On the 4H timeframe, BAND has formed a clear inverse Head & Shoulders pattern, signaling a potential bullish reversal. The breakout is already confirmed, with momentum building above the neckline.
The pattern projection suggests a first target at $1.00, which aligns with key resistance. A sustained move above this level could open the way for a larger continuation rally, positioning BAND for a much bigger bullish leg.
The pattern projection suggests a first target at $1.00, which aligns with key resistance. A sustained move above this level could open the way for a larger continuation rally, positioning BAND for a much bigger bullish leg.
Trade closed: target reached
all three targets 68%
🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
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.
🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
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.