moon333

IOTAUSD formed a bullish Shark pattern|Upto 123% potential trade

Panjang
BITFINEX:IOTUSD   IOTA
After completion of gartley pattern the priceline of IOTA / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area can be used as stop loss in case a complete candle stick closes below this area
Volume profile of complete pattern is showing less interest of traders at this area.
MACD is turning bullish
Stochastic is oversold but did not give bull cross.
I have used Fibonacci sequence to set the targets:

Buy between: 0.2612 to 0.2052

Sell between: 0.3288 to 0.4595

Enjoy your profits and regards,
Atif Akbar (moon333)

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