CaptainBean

BAND BTC DEFI TOKEN PULLBACK DUE?

Long
BINANCE:BANDBTC   BAND / Bitcoin
These DEFI projects are going crazy and i've been looking for an entry on this one. Maybe this is it if it gives.

We just saw an extension based on Fibs to the 2.618 based off the 10th May low, 26th May high and the 27th June low.

What i'm looking for now is a pull back to the channel high which is confluent with a Daily level, Fib golden pocket and the aforementioned channel top. So around the green box area 28577 sats - ish .

Will i get it? I don't know but the confluence is there for me for at least a decent scalp.

Trade closed: target reached: Target reached. Will we bounce from here or will BTC send it lower?

Comments

A retrace to 28577 seems to large with the overall trend, both of BAND, the Oracle segment trend and overall crypto trend. The 1.618 is more realistic 38750 range.
I'm overall bullish as this uptrend is several weeks now and I believe there's room for another 400% over next 2-3 months based on momentum.
Reply
CaptainBean ChilledVentures
@ChilledVentures, Target reached. Maybe it bounces now but i doubt it.
Reply
ChilledVentures CaptainBean
@CaptainBean, Wow. I'm amazed by size of pullback. Significant. For BAND and most Alts. Let's find out
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