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Classical pennant setup on the 4H BAND/ BTC chart.
Will wait for close above sloping resistance before piling in. I'd be VERY surprised if this broke bearish , considering all the hype there is around oracle coins right now.
Now that Link is testing $20, bulls will be looking to get into BAND as the cheaper alternative. I think big buyers are waiting for a clear breakout signal before jumping back into this, so entering before that will be a gamble but the pay off could be very good.
Set stop losses!
Will wait for close above sloping resistance before piling in. I'd be VERY surprised if this broke bearish , considering all the hype there is around oracle coins right now.
Now that Link is testing $20, bulls will be looking to get into BAND as the cheaper alternative. I think big buyers are waiting for a clear breakout signal before jumping back into this, so entering before that will be a gamble but the pay off could be very good.
Set stop losses!
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