BAND / TetherUS
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Band Protocol (BAND) - Bullish divergence

5 622
** Trading opportunity **

On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months.

3) Support and resistance, price is on strong historical support, look left.

Is it possible price action continues to correct? Yes.
Is it probable? No.

Ww

Type: trade
Risk: <= 6%
Timeframe: Act now
Return: 50x
Dagangan aktif
nudge nudge wink wink
Nota
on support
Dagangan aktif
A good moment.
Dagangan aktif
2-day GRM confirmation
Nota
nudge nudge
Dagangan aktif
Pesanan dibatalkan
Should the $1 support fail it is straight to 30 cents for the next. Would wait for confirmation of support on the dollar area for a week before adding to existing longs.

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.