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Band

BANDUSDT forming bullish BAT | Upto 401% possibilityHi, 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 12-hour 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: $4.57 to $2.89 Fibonacci projection or Sell zone: $8.57 to $14.49 Stop Loss: The potential reversal zone area that is up to $2.89 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 401% and as per the above-mentioned stop loss, the loss possibility is 58% 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.
Long
by moon333
2
Don't miss the great buy opportunity in BANDUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BAND/TetherUS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 15.47 TP2= @ 17.76 TP3= @ 20.46 TP4= @ 27.15 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
Don't miss the great buy opportunity in BANDUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BAND/TetherUS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 15.47 TP2= @ 17.76 TP3= @ 20.46 TP4= @ 27.15 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
BAND SHORT at RESISTANCE$BAND is looking pretty bearish as it hits an area of resistance and might continue it's short term DUMP. We are still away from a possible triangle break and volume has been steadily falling off since the ATH of August 9th I'm counting on BAND bouncing down from resistance and moving towards the previous area of support, with the 200 MA acting as further support for this. Closing and breaking above the trend line will invalide all this of course.
Short
by CryptoEstratega
8
BAND | If This Bull Flag Works Then A Big Rally Can Be TriggeredHi friends, hope you are well and welcome to new update on Band token. In my previous article we have seen that this token has surged more than 9000% after March 2020 up till now. Recently on the 4 hour small time period chart the price action of Band token formed a pennant and finally on 17th of August the priceline has broken down the support of this pennant. The bull flag is still there: If we switch on the daily time period chart then the expected bull flag is still there. The price action is likely to move up from 25 simple moving average. This is very positive gesture because before this the price action has been doing the same before the next bullish rally. For example if we watch the previous bull flag then there was a big distance between the price action and the simple moving averages. Then priceline moved little bit down and 25 simple moving average moved up to provide the support to the priceline of Band token. Finally using the support of this simple moving average the price action started the next bullish rally. Same move is likely to happen this time again. The price action of Band token was at high distance from the simple moving averages then it moved bit down and the 25 simple moving average also moved up and provide the support to the priceline. And now we can expect that the price action can start the next bullish rally from here. Different indicators are turning bullish: If we place the different indicators like MACD, Stochastic and Momentum on the daily chart. Then it can be easily observed that moving average convergence divergence (MCD) was strong bearish but now it has turned weak bearish. The Stochastic has also given bullish signals by giving bull cross, but the momentum indicator is still strong bearish. Once Momentum will be started turning bullish then it will be confirmed that the price action will start the next bullish rally from this bull flag. Formation of new channel: Now if we switch back to the small time period 4 hour chart. Then it can be noticed that after breaking down the support of the pennant the priceline of Band token has formed a new downturn channel. At this time the price action is likely to move to the support of this channel after being rejected by the resistance. Therefore the next few hours are very important, whether the price action will break out the resistance or breakdown the support. So we should keep an eye on the move of Band within this channel for next few hours. Once the price action will be able to breakout the resistance of this down channel then it will be a very strong confirmation for the next bullish rally. Conclusion: Even though the priceline of Band token has broken down the pennant on small-time period chart but we should also take care of stop loss. For that purpose we can use a support of the down channel that has been formed on the small time period 4 hour chart. If that support will be broken down then we can expect a powerful rally to the downside.
Long
by moon333
2
The BAND party may not be over yet, but for now it's a shortDisclaimer: This is not financial advice In high leverage trading your entry is a matter of life or death, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we fight for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade! I'm looking at BAND again tonight, I have been bearish on this for a while now and we finally broke down a range where it had been stuck for almost 2 weeks. This 12.2-14.8 range is an important supply area that I don't think we will overcome soon. I think a retest of 12 is likely which would make for some great high leverage shorts. I do not trade the news, I trade the chart. As traders we cannot afford to trade rumors and the chart tells us that right now this is a short with target $7 (which should provide some support) and eventually 4.56 (the upper limit of the previous range). Why isn't the party over yet? Because a wave count suggests we might have just completed a wave 3, this confirms our short term bearish bias but leaves the door open for another ATH as wave 5. Beware though that a truncated wave 5 (very common in crypto, especially after strong pumps) would create a strong reversal signal. Entry: 10-11 SL: 12 TP1: 7 TP2: 4.6
Short
by zerobounds