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Mtlboom

MTLBTC formed bullish Shark | Upto 11% profit possibilityPriceline of Metal / Bitcoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is getting bounced from bollinger bands support. Volume profile is showing less interest of traders at the end of PRZ level and MACD is turned weak bearish but Stochastic is oversold and did not give bull cross sofar so for secure trade we can wait for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00004495 to 0.00004390 Sell between: 0.00004631 to 0.00004886 Regards, Atif Akbar (moon333)
Long
by moon333
MTLBTC after hitting the support indicators are turning bullishPriceline of Metal / Bitcoin is moving within a wedge and hitting the wedge's support. This support should be used as stop loss. The price action has hit the strong support of 100 simple moving average and likely to fail breakdown this support. Volume profile is showing less interest of traders here. Stochastic has given bull cross from oversold. MACD is turning bullish . RSI is already oversold. I have used Fibonacci sequence to set the targets: Sell between: 0.00005284 to 0.00005870 Regards, Atif Akbar (moon333)
Long
by moon333
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