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IOSTBTC formed a bullish BAT | Upto 15% profit potential trade
Priceline of IOST / Bitcoin has formed a bullish BAT pattern and entering in potential reversal zone.
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 but MACD is strong bearish and Stochastic RSI is oversold and in bear cross for so secure trade we can wait for MACD to turn weak bearish or for stochastic RSI to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000060 to 0.00000057
Sell between: 0.00000061 to 0.00000066
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 but MACD is strong bearish and Stochastic RSI is oversold and in bear cross for so secure trade we can wait for MACD to turn weak bearish or for stochastic RSI to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000060 to 0.00000057
Sell between: 0.00000061 to 0.00000066
Regards,
Atif Akbar (moon333)
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