Hi dear friends, hope you are well and welcome to the new trade setup of BarnBridge (BOND) token with Bitcoin pair.
Recently we caught a nice pump of BOND:
Now on a 4-hr time frame, BOND has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
The bond bull is over and the new path to rising rates. It looks like we have reached the resistance of the red box , there is a chance we do an over shoot like we did at the bottom and then reverse to the green box ( which will be adjusted is the if we over shoot). Then we keep rising in a wave like manner.
Interest rates are going to continue to move up to help drain the excess liquidity in the system. TGA will spend the last of its money in the form of a stimulus package, then we will see a great reversal on the dollar and interest rates, as cashflow continues to dry up, banks too scared to loan to each other (and therefore not make consumer and commercial loans),...
