Priceline of DASH / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Price action has hit the lower band of the bollinger bands after Dec 2018.
But beware the volume profile is still showing the traders interest even below the PRZ area and MACD is also strong bearish, even though the Stochastic is oversold but did not give bull cross sofar, therefore for secure trade I would suggest to wait for bull cross signal from stochastic or MACD to turn weak bearish then enter in trade.
I have used Fibonacci sequence to set the targets:
Buy between: 86.741 to 72.408
Sell between: 120.724 to 171.822
Price action has hit the lower band of the bollinger bands after Dec 2018.
But beware the volume profile is still showing the traders interest even below the PRZ area and MACD is also strong bearish, even though the Stochastic is oversold but did not give bull cross sofar, therefore for secure trade I would suggest to wait for bull cross signal from stochastic or MACD to turn weak bearish then enter in trade.
I have used Fibonacci sequence to set the targets:
Buy between: 86.741 to 72.408
Sell between: 120.724 to 171.822
