The priceline of Ankr / Bitcoin Cryptocurrency is moving within a parallel channel.
Now the price action has hit the support of channel.
The RSI is already in oversold zone.
Volume profile is showing weak interest of traders below the channel's support.
A double bottom formation is expected.
From here the price action will take bullish divergence soon insha Allah to hit the sell targets.
I have defined the sell targets using fibonacci sequence and those targets are as below:
Sell between: 0.00000088 to 0.00000113
Regards,
Atif Akbar (moon333)
Now the price action has hit the support of channel.
The RSI is already in oversold zone.
Volume profile is showing weak interest of traders below the channel's support.
A double bottom formation is expected.
From here the price action will take bullish divergence soon insha Allah to hit the sell targets.
I have defined the sell targets using fibonacci sequence and those targets are as below:
Sell between: 0.00000088 to 0.00000113
Regards,
Atif Akbar (moon333)