The price line of STRATBTC cryptocurrency has hit the strong support at 0.00005593 while moving within a pennant. The MACD is turned weak bearish from strong bullish since 1st july. The RSI is also oversold. The volume profile is showing very weak interest of traders at this area so I am expecting this point as a price reversal zone insha Allah. The targets are defined as per Fibonacci method as below:
1st target: 0.00034965
2nd target: 0.00044180
3rd target: 0.00053395
Final target: 0.00066516
Regards, Atif Akbar (moon333)
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The price action has left the pennant directionless without breakout or breakdown, how ever now it is gearing up th
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The Stochastic has given bull cross from the deep of oversold zone and MACD is turned strong bullish now:
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