With the recent plunge of Bitcoin, BAND/USDT has failed to reach the previous swing highs around $11.50, sending the price back down.
With this recent fall of BAND, we can see the early signs of a bearish triangle in development. The target for this trade setup is the support line marked on the chart, since it's the bottom of the bearish triangle.
Happy trading!
With this recent fall of BAND, we can see the early signs of a bearish triangle in development. The target for this trade setup is the support line marked on the chart, since it's the bottom of the bearish triangle.
Happy trading!
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