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weslad
11. Jul. 2021 05:31

BandBtc Correction in progress 

BAND / BitcoinBinance

Beschreibung

Spotted potential falling wedge, price breakdown Bearish pennant within the pattern setup. This coin required lot of patience, either we wait to buy the wedge breakup or wait for price to break immediate support to Long from the major demand zone.

Make sure to follow the suggested BUY zone on the chart with stop loss advised and leave us your comments about the our market view.
Thank you.


Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio. Wish everyone success.

Trade ist aktiv

Trade ist aktiv

Trade ist aktiv

Kommentare
jackfischlum
breakout, no ?
testertje777
At this point that's a 50% correction against BTC if that last breakdown happens.
If bitcoin makes a correction of 10-20% at this point, it looks like it will, Band will make a 20-40% correction.
USD wise it is at around 8 USD. So in a possible correction it will fall back to 6.4 USD if Bitcoin corrects 10%, which sounds possible to me, considering it has support around that USD price target.
Honestly I don't see anything lower than ~6.4 USD happening in case of a correction, but you never know.
testertje777
I must say, it does look good from a technical standpoint right now.
MonoCoinSignal
Thanks for sharing
SAROARNUR1
Brother this is my account @saroarnurnr😭😭😭😭 please if possible give me this opportunity 😭😭😭😭🙏🏼🙏🏼🙏🏼
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