Gokyo

My idea of the moment on BAND VS USDT.

BINANCE:BANDUSDT   BAND / TetherUS
Wait for the bearish divergence to be cancelled (not yet confirmed). Buy zone in the "buy zone" triangle. We have not broken the level of this summer.

- Momentum is almost good.
- The structure is not ready.
- Volatility too high.
- Buying volume seems to be losing strength but obv is increasing in daily.
- Confluence at TP level.
- A nice hole in the volume profile around $16.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.