In my previous BAND post I argued that the break out would lead to a strong bullish move upward. Sadly, the previous idea hit its SL recently. However, that doesn't mean that the trade is invalid. Today's massive candle break out has in my view started a new upward move for this amazing coin.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
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