BONDUSD trade ideas
Is Bond finally ready to go bullish?Bond loos very oversold on the rsi. On the weekly and daily.
It is at a critical support level from May 2022.
If it breaks out of this trend line we could be seeing a good bounce to the upside.
Selling at $18Ive accumulated a lot these past couple months from $1.38-$2, I expect price to reach around $19.20 or so but will sell conservatively at $18. I expect it will go beyond the $6 figure because on the weekly CRYPTO:KRAKENUSD chart there is a large multi-year triangle, that once the $3-4ish resistance is broken, will propel it well above $6 to the next resistance on this 36 day chart, the $18 or so level
Rebound incomingLarge dragonfly doji candle, accompanied with the most volume in a single 1wk period for all of bond's history, and a perfect technical double bottom. To $7!
Cool Pattern Going onJust look at the current wick and body structure occurring at the top yellow resistance line. Very interesting. In general, Im bullish on this coin looking at other technical charts, but this pattern is fascinating to say the least. Im expecting it to honestly break above the yellow at some point, but will have to watch it live when it nears that resistance alongside other indicators to see whether it may or may not this upcoming go around.
Bonds big move starts this or following candleOn the 2 day timframe, BONDs RSI open rose above its major resistance and has historically had a large breakout on the same or following sets of candles
BONDUSD after REEF the second worste coin everThere are no buyers here.
Squeez out what is to force investors out of a position. Because of that price went to 6 usd not because of value of BOND.
If you look at the past you will see just downside of price, nothing more...
BONDUSDAs we see, playing with BOND is very changeable. 21 usd is BIG reistance. Price tried many times to break through. We could say that 21 usd is very dificult to cross it. Falling period is not over. For growing period we need price over 6 usd.
Will we see 2 usd again? It is possible. According to the current situation, it is a more likely to see USD 2 than USD 6.
BONDUSD bearish patternEMA 50 crossed EMA 20 on 4h chart. Bearish signal.
Price will fall.
My view: price wll fall to 1,30 usd and then bounce to 14 usd.
We have to wait one year for price of 14 usd (late 2024).
Let us see.
✴️ BarndBridge Major Bullish Breakout | 100% & More...BarnBridge (BONDUSD) produced a 100% bullish breakout today, recovering 3 months of losses/bearish action in a single day, just a few hours.
This strong action pushed prices above EMA50 and EMA100 on the daily timeframe, this is likely the beginning of what is about to take place.
A 100% jump within hours is really strong.
This is not a squeeze, this is the market waking up.
This can lead to weeks, months or even years of sustained growth.
We never see this type of action in a bear market, we only see this in the recovery phase before a major bull-run.
Namaste.
Bond back at $3. Best time to buy & ride the wave back up to $28BOND has been waiting to have its time again. Now is the best time to buy at $3 and hold for the next explosion to $28 and beyond. Grab it while its cheap!
