Band
BAND BLUE SKY BREAOUT - MOMENTUM SETUP ON 2H CHARTPrice recently broke out of a 4-week consolidation pattern above the 20-Day EMA.
Prior rally showed momentum with ADX>50 on the daily chart
MACD crossing up indicating the beginning of a price rally
Price above consolidated with very little volatility above the Marubozu breakout candle with substantial volume indicating potential support of the level
ADX/DMI accelerating
Will BAND respect the channel its in or not?Interesting trading pair BAND/BTC. It is currently respecting the channel it has found itself in. It hit resistance line of the channel, and bounced back. Using fibonacci retracement to predict where it will fall to, the 0.618 line seems to have a done a good job of catching its fall...
Now the price action is going up again, hopefully to hit the support line again...
Am pretty bullish on this one. I bought in at 0.00014345. I will sell at the .236 fib line....
But hey... do your own analysis and take profits when u like...
Be sure to press the like button if you like my analysis.
Band Protocol - Mainnet launch aheadAnother one interesting altcoin with mainnet launch in 2 weeks. Band Protocol’s public Wenchang Mainnet launch is going live on June 10, 2020.
I think in this case it can affect the price as it did in the case of THETABTC.
I'm waiting until price fluctuations become less and try to buy as low as possible, around 0.00016 BTC would be good (assuming BTC isn't falling to $7k at the same time ofc).
Briefly about Band Protocol: Scalable and decentralized real-time cross-chain oracle connecting smart contracts to external data sources. (sounds like Chainlink tbh)
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
BANDUSDT formed bullish BAT | Upto 44% expectedIn my previous post of BAND with US dollar pair we have seen that on short term hourly based chart the BAND formed bullish Cypher pattern and as per prediction the priceline took a powerful bullish divergence from buying zone and produced more than 10% profit on this very short term chart.
Formation of new BAT pattern:
Now again on short term 6 hour chart the price action of BAND has formed bullish harmonic BAT pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $0.8835 to $0.8309
Sell between: $1.0088 to $1.1982
Stop Loss:
The potential reversal zone area that is up to $0.8309 can be used as stop loss in case of complete candle stick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 44% and as per above mentioned stop loss, the loss possibility is 6%.
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.
BANDBTC Just Bounced From a Very Strong Support ZoneHey all, here’s another entry on my tradingview series called 'Quick Updates'.
BAND Just hit this very strong support zone for the fourth time. We can go in for a nice support and resistance trade set-up. I used a trendline this time as resistance instead of a horizontal resistance zone that I normally use, because the bulls has been facing more difficulties recently. There is slowly a descending triangle pattern forming, to create the maximum chance of getting a successful trade out of this I decided to place the take profit slightly more conservatively.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
BAND Indicators Analysis (Target Mapped With Support Levels)My fellow supporters, here we have the chart for BANDBTC... Looks like the retrace is complete and the candles are back to going GREEN.
The MACD for BANDBTC looks really bullish on the daily timeframe, let's take a closer look:
We have a widening ascending channel.
The histogram is green.
There is a bullish cross on the MACD.
Signal and MACD are gaining momentum while trending higher.
The RSI is also strong:
Here we have a long-term uptrend... Higher highs and higher lows.
Thanks a lot for your continued support.
Namaste.
Double Bottom on the way!!!A good double bottom pattern is going to form on 4H chart of BANDBTC.
Bottoms are on 6930 area which has overlap with 0.5 fibo. level So it assumed to be a strong support.
Neckline is around 7200 sat, if the price break the neckline then the target will be achieved easily.
target of the double bottom is around 7520 area as depicted on the chart.
one can open the position at the moment or wait for neckline breakout. trade on your own risk.
Happy Hunting!!!
BANDBTC With a 30% Opportunity On The 60m! [QUICK UPDATES]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
The price of the extremely volatile BAND coin is currently moving between the areas of resistance (0.0000600) and support (0.0000415). Since we've seen the price bouncing off this support zone multiple times before, and we also observe a confirmatory bounce on the current hit of the resistance zone, this seems like a good entry for a bullish scenario.
Since the price is so volatile at the moment, fantastic gains are to be made here. But also big losses, you know how it goes. Be careful out there peeps!
Some quick words about BAND:
Band Protocol is a data governance framework for Web3.0 applications operating as an open-source standard for the decentralized management of data. They aim to band communities together with open and reliable data source through decentralized curation protocol.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Recent success stories:
BAND Vs TetherUS Chart Mapped (333%+ Target)Band Protocol (BAND) Overview
About Band Protocol
Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using delegated proof of stake ("dPoS") to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications by providing decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.
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BANDUSDT (Band Protocol) is looking pretty strong with prices trading above all EMAs on high volume.
This altcoin pair can easily continue to grow.
On a drop, the first support is found at EMA10 or $0.4167.
A bounce can happen at this level.
If prices go lower, the next support is marked where you see EMA50 and all the other EMAs ($0.3533 - $0.3212).
Our targets are marked on the chart.
If you zoom out you can find additional targets or check the chart below.
BAND / TetherUS Weekly (W) |
Here we have a strongly bullish chart.
Last week printed the biggest volume bar ever for BANDUSDT.
The TD Sequential is bullish. The MACD and RSI as well.
I've also marked 333% potential profits from current to the 3.618 Fib. extension level.
Thanks a lot for reading.
Namaste.
$BAND, Currently reaching High from December '19..$BAND
50% since our setup on Feb 18
Currently reaching High from December '19 & trying to cross above it..
RSI reaching overbought / UCTS buy signals on 1/2D
Buying against resistance looks risky, but looking for potential breakout/flip as entry
#BAND