Priceline of leading cryptocurrency Bitcoin / US Dollar has formed a bullish cypher pattern and entered in potential reversal zone. Price action is getting bouncee from 200 simple moving average support. Volume profile of complete pattern is showing that traders interest can't be developed at this area. I have defined targets using Fibonacci sequence as below:
Buy between: 10083.9 to 9836.8
Sell between: 10278.5 to 10745.6
Enjoy your profits and Regards, Atif Akbar (moon333)
i thing the pattern is showing going to fail the btc is going to down ?
moon333
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@alishah1950, the sell target has been hit bro, soon i will post more analysis on btc
alishah1950
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@moon333, sir g your target is this you mention before and i still waiting 10278.5 to 10745.6
moon333
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@alishah1950, dear today btc has hit 10289 but indicators are still bullish it might give some more, but own strategy is to take exit at 0.382 fibonacci which is the minimum target.
alishah1950
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@moon333, yes u right but i am in loose and i am very sad and waiting your next to display ???