One breakout please, BANDBTC?
BAND / Bitcoin BINANCE:BANDBTC
BANDBTC has been in a downward trend for more than a year. On the daily this looks like a huge bull flag and there were already a couple of attempts to breakout to the upside in the recent weeks.
It is a good time to watch BANDBTC in my opinion: If it holds above ~1040 we may see a big push to the upside with a lot of potential (~61x).
The volume has been declining and is quite thin since a couple of month. So basically waiting for that breakout with respective volume as confirmation.
The targets are on the chart. I would set the stop loss to <= 950.
