Priceline of Golem / Bitcoin cryptocurrency is forming bullish Shark and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level.
MACD is turned weak bullish from strong bullish and Stochastic is in bear cross but not oversold.
In my opinion the MACD will be turned strong bearish soon and the stochastic might visit oversold zone at that time if the priceline will be in PRZ area and MACD will turned weak bearish from strong bearish and stochastic will give bull cross then it will be very safe to buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000605 to 0.00000594
Sell between: 0.00000619 to 0.00000645
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level.
MACD is turned weak bullish from strong bullish and Stochastic is in bear cross but not oversold.
In my opinion the MACD will be turned strong bearish soon and the stochastic might visit oversold zone at that time if the priceline will be in PRZ area and MACD will turned weak bearish from strong bearish and stochastic will give bull cross then it will be very safe to buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000605 to 0.00000594
Sell between: 0.00000619 to 0.00000645
Regards,
Atif Akbar (moon333)
