Altcoin markets look super bearish at the moment, but I think BAND is closing in on very strong support in both price action and the 200 DMA. If it doesn't bounce here, there's a long way down. My long targets are roughly between $9 and $12 before the end of the year, but it's not going to be easy to get there. If it drops below $4, I wouldn't even think about buying until it closes at or below $2. Let's see what happens.
交易進行:
I am accumulating right now.
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Currently in the green, but barely. There were a couple of down days that I considered stopping out. The daily candle wicked, but did not close below $4 -- so ultimately I chose to hold. I believe this is the start of the bounce, but will lower my initial targets from $9 - $12 down to $5 - $7.5 since the price sunk so deeply into support.
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If it breaks out above $12 and holds, new price target is $19!