Priceline of Chainlink / Ethereum cryptocurrency has formed a bullish cypher and entered in potential reversal zone.
But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern.
I have defined targets using Fibonacci sequence:
Buy between: 0.01098500 to 0.01032429
Sell between: 0.01150778 to 0.01275943
Regards,
Atif Akbar (moon333)
But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern.
I have defined targets using Fibonacci sequence:
Buy between: 0.01098500 to 0.01032429
Sell between: 0.01150778 to 0.01275943
Regards,
Atif Akbar (moon333)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.