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Ethusdcrypto

ETHEREUM has completed cypher | 64% expectedThe priceline of Ethereum / U.S Dollar Cryptocurrency has formed cypher pattern. The price action is entered in potential reversal zone and we has 50 simple moving average and 100 SMA supports in PRZ area. The MACD is turning bullish. Stochastic is oversold. From here the price action can move up to hit the sell targets soon insha Allah. The targets are set using Fibonacci sequence. The targets are: Buy between: 224.73 to 191.33 Sell between: 251.00 to 314.20 Regards, Atif Akbar (moon333)
BITFINEX:ETHUSDLong
by moon333
Ethereum hits the support of pennant | Upto 129% profit expectedThe second largest cryptocurrency is moving within a pennant and now the priceline has hit the pennant support. We have a 200 MA as firm support beneath the pennant's support. The volume profile is also showing weak interest of traders at this point. The RSI was already oversold and now turned bullish. The MACD also has given weak bullish signals. We have a formation of bullish butterfly pattern within a pennant with all perfect dimensions but last leg is little bit shorter that the required length. The required leg is atleast 1.27 fibonacci but here on chart the C to D leg is retraced upto 1.255 fibonacci which can be ignored, however if the price action will take more drop then it can be reversed from the potential reversal zone of bullish butterfly between 1.27 to 1.618 fibonacci. The targets are: The buying can be placed here or between : $188.9 to $141.2 Sell between: $256.81 to $326.42 Regards, Atif Akbar (moon333)
BITFINEX:ETHUSDLong
by moon333
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