Analysis for BAND protocol.
- Band has seen the $15+ range twice before and looks increasingly comfortable there
- Over the past 4 weeks BAND is up 136%, there are amazing returns. Congrats if you caught the bottom.
- $9-11 is a resistance zone- Both with 200 MA and resistance on longer timeframes. Historically, when on a strong uptrend the $9-11 zone has proved to be choppy (downward sticky and volatile).
- Once it has broken the $11 range, next stop is $15-17
- Weekly timeframe indicators look bullish
- Band has seen the $15+ range twice before and looks increasingly comfortable there
- Over the past 4 weeks BAND is up 136%, there are amazing returns. Congrats if you caught the bottom.
- $9-11 is a resistance zone- Both with 200 MA and resistance on longer timeframes. Historically, when on a strong uptrend the $9-11 zone has proved to be choppy (downward sticky and volatile).
- Once it has broken the $11 range, next stop is $15-17
- Weekly timeframe indicators look bullish