BAND Protocol very fluctuates. Good prospects for earning money
The BANDUSDT price is quite dynamic and has been trying to break through the red line of the falling trend throughout November.
During November, buyers organized 3 growth impulses: the first +200%, the second +100%, and the current third is currently +50%. A good regularity)
Since the coin is very fluctuating, it is better to trade it by placing limit orders for buying in advance and similarly for selling at strong levels.
What we did)
We left all the levels from which we trade on the chart - use it if you want
Now the BAND price has once again hit the trend line, and therefore the resistance level, which means it is logical to cover part of the long position. The other part of the long position can be kept up to $2.75, because there is a chance that a consolidation triangle will be formed.
We are ready to take the next long if the price of the BAND Protocol token will confidently be fixed above $2. We hope it will already be above the trend, and then we can more confidently dream of BAND at $7
_____________________
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During November, buyers organized 3 growth impulses: the first +200%, the second +100%, and the current third is currently +50%. A good regularity)
Since the coin is very fluctuating, it is better to trade it by placing limit orders for buying in advance and similarly for selling at strong levels.
What we did)
We left all the levels from which we trade on the chart - use it if you want
Now the BAND price has once again hit the trend line, and therefore the resistance level, which means it is logical to cover part of the long position. The other part of the long position can be kept up to $2.75, because there is a chance that a consolidation triangle will be formed.
We are ready to take the next long if the price of the BAND Protocol token will confidently be fixed above $2. We hope it will already be above the trend, and then we can more confidently dream of BAND at $7
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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