BOND/USDT Break the Bullish Flag or Fail and Back to demand ??

26 ott 2023

💎 BOND has certainly caught our eye as it navigates through the Bullish Flag pattern. Presently, BOND is at a critical juncture, confronting the resistance trendline within this Bullish Flag formation. A decisive breakout from this pattern is necessary for BOND to sustain its upward trajectory.

💎 Failure to penetrate this resistance trendline could lead to a setback, prompting BOND to seek reinforcement at the demand zone between $3.578 and $3.32, thereby gathering strength for another upward push. Conversely, a successful breach of the pattern, probability could pave a smooth path for BOND to reach our anticipated targets in the supply zone and the bearish OB region.

💎 However, a less favorable scenario might unfold if BOND, while retesting the demand area, struggles to uphold support, jeopardizing its stability. This inability to maintain its foothold could validate a downward momentum, reverting BOND to a bearish stance. Under these circumstances, BOND might retreat towards the Bullish OB for support or potentially descend further, intensifying the bearish pressure.

27 ott 2023

Trade attivo

Boom! #BOND is doing just what we said. Up 20.24% and looking good.