Band

Updated

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

Note

Long @ 9.11 going to exit the trade if it moves down to 8.85.....not financial advice.

Note

closed out, back to watching

jbcal

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