Dawnchorus

BAND - Bull Flag Breakout!!

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Dawnchorus 已更新   
COINBASE:BANDUSD   Band Protocol
So, BAND decided to go into a bullish continuation pattern it seems - and it is sitting above the flag formation in a breakout fashion right now.

My measurements on the flagpole give roughly a 50% move - where I do have confluence with fibs at around 18 bucks.

There are upper targets beyond that, but for the purpose of this idea of a bull flag breakout - I am saying go for about 50% at around 18 bucks.

I'd keep your stop/loss somewhat tight on this, however, because volume is still quite low.

Thank you and enjoy profits if this continues to break-out!


交易進行:
They are trying to shake people out of this it looks like. They brought the price action back into the flag. It is looking a tad shaky, but will look to add if they take it down.
交易進行:
Just as above - the breakout failed and went back into the flag, where we've tested the bottom of the flag a couple of times since then. It'll be nice if this holds up.
交易結束:達到停損點:
Stop wasn't actually reached - but bitcoin looks like it has formed a double top - the daily closed as a shooting star. I would not have any open positions personally.
交易進行:
OK - We found support in the local 618 pocket - and just did a short term down trend break - looks to be back on track!
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