FieryTrading

BAND/USDT Bullish Triangle: Road To All-Time-High

Long
BINANCE:BANDUSDT   BAND / TetherUS
BAND/USDT has recently touched the last high around $11.40, after which it formed a double top and went down for a little.

Currently, the price bounced off two times from the $9.40 support, sending the price back up. We can clearly see a bullish triangle pattern developing on the chart, ready to take-off!

For now, R1 is the first resistance to beat, placed at the top resistance level of the bullish triangle. After that, the road practically clear of any obstacles till R2, marked at $13. If we manage to take that resistance out, be prepared for new all time highs. Happy trading!

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