BNBBTC formed bullish BAT on 2 week chart | Upto 152% expected
Priceline of BNB / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Price action is also hitting the 50 simple moving average support.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0020008 to 0.0016403
Sell between: 0.0028524 to 0.0041344
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Price action is also hitting the 50 simple moving average support.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0020008 to 0.0016403
Sell between: 0.0028524 to 0.0041344
Regards,
Atif Akbar (moon333)
