BAND/BTC -the strong parabolic uptrend, over 70% up -early bearish RSI sign -approaching Fib resistance at 0.786 -upward trendline support still intact though -not safe to enter a Long position -wait for a pullback at key support before considering -there is a lot of opportunity in this market
Formation of bullish Cypher: This time on short term hourly chart the price action of Band Protocol (BAND) has formed bullish harmonic Cypher pattern and entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Cypher pattern should be: Buy between: $0.3131 to $0.3031 Sell between: $0.3210 to $0.3401 ...
BAND/BTC BAND broke the descending channel to the upside but not enough follow-through. But if this is the start of a 4H trend change, its potential upside target is up to 6000 sats area and key stop-loss is below 4200 sat.