Band Protocol is showing several bullish continuation signs after breaking out of that triangle and the descending TL.
We expect 50MA and 200MA to be retested before bouncing higher, let's not miss next dip!
Current Price= 5.8682
Buy Entry = 5.8161 - 5.6661
Take Profit= 6.1170 | 6.3439 | 6.7494
Stop Loss= 5.4393
Risk/Reward= 1:1.25 | 1:2 | 1:3.34
Expected Profit= +19.65% | +31.50% | +53.58%
Possible Loss= -15.78%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 1 week