BAND / Bitcoin
Long
Zaktualizowano

One breakout please, BANDBTC?

261
BANDBTC has been in a downward trend for more than a year. On the daily this looks like a huge bull flag and there were already a couple of attempts to breakout to the upside in the recent weeks.

It is a good time to watch BANDBTC in my opinion: If it holds above ~1040 we may see a big push to the upside with a lot of potential (~61x).
The volume has been declining and is quite thin since a couple of month. So basically waiting for that breakout with respective volume as confirmation.
The targets are on the chart. I would set the stop loss to <= 950.
Zlecenie aktywne
Close above 1040 (above EAM 100) and moving upwards. Looks good to me. First target would be ~1400 in my opion and then the upper resistance of the smaller descending channel. If we break that resistance, we should move a lot higher.

One may also argue that we have a double bottom on the daily: The trend reversed.
Anulowano zlecenie
Too bad stop loss hit.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.