HCUSDT formed bullish BAT | A buying opportunity
Priceline of HyperCash / Tether US has formed bullish BAT pattern entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have taken my PRZ from 0.618 to 0.886 Fibonacci.
Volume profile is showing less interest of traders at PRZ level but MACD is truend weak bearish from strong bearish and Stochastic has given bull cross form oversold zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.5637 to 1.5264
Sell between: 1.5741 to 1.6246
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have taken my PRZ from 0.618 to 0.886 Fibonacci.
Volume profile is showing less interest of traders at PRZ level but MACD is truend weak bearish from strong bearish and Stochastic has given bull cross form oversold zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.5637 to 1.5264
Sell between: 1.5741 to 1.6246
Regards,
Atif Akbar (moon333)
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