VIABTC completed bullish butterfly setup to produce upto 744%
Priceline of ViaCoin / Bitcoin cryptocurrency has formed a bullish butterfly pattern and entered between 1.27 to 1.618 Fibonacci.
We has a strong support at 0.00002129 sats therefore I have set the buying zone upto here maximum.
This potential reversal zone or buying area can be used as stop loss in case of complete candle stick closes below this area.
Stochastic is oversold and has given bull cross signal.
MACD is strong bullish.
Volume profile of complete pattern is showing less interest of traders at this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003318 to 0.00002129
Sell between: 0.00009833 to 0.00017981
Regards,
Atif Akbar (moon333)
We has a strong support at 0.00002129 sats therefore I have set the buying zone upto here maximum.
This potential reversal zone or buying area can be used as stop loss in case of complete candle stick closes below this area.
Stochastic is oversold and has given bull cross signal.
MACD is strong bullish.
Volume profile of complete pattern is showing less interest of traders at this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003318 to 0.00002129
Sell between: 0.00009833 to 0.00017981
Regards,
Atif Akbar (moon333)
