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UnknownUnicorn10064030
Aug 20, 2022 12:19 PM

BAND/USDT - Market Update 20.08.22 

BAND / TetherUSBinance

Description

Hello Traders!

The price of BAND continues to move in a downward trend, testing the support level of $1.30. On the weekly timeframe, the price remains under the MA100 and under the resistance at $3.11 and $5.63, which indicates the continuation of price formation in the downward direction. Considering medium-term positions would be interesting in the case of a drop.

The range for accumulation will be a zone of $0.56-0.77.

The targets are the price levels of $3.11 and $5.63

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice
Comments
dmeyer08
Hello! Can we get an update on your BAND chart? Was $1 the bottom? It's looking good right now but your $.55 still possible.
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