Bandshort
Will band break out of the falling wedge or retest first?With the breakout towards upper levels of bitcoin dominance, we could expect altcoins to outperform bitcoin until bitcoin reaches all time high levels. In this connection, band seems likely to break out to the upside of the falling wedge. the MACD on the weekly shows a golden cross but it seems weak to me. Let me know what you think.
BANDUSDTThe BAND currency code that is left of all Binance Innovation tokens, in the technical chart and from a fundamental fractal point of view, after a time correction and unwillingness to fall and the existence of buyer power, due to fundamental issues and the attractiveness of Oracle trends in a few weeks. The future is in a fascinating range.
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Strong resistance expected at THIS level & support to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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More bullish confirmation - can it reach this measured target?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
BANDUSDT: Possible Long (18.10.2020)At D1, the price has broken up the downtrend line. The trading volume increased significantly, and a good initial impulse was formed.
In addition, a divergence between the price and the RSI was formed on D1.
On H4, the price set a new high at $ 7.5 and found support at the 61.8% Fibonacci level. RSI reached the oversold level and began to recover.
We recommend buying BAND, to keep the position above $ 11.