BNB has formed a bullish BAT | Another good long opportunity
The priceline of Binance Coin / TetherUS has formed a bullish BAT pattern and entered in potential reversal zone.
We have 100 simple moving average support in PRZ area which will help the price action to take the bullish divergence insha Allah.
Volume profile showing weak interest of traders.
Stochastic RSI is oversold and giving bull cross.
Bollinger bands is expanded and candle sticks are hitting the lower band.
I have used the Fibonacci sequence to set the targets and the targets are as below:
Buy between: 28.6180 to 28.0750
Sell between: 29.0397 to 30.0599
Regards,
Atif Akbar (moon333)
We have 100 simple moving average support in PRZ area which will help the price action to take the bullish divergence insha Allah.
Volume profile showing weak interest of traders.
Stochastic RSI is oversold and giving bull cross.
Bollinger bands is expanded and candle sticks are hitting the lower band.
I have used the Fibonacci sequence to set the targets and the targets are as below:
Buy between: 28.6180 to 28.0750
Sell between: 29.0397 to 30.0599
Regards,
Atif Akbar (moon333)
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