moon333

ADAUSD forming bullish Butterfly pattern|A good long opportunity

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KRAKEN:ADAUSD   Cardano
Priceline of ADA / USD is forming a bullish Butterfly pattern and soon it will be entered in potential reversal zone to hit the sell targets insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets.

Buy between: 0.048211 to 0.046442

Sell between: 0.049584 to 0.052906

Enjoy your profits and regards,
Atif Akbar (moon333)


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