It seem to be that the price action has failed to break the 200MA and now the 1st red appeared on heikin ashi candle. We have a 100MA support between 0.382 to 0.50 fibonacci retrecement. The RSI is is overbought and bearish. I have defined the targets accordingly and insha Allah I am expecting that the price action will follow these directions.
Regards, Atif Akbar (moon333)
Operación activa
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Yester day the steem dumped badly more than 88 percent but it recovered shortly even not a single 15 minute candle stick closed below the buying area or more than 0.786 fibonacci retracment of X to A leg, this it the power of steem. insha Allah it will hit the target soon. I would suggest to keep observe the market news about steem if it is having some trouble.
Operación cerrada manualmente
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I was expecting a bullish BAT formation but exteme sell off on 25 jan has changed the moves of price action therefore I am closing this idea and I have posted the below new idea accordingly plz follow this one.