BAND / TetherUSShort
Band ready to hit 1$ soon
As you can see BAND just printed a bearish flag in a 4h time frame chart.
Taking in to account the current market situation i think that we can expect a retest of the lower trend line of the flag.
That is too a retest of the 55 4h exponential moving average and the retest of a strong broken support.
I will open a short position at 1.428$ with stop loss at 1.56$ and targets 1.01$, 0.76$ and 0.57$.
I will be glad to see what do you think in the comments and if you agree with me don't forget to give me a like, it helps a lot.
Taking in to account the current market situation i think that we can expect a retest of the lower trend line of the flag.
That is too a retest of the 55 4h exponential moving average and the retest of a strong broken support.
I will open a short position at 1.428$ with stop loss at 1.56$ and targets 1.01$, 0.76$ and 0.57$.
I will be glad to see what do you think in the comments and if you agree with me don't forget to give me a like, it helps a lot.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.