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benjihyam
Dec 19, 2023 10:50 PM

$BAND to $4? Long

Band Protocol / United States DollarCoinbase

Description

NASDAQ: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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