After Producing More Than 151% Gains The SingularDTV (SNGLS) Has Now Formed Bearish Crab For Drop

In my previous post of SNGLS with Bitcoin pair we have seen that on 2 day based chart the SNGLS formed bullish Cypher pattern and as per prediction the priceline took a powerful bullish divergence from buying zone and produced more than 151% profit.


Before execution:





After producing more than 151% bullish rally:



Click here to visit this previous article on tradingview




Formation of bearish Crab pattern:


Now this time on midterm 2 day chart the price action of SNGLS has formed bearish harmonic Crab pattern and entered in potential reversal zone and from here it can start a bearish move.



Click here to create free account on tradingview to watch and play the chart on realtime




 Sell Targets:


The sell targets according to Fibonacci sequence of harmonic bearish Crab pattern should be:




Sell between: 0.00000182 to 0.00000215




Stop loss:


The potential reversal zone area that is up to 0.00000215 sats can be used as stop loss in case of complete candle stick closes above this level.




Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.

COMMUNITY DETAILS

Trading & TA

22607

Subscriber

1

Online

Trading & Technical Analysis

RELATED COMMUNITIES

Bitcoin

41181 subscribers

Bitcoin Cash

26509 subscribers

Litecoin

25931 subscribers

Cryptocurrency Mining

25062 subscribers

Zcash

18080 subscribers

Uptrennd Optimization

15087 subscribers

© 2020 UpTrennd.com