on daily pattern , we reached the longterm pivot ! (means weekly timeframe )
its a continuetion pattern ( bearish daily )
and it means we can start the deppression phase on crypto and the microeconomic !
we are looking for (give up ) phase ! for having bullish market !
Hey friends ; )
We have start buying the Band .
——————
We buying it in 9,2 - 8.2
Stop lose 7.6
Targets : 9.6 - 10.3 - 12
——————
Have a nice trade , guys ))
With the breakout towards upper levels of bitcoin dominance, we could expect altcoins to outperform bitcoin until bitcoin reaches all time high levels. In this connection, band seems likely to break out to the upside of the falling wedge. the MACD on the weekly shows a golden cross but it seems weak to me. Let me know what you think.
The BAND currency code that is left of all Binance Innovation tokens, in the technical chart and from a fundamental fractal point of view, after a time correction and unwillingness to fall and the existence of buyer power, due to fundamental issues and the attractiveness of Oracle trends in a few weeks. The future is in a fascinating range.
GOOD LUCK👍🏻
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At D1, the price has broken up the downtrend line. The trading volume increased significantly, and a good initial impulse was formed.
In addition, a divergence between the price and the RSI was formed on D1.
On H4, the price set a new high at $ 7.5 and found support at the 61.8% Fibonacci level. RSI reached the oversold level and began to recover.
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