Viberatebtc
VIBEBTC formed bullish Cypher | Upto 62% expectedPriceline of Vibe / Bictoin cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 100 simple moving average support beneath the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000230 to 0.00000197
Sell between: 0.00000257 to 0.00000320
Regards,
Atif Akbar (moon333)
VIBBTC has hit the support of wedge | Upto 1089% expectedPirceline of Viberate (VIB) / Bitcoin is moving within a falling wedge and hitting the support after Aug 2018.
RSI is oversold.
MACD is turning bullish.
Stochastic has given bull cross.
Volume profile is showing weak interest of cryptocurrency trading below the support of wedge.
I have defined targets suing Fibonacci sequence.
Regards,
Atif Akbar (moon333)
There is a possibility for the beginning of an uptrend in VIBBTCTechnical analysis:
. VIBERATE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000765 to 0.00000588). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000765)
Ending of entry zone (0.00000588)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000963
TP2= @ 0.00001294
TP3= @ 0.00001560
TP4= @ 0.00001826
TP5= @ 0.00002690
TP6= Free