BAND/BTC Bullish Channel From All Time Low

٢٥ يناير ٢٠٢١

Like a lot of other X/BTC pairs, BAND/BTC is seeing some amazing movement in the last couple of weeks. Since the start of 2021, it has formed a nice bullish channel in which it's trading. Today, we see some good price action going on, indicating that there's much more to come for this pair.

Since it's difficult to predict where the price will hit the upper trend line of the channel, I've marked two resistance areas of interest, based on previous highs, R1 and R2. Feel free to place your own targets.

Happy trading!