WAVESUSDT formed bullish Cypher | 15% profit possibility
Priceline of Waves / Tether US cryptocurrency is formed bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.8596 to 0.8258
Sell between: 0.8861 to 0.9498
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.8596 to 0.8258
Sell between: 0.8861 to 0.9498
Regards,
Atif Akbar (moon333)
