BOND showing signs of revovery above key support at 1,90


Market & Ticker: Barn Bridge – BOND/USDT 



Date: 28/08/2023 

Horizon / Timing:  Tactical Mid-term / 1 to 3 months 



Barn Bridge (BOND) os showing signs of recovery while RSI indicator is bouncing off oversold area- this configuration is common before strong recovery move ! 
At the current price the potential of BOND stands at 3,00 and 4,28 maximum. On the near to mid-term basis 1,90 is acting as robust support to add in dip in the 2,20/2,30 in order to anticipate the recovery. 


Technical Key Elements: 

- Auto similar move potential shows target at 4,28 
- RSI indicator is bouncing off oversold area with strong momentul 
- The Moving average are still resistance 
- Fibonacci key support is adjusted at 1,90 while the Elliot wave shows upside potential towards 3,00 and 4,28 

Trade Idea conclusion:  Buy - Conviction:




Target 2: 4,28 

Target 1: 3,00 

Buy: add in dip area 2,30 

Stop: 1,90 (Daily close) 



Chart: Daily Basis (Candle Stick) - Logarithmic  

Indicators: Exponential Moving Average (21/34/89) - RSI (21) 


240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma


The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act. How we keep your money safe.