BAND/BTC (Short Term Downtrend?)
BAND/BTC
-This coin is on a short term downtrend
-Its value has depreciated by over -40% from the High
-Technically, there is no strong support at current market price
-The area which is likely to react is somewhere around 72350 region
-This is a confluence of Golden Fib level, 200ma support, and previous resistance
-So the chance we might see a bounce up reaction is high
-I recommend opening Buy orders only if there is a bullish rejection
-Because this will give us extra confirmation of support is being built
-This coin is on a short term downtrend
-Its value has depreciated by over -40% from the High
-Technically, there is no strong support at current market price
-The area which is likely to react is somewhere around 72350 region
-This is a confluence of Golden Fib level, 200ma support, and previous resistance
-So the chance we might see a bounce up reaction is high
-I recommend opening Buy orders only if there is a bullish rejection
-Because this will give us extra confirmation of support is being built
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.