ATOMUSDT formed a bullish BAT pattern | Upto 59% expected
Updated
Priceline of ATOM / Tether US cryptocurrency has formed a bullish BAT 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.
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, and this time I have defined buying zone from 0.786 to 0.886 of X to A Fibonacci projection:
Buy between: 2.201 to 2.028
Sell between: 2.615 to 3.236
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, and this time I have defined buying zone from 0.786 to 0.886 of X to A Fibonacci projection:
Buy between: 2.201 to 2.028
Sell between: 2.615 to 3.236
Regards,
Atif Akbar (moon333)
Trade closed: target reached
By the grace of Allah the most high this trade produced more than 34% profit sofar
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