BANDBTC trade ideas
$BAND, Currently reaching High from December '19..$BAND
50% since our setup on Feb 18
Currently reaching High from December '19 & trying to cross above it..
RSI reaching overbought / UCTS buy signals on 1/2D
Buying against resistance looks risky, but looking for potential breakout/flip as entry
#BAND
$BAND,Sitting over support at ~3050sats matching EMA50 on the 1D$BAND
Sitting over support at ~3050sats matching EMA50 on the 1D
UCTS Buy signals on the 1/2D
On lower TFs seeing bullish divergences around RSI & MACD
Previous iterations with this level lead to a bounce back to ~4k (20%+)
Due to #BTC activity I will use a tight SL
#BAND
BAND ANALYSIS (RETRACE IN PROGRESS!)BAND ANALYSIS:
BAND has been rejected since hitting a top at over 3870 sats! BAND is now struggling to maintain above the 50MA after one small bounce. I expect BAND to retrace a bit further down to a potential buy zone and what could be a short term support line at 3000-3150 sats. This is a great entry point, as a double top would then be expect at T1 of 3602 sats, and lastly T2 at 3710 sats. The volume saw a major sell wick and has been decreasing along side the retrace. The current relief rally should give out and fall further into the buy zone. Stagger long bids inside this zone!
Potential buy zone: 3000-3150 sats
BAND : Upto 75% Profits Opportunity In The Mid TermAccumulation Area : 2800 sats - 3150 sats
Distribution Targets :
Short Term :
🎯 Target 1 : 3385 sats
🎯 Target 2 : 3699 sats
🎯 Target 3 : 4014 sats
Mid / Long Term Targets
🎯 Target 4 : 4462 sats
🎯 Target 5 : 5033 sats
🎯 Target 6 : 8124 sats+
Stop Loss : 2300 sats
Invest: 3%
Risk/Reward: 20% / 100%
$BAND, Crossing over ~3000 sats resistance$BAND
Crossing over ~3000 sats resistance on a volume spike, reaching to EMA50 on the 1D
UCTS Slowly showing buy signals on LTFs...
Holding this level or R/S Flip as potential entry
Breaking above descending trendline could be also a trigger
~4k sats as target (30%)
#BAND
BANDBTC is in a good position All of our indicators are referring to buy this coin and I think it's very close to making a good pump, it just needs more volume to fly and not affected by BTC movement.
I think the normal price for it is 0.00008 sat but that's not mean the pump will go to this price but I am talking about the long term of movement.