BANDUSDT: Possible Long (18.10.2020)
At D1, the price has broken up the downtrend line. The trading volume increased significantly, and a good initial impulse was formed.
In addition, a divergence between the price and the RSI was formed on D1.
On H4, the price set a new high at $ 7.5 and found support at the 61.8% Fibonacci level. RSI reached the oversold level and began to recover.
We recommend buying BAND, to keep the position above $ 11.
In addition, a divergence between the price and the RSI was formed on D1.
On H4, the price set a new high at $ 7.5 and found support at the 61.8% Fibonacci level. RSI reached the oversold level and began to recover.
We recommend buying BAND, to keep the position above $ 11.
