Priceline of Litecoin / Bitcoin cryptocurrency is forming harmonic patterns with continuity.
1st the price action formed bullish Shark pattern and gave more than 168% profit, now it has formed bullish BAT and entered in potential reversal zone.
Price action is hitting the support at 0.007001 sats which is not broken since Oct 2017.
Volume profile of both patterns together is showing less interest of traders below 0.007001 sats strong support.
Volume profile fixed range of only current butterfly pattern is showing low interest of traders within potential reversal zone so there are more chances that the price action will take bullish divergence from here soon insha Allah, however for secure trade we can wait for next candle stick to open and close sideways within PRZ area.
I have defined targets using Fibonacci sequence:
Buy between: 0.009461 to 0.008255
Sell between: 0.012336 to 0.016653
Enjoy your profits and regards,
Atif Akbar (moon333)
1st the price action formed bullish Shark pattern and gave more than 168% profit, now it has formed bullish BAT and entered in potential reversal zone.
Price action is hitting the support at 0.007001 sats which is not broken since Oct 2017.
Volume profile of both patterns together is showing less interest of traders below 0.007001 sats strong support.
Volume profile fixed range of only current butterfly pattern is showing low interest of traders within potential reversal zone so there are more chances that the price action will take bullish divergence from here soon insha Allah, however for secure trade we can wait for next candle stick to open and close sideways within PRZ area.
I have defined targets using Fibonacci sequence:
Buy between: 0.009461 to 0.008255
Sell between: 0.012336 to 0.016653
Enjoy your profits and regards,
Atif Akbar (moon333)
