Are we in reversal for more upward price action?*DISCLAIMER: These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
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Band
Bullish signs apparent - could this be the bottom for now?The current situation:
1. Price action is currently being supported by the 3D 50 and weekly 21MA with some signs of bullishness in their current or previous candle pattern with a hammer.
2. Seller volume has been decreasing with lower price action and can be more clearly seen on the weekly chart up to this week's candle, which could potentially turn green as it is a hammer right now.
3. There 4X bullish divergence on the 12HR chart and 2x bullish divergence on the 3D chart. IF this plays out, it can be a catalyst for a significant move up.
The bullish case: price action gets a solid close above the daily 21MA, which is currently sitting at about 6.3 USD. This can make a more convincing case for a reversal as the price action has not closed above this MA since the selloff back in September.
The bearish case: price action closes below the 3D 50MA and weekly 21MA signaling lower price action. That can be a bad sign as the price action previously broke down from a double-top pattern, with the neckline at about 10 USD and the measured target of that breakdown is about 2.4 USD.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
BAND. 1D. We plan to buy in the range $3.15-3.86.Thanks to marketing and the DeFi boom, the token made x90 in price in six months)
It's hard to believe)
Now, earlier than at $3.15-3.86, we see no reason to buy BAND.
Further, the bounce fork is very wide. Most likely, the rebound will be in the zone $7.5-10.
Although globally, we believe that the fair price for BAND is around $1.
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BAND/BTC at critical support - a map for the futureBAND/BTC is at critical support.
Losing this level down, it will find support only at the black rising vector,
By the way, one day it will have to touch again the 200 DMA in blue.
If this have to happen from now and April 2021, the lower green support looks like a good place where to accumulate.
If this Band have a future, 2 interesting targets are in red.
Good luck
nice confirmation of the trend? Or?BAND is one of the other coins that completes its correction phase. Even today's sale did not break the long-term trend line (red line). If the bulls do not defend this line, we will either confirm the short-term minimum, or according to fib, the support could be at the level of $ 4.64. So far, it looks like the trend will keep this coin and thus break the declining pink border. If this happens, we should choose to test higher supports at $ 9.5, $ 11.4 and $ 13.86.
This can be seen in the $ 9.5 (pink arrow) testing scenario, the subsequent correction and confirmation of the completion of the consolidation. There would be an orange trend that should not be so easily broken. RSI and CCI also show favorable indicators.
I believe I'm not the only one interested in this coin, so I'll be happy for any likes or comments about this coin.
BANDBTC forming bullish BAT | Upto 361% move expectedHi, my friends hope you are well, there is another bullish wave possible by the price action of the BAND protocol token.
Formation of bullish BAT pattern:
This time on a 4-day chart the BAND token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:
Potential reversal or buying zone: 0.00040957 to 0.0002697 btc
Fibonacci projection or sell zone: 0.00074126 to 0.001246 btc
Stop Loss:
The potential reversal zone area that is up to 0.0002697 btc can be used as stop loss in case of complete candlestick opens and closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has the profit possibility of 361% and as per the above-mentioned stop loss, the loss possibility is 34%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Crypto & Precious Metals. Biden jobs pledge. Growth in markets.Bitcoin picked up a bid while I was finishing the first video. I used the opportunity to discuss a notion that Joe Biden's plan would create 7 million more jobs than Trump, according to one economic forecast.
I also look at Bitcoin, Litecoin, Chainlink and Ethereum again to discover that Bitcoin is outperforming the rest as it rose by $150 at the weekly open. I discuss the legend John Bogle, his views on investing and taking a small risk by investing rather than holding money is necessary to become truly wealthy. the money may be worth more in the first two years but then after being patient more than most begin to return far greater sums than they would earn from a regular job.
#Bitcoin #BTC
#Ethereum # Eth
#litecoin #ltc
#Chainlink #link
#Band
#Silver #XAG
#Fibonacci #fibs
#Chaikin #Money #Flow
#Bollinger #Bands
#Moving #Averages
BAND ascending triangleIf you like my TA or other ideas, please leave a like to show support. It helps me out a lot
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-BAND touching heavy on that support zone
- Forming an ascending triangle; tendency to break to the upside
- MACD bullish crossover
If we close 70K sats we might see a move towards 80K or even 85K sats.
BANDBTC - UPDATE: Following Papa LINK?I took a look at BANDBT C 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.
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BAND Price: +200% by the end of 2020?> BAND is extremely volatile and bullish. Marketcap is growing rapidly and volumes increase.
> BAND protocol has support from Sequoia Capital and has a strong team of young engineers.
> Baking/staking is extremely attractive. More retail investors join the program.
I predict a new high for BAND in the upcoming months.
BAND/USDT - a map for the futureBAND/USDT make a crazy run up, incredibly overextended! wow!
By the way, volumes suggest that a temporary top could have been made.
Hopefully for holders, the rising black vector will resist and keep up the price. In this case, targets are in red at 10.333, and longer term target is 26 dollars, if this coin have a future.
Otherwise a good support will be the 4.222 area
Talking about time, March 2021 looks a good time to accumulate, and December 2021 a good time to distribute.
Good Luck :)