BANDUSDT.P trade ideas
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BANDThursday, 29 April 2021
18:55 PM (WIB)
BAND also really interesting for me. From Exponential Moving Average (EMA) it is having strong direction for moving higher, that because all of the lines are getting closer together right now. This also confirmed after touched the Resistance and Support. Band has huge volumes for trades I thing, it was shown from the Bears volumes and the Bulls volumes. I need to watch and learn the movement from now on. It seems the price is on consolidation move to moving higher and higher from today.
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RyodaBrainless
"Live to Ride and Ride to Live"
the target of the 5th wave of Elliott: $23, $37, or $52It is suspicious to cypher or shark harmonic patterns on $23 but also could form these patterns at $37 and $52 so I don't open long position till breakout of $23 and wait to it lost the uptrend support and then pullback to it to open short position. the targets of the slide have been determined with the assumption of the $23 ATH and if it reaches $37 or $57 these targets will change.
AB=0.61 XA
BC=1.13 AB=$23
or
BC=1.42 AB=$37
or
BC=1.6 AB=$52
tp1=0.78 BC=$4.8
tp2=0.78 XA=$1.97
tp3=1.6 BC=$0.94
tp4=2 BC=$0.45
tp5=2.24 BC=$0.27
I know about the great fundamental of Band protocol and these targets seem ridiculous.