BANDBTC has been in a downward trend for more than a year. On the daily this looks like a huge bull flag and there were already a couple of attempts to breakout to the upside in the recent weeks.
It is a good time to watch BANDBTC in my opinion: If it holds above ~1040 we may see a big push to the upside with a lot of potential (~61x).
The volume has been declining and is quite thin since a couple of month. So basically waiting for that breakout with respective volume as confirmation.
The targets are on the chart. I would set the stop loss to <= 950.
It is a good time to watch BANDBTC in my opinion: If it holds above ~1040 we may see a big push to the upside with a lot of potential (~61x).
The volume has been declining and is quite thin since a couple of month. So basically waiting for that breakout with respective volume as confirmation.
The targets are on the chart. I would set the stop loss to <= 950.
Dagangan aktif
Close above 1040 (above EAM 100) and moving upwards. Looks good to me. First target would be ~1400 in my opion and then the upper resistance of the smaller descending channel. If we break that resistance, we should move a lot higher.One may also argue that we have a double bottom on the daily: The trend reversed.
Pesanan dibatalkan
Too bad stop loss hit.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.