$BAND/USDT 4h (#Bybit) Descending channel breakout and retest

Band Protocol is pulling back to ascending TL / 100EMA support where a bounce seems likely.
⚡️⚡️ #BAND/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (4X)
Amount: 6.6%
Current Price:
2.042
Entry Zone:
2.040 - 1.974
Take-Profit Targets:
1) 2.189
2) 2.326
3) 2.463
Stop Targets:
1) 1.855
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +36.27% | +63.58% | +90.88%
Possible Loss= -30.29%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 4x
Estimated Gain-time= 1-2 weeks
Tags: #BAND #BANDUSDT #BandChain #Oracle #Web3 #DPoS #DeFi #BSC
Website: bandprotocol.com
⚡️⚡️ #BAND/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (4X)
Amount: 6.6%
Current Price:
2.042
Entry Zone:
2.040 - 1.974
Take-Profit Targets:
1) 2.189
2) 2.326
3) 2.463
Stop Targets:
1) 1.855
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +36.27% | +63.58% | +90.88%
Possible Loss= -30.29%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 4x
Estimated Gain-time= 1-2 weeks
Tags: #BAND #BANDUSDT #BandChain #Oracle #Web3 #DPoS #DeFi #BSC
Website: bandprotocol.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.