ADXBTC retraced start formation of B to C leg for upto 46% move
The priceline of AdEx / Bitcoin has retraced between 0.618 to 0.786 Fibonacci to form some harmonic pattern.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 100 simple moving average support beneath potential reversal zone.
MACD is turned weak bearish from strong bearish.
Stochastic has given bull cross from oversold zone.
I have set targets using Fibonacci sequence:
Buy between: 0.00001038 to 0.00000935
Sell between: 0.00001121 to 0.00001367
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 100 simple moving average support beneath potential reversal zone.
MACD is turned weak bearish from strong bearish.
Stochastic has given bull cross from oversold zone.
I have set targets using Fibonacci sequence:
Buy between: 0.00001038 to 0.00000935
Sell between: 0.00001121 to 0.00001367
Regards,
Atif Akbar (moon333)
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