$BAND/BTC 3D (Binance Spot) Big falling wedge near breakout

29 Kas 2021

Band Protocol is starting to show some reversal signs, next impulse should be enough to regain 50MA support!

Current Price= 0.0001362
Buy Entry= 0.0001368 - 0.0001164
Take Profit= 0.0002209 | 0.0003189 | 0.0004976
Stop Loss= 0.0000889

Risk/Reward= 1:2.5 | 1:5.1 | 1:9.84
Expected Profit= +74.49% | +151.90% | +293.05%
Possible Loss= -29.78%

Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 8 months

Website: bandprotocol.com/

7 Ara 2021

İşlem aktif

First entry filled

BandProtocol is trying to break-out of the wedge, let's see if strong enough to do so!

7 Ara 2021

İşlem aktif

Second & third entries filled

Seems like BandProtocol was not ready yet and dipped a last time giving us the opportunity to average the entry price.
Support is holding so far, bullish scenario is still in play and targets remain valid!