testertje777

BAND/USD - if this has been on your watchlist, now is the time

Long
testertje777 Updated   
BINANCE:BANDUSD   BAND
Band Protocol has been very volatile the past months and hasn't made any upward moves in general. In the bigger picture this has been a consolidation phase.
When things get frustrating, a reversal signal is nearby. Indicators also don't lie.
This is the time to start dollar cost averaging and riding a huge run during the months to come.
Comment:
Band Protocol has been consolidating and is not respecting the trendline.
While Bitcoin dominance is increasing and alts are bleeding, the outlook is pretty bearish.
I have been averaging in the 6-8 price zone and and have been taking some risk off the table above 9.5 dollar.
If Band Protocol closes below the 6.4 dollar zone, I will drop my position significantly.
Comment:
6.4 dollar zone has held so far.
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