Priceline of Ontology / TetherUS is forming last leg of shark and soon it will be entered in potential reversal zone.
Volume profile of complete pattern is showing weak interest of traders within potential reversal zone.
RSI is oversold and MACD is weak bullish.
Stochastic is also oversold but did not give bull cross so for secure trade we can wait for bull cross.
I have used Fibonacci sequence to set the targets:
Buy between: 0.5732 to 0.2667
Sell between: 0.8738 to 1.5159
Regards,
Atif Akbar (moon333)
Volume profile of complete pattern is showing weak interest of traders within potential reversal zone.
RSI is oversold and MACD is weak bullish.
Stochastic is also oversold but did not give bull cross so for secure trade we can wait for bull cross.
I have used Fibonacci sequence to set the targets:
Buy between: 0.5732 to 0.2667
Sell between: 0.8738 to 1.5159
Regards,
Atif Akbar (moon333)
Trade closed: target reached:
By the grace of Allah the most high this trade produced more than 118 percent profit
