🌟 Techincal Analysis 🌟
And resting important fib level (0.618)
buy zone : after break of the neck area of the pattern
or after the retest
Never trade without idea and analysis
Dont forget the stoploss
Good luck and happy trading 🌹
💎Technical Analysis Summary💎
-BAND fell below its key level of support around 51k sat area
-Currently, it is a consolidation of the potential bear flag
-This is not good in the short term price action
-If you are looking for a good position swing entry
-Wait for the price to reach the next key level
-And patiently look for bullish signs
Hi, my friends hope you are well, there is another bullish wave possible by the price action of the BAND protocol token.
Formation of bullish BAT pattern:
This time on a 4-day chart the BAND token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to...
BAND has been rejected since hitting a top at over 3870 sats! BAND is now struggling to maintain above the 50MA after one small bounce. I expect BAND to retrace a bit further down to a potential buy zone and what could be a short term support line at 3000-3150 sats. This is a great entry point, as a double top would then be expect at T1 of 3602...