Band Protocol (BAND) - Bullish divergence

** Trading opportunity **

On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months.

3) Support and resistance, price is on strong historical support, look left.

Is it possible price action continues to correct? Yes.
Is it probable? No.

Ww

Type: trade
Risk: <= 6%
Timeframe: Act now
Return: 50x

Trade active

nudge nudge wink wink

Note

on support

Trade active

A good moment.

Trade active

2-day GRM confirmation

Note

nudge nudge

Trade active

Order cancelled

Should the $1 support fail it is straight to 30 cents for the next. Would wait for confirmation of support on the dollar area for a week before adding to existing longs.

without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on:

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: