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BANDBTC

BAND Starts To Move | Great Potential Long-Term (160%+)BAND (BANDBTC) just broke above EMA10 on high volume. Here we can see the potential path mid-term and also the next short-term move. BANDBTC can climb up straight and 0.00004792 or even 0.00005969 before retracing. After breaking above EMA10, there is also the possibility of a short retrace, multiple days long, before the next strong bullish move. The early signals though are telling us that December can be a really good month for BANDBTC. Stay tuned, as this will grow a lot like the other altcoins that are going full green. Namaste.
by AlanSantana
3
How to buy Chainlink more than 10 times cheaper than it is now?Position: Long Pair: BAND/USDT Entry price: $0.70 - $0.80 or below Exit price: $10 or above Type of position: long term (6 months to 1 year) Short Answer: Buy Band protocol while it is at such a discount. Long answer: Band protocol has many similarities with Chainlink which is one of the best performing coins of the last 2 years. Chainlink reached a price of $1 just a few days before its mainnet launch before it had any partnership with google. Chainlink has 10 times higher total supply than band protocol so the equivalent price of band protocol would be $10 at its mainnet launch. Right now it is trading around $0.68 (with circulating market cap of 11 million and fully diluted market cap of 65 million). I think it is a bargain as the team look very solid and it is a question of time before they make this 10x return to begin with. Moreover, they are launching their mainnet in 7 days: bandprotocol.com This is a quote from their whitepaper: "Existing data provider networks, such as ChainLink or Oraclize, require asynchronous interactions between smart contracts and data layers. Not only does this method complicates smart contract implementations, it also introduces a significant delay as two blockchain transactions need to be executed and confirmed sequentially.... Band Protocol shifts the paradigm and instead provides an intuitive query interface for decentralized applications to receive real-world data as a simple function call to a static smart contract. Query occurs in one transaction." So we might argue that it is even better oracle service than chainlink but time will tell.
Long
by The4Fund
1
BAND on Binance (BANDBTC) Young ChartBAND (BANDBTC) has a young chart... While charting we use past history (chart data) in order to determine the different support and resistance levels, as well as to corroborate the different signals we get from the indicators and charts. We also use past history to study the behavior of an asset over time and compared to other assets in the market. So a young chart is a huge disadvantage as there is no past history so we can only focus on what happens next... BANDBTC is now trading above EMA10, we consider this to be bullish. But if it moves lower we become bearish... Each candlestick on this chart goes for 1 hour... The charts are always changing. Above the magenta line, which is the last peak and resistance, BANDBTC can move higher. Below it, it can do sideways consolidation. The blue dashed line is the support, if this one breaks then BANDBTC moves lower and tests EMA50 (0.00006818), if EMA50 breaks it will go lower to test the big dashed blue line. Below this level, it would go for the next support. Each support/resistance level offers the opportunity for a bounce. Two potential scenarios are drawn on the chart with green and red arrows. The numbers on the chart are the Fib. proportions from low to the last peak. Below the current price, these numbers can work as support levels, above the current price, we call them resistance levels or targets. Any questions? Feel free to leave a comment and share with me/us your thoughts. This is Alan Masters... Thanks a lot for your continued support. Namaste.
by AlanSantana
7