BANDBTC - UPDATE: Following Papa LINK?

2020年9月26日

I took a look at BANDBTC a little while ago, we had some interesting moves today.

Market in general was pumping, BAND had some good movement.

Let's have quick recap, plus some things I'm seeing.

• We're in a downward channel since the highs just before the dump.
  
• We had hit what seemed to be the first solid support in a while. Though no real historic claim to that.
  
• BAND tends to follow LINK. They are both security protocols, I think a lot of people conflate the two.
  
• EMA 100 was bounced back to nicely today.
  
• MACD looking like a healthy cross with some greens sprouting. Ripe for action.
  
• Stoch is building, but not quite at overbought yet.
  
• decreasing sell volume the last few red days.
  

There's a decent chance she'll swing back down to support, if LINK or BTC decides to drop rapidly for example. But if LINK holds strong above $10 I think we can confidently say BAND will keep moving, maybe after a little correction down.
Closest indicator to it retesting would be the Stoch is getting high.

Invest at your own risk here, I'm just speculating.

TP's:
#1- 0.00075
#2- 0.0009

SL: Just below prior support. If she breaks it'll be down to the next historic support likely.

--
“Test fast, fail fast, adjust fast.” — Tom Peters
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I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.

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2020年9月28日

ノート

It may be hitting it's bounce now. If the market doesn't dump tomorrow retest has a good chance.