypher and it is 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.
Price action is hitting the 50 simple moving average support it might take bounce from this moving average, but stochastic is in bear cross so we can wait for stochastic to give bull cross signal then place the long position or buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000754 to 0.00000722
Sell between: 0.00000780 to 0.00000842
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Price action is hitting the 50 simple moving average support it might take bounce from this moving average, but stochastic is in bear cross so we can wait for stochastic to give bull cross signal then place the long position or buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000754 to 0.00000722
Sell between: 0.00000780 to 0.00000842
Regards,
Atif Akbar (moon333)
Trade closed: target reached
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