#BsB Brothers, check the charts; BSB pumped from 0.501 to 1.14.
It's firmly sitting above the Bollinger middle band at 0.954, with the upper band at 1.347 still pushing. The bullish trend isn't over yet.
Now that it's more than doubled, chasing the highs comes with risks.
If it retraces and holds above 0.95, there's a chance for a low-entry. If it breaks below 1.00 support, the bulls are in trouble.
Currently, the trend favors the bulls, making it suitable for low-entry buys. I don't recommend chasing the highs.
If we see a significant volume drop breaking the middle band, then we can consider going short.
I'll update key levels in the Planet Lab in real-time.
If you want to keep up with the action, hit that follow button $BSB .
It's firmly sitting above the Bollinger middle band at 0.954, with the upper band at 1.347 still pushing. The bullish trend isn't over yet.
Now that it's more than doubled, chasing the highs comes with risks.
If it retraces and holds above 0.95, there's a chance for a low-entry. If it breaks below 1.00 support, the bulls are in trouble.
Currently, the trend favors the bulls, making it suitable for low-entry buys. I don't recommend chasing the highs.
If we see a significant volume drop breaking the middle band, then we can consider going short.
I'll update key levels in the Planet Lab in real-time.
If you want to keep up with the action, hit that follow button $BSB .