Priceline of Zcash / US Dollar has formed a bullish Crab pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
RSI is oversold.
Volume profile is showing less interest of traders at PRZ level and MACD is strong bullish but Stochastic is in bear cross so for secure trade we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Sell between: $56.95 to $100.95
Buy between: $38.32 to $14.76
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
RSI is oversold.
Volume profile is showing less interest of traders at PRZ level and MACD is strong bullish but Stochastic is in bear cross so for secure trade we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Sell between: $56.95 to $100.95
Buy between: $38.32 to $14.76
Regards,
Atif Akbar (moon333)
Trade closed: target reached:
By the grace of Allah the most high this trade produced more than 170% gains
