Band Band is in an interesting spot. Large volume came in on this last dip and price is attempting to break above. Daily closes above 8.96 are critical if this is to move up. BTC looks like it could be rolling over and if you zoom in on band/usdt you will see a potential h/s forming on the 1 hour chart just above the critical 8.96 level. If BTC moves lower this will move much lower. However, Its worth it to watch this one. A break of the trend line around 10.18 could lead to a run @ 36 or above. I strongly urge caution in this environment, do not chase price, be patient. Comparing the difference in market cap between band and link you will see a big difference. Link is the top dog no doubt. Given the moves recently in Atom, I would expect band to try and close that gap a bit.. BTC providing..... gl
BANDUSDT trade ideas
We finally reached the weekly moving average. Correction time?Now that we've hit the moving average, might the blue box act as a possible support zone if there's a crash?
Also, we have our cup, but where's our handle? Oh look, it's at the top of my blue box if we're bullish for September, or we might hit that bottom support first if we're bullish closer to December.
BANDUsdt analysHello friends.
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Everything on the chart.
open pos: 9.7-9.2
target: 11 & 13
after first target reached move ur stop to breakeven
stop: 8.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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BANDUSDT - Unique Wedge Spotted !! Found out this rear wedge , didn't see it often! Does it has a name already?
Otherwise i want to call it TCA Wedge!
Anyway i expect this one to find resistance between 12 and 12.5
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