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
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