benjihyam

$BAND to $4?

Long
benjihyam Updated   
COINBASE:BANDUSD   Band Protocol
BAND seems to be consolidating for a large move higher.

As you can see from the chart, band broke out from almost a year long bull flag, has been consolidating in a channel and now looks to be ready to move up.

Should it break higher, I think the first stop is around the $4 level. If it continues, potentially $7+.

Let's see what happens.
Comment:
Market looks weak here. Will take profits and reenter if we get a move down.

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