Priceline of ChainLink / Tether US has formed a bullish butterfly pattern and hit the spike in potential reversal zone.
RSI has still space to drop more.
MACD is strong bearish.
Stochastic is likely to give bull cross soon.
Volume profile is showing less interest of traders.
Coz the RSI has still more room to drop and MACD is strong bearish therefore I am expecting that the price action will give another chance to buy within potential reversal zone insha Allah, moreover I will recommend for secure trade we can wait for MACD to turn weak bearish or stochastic bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 1.7628 to 1.4966
Sell between: 1.9694 to 2.4694
Regards,
Atif Akbar (moon333)
RSI has still space to drop more.
MACD is strong bearish.
Stochastic is likely to give bull cross soon.
Volume profile is showing less interest of traders.
Coz the RSI has still more room to drop and MACD is strong bearish therefore I am expecting that the price action will give another chance to buy within potential reversal zone insha Allah, moreover I will recommend for secure trade we can wait for MACD to turn weak bearish or stochastic bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 1.7628 to 1.4966
Sell between: 1.9694 to 2.4694
Regards,
Atif Akbar (moon333)
Trade fermée: cible de profit atteinte
By the grace of Allah the most high this trade gave more than 35% profit
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.