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.

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 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.


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