BAN Analysis (8H) This coin is somewhat risky and highly volatile, so only allocate a small amount of capital.
From the point where we placed the green arrow on the chart, a bullish phase seems to have formed on the BAN chart. This phase appears to be a diametric pattern, and we are currently in its final wave, wave G.
If the price reaches the red zone, we can look for sell/short positions.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Banbtc
Band Protocol BANDUSDT - Head and Shoulders- Head and Shoulders reversal pattern is a strong indication of trend reversal
- You can buy a breakout of the head and shoulders neckline
- The price is above 20 and 200 daily MA
- Target is previous swing high
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