BANDBTC
BANDUSDT (BAND) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- BANDUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
🔥BAND/BTC🔥 [detailled analysis of special Alt] - CryptoBROBand is sill in accumulation phase (The real trend has not started yet]
i have marked out the most important level from where price should see pivotal reactions.
For now price is consolidaiton below pivotal resistance. daily close (weekly better) above this lvl would confirm a bullish trend imho.
Based on Price Action alone we have a higher low and a higher high as soon this resistance zoned gets flippe dinto support.
BANDUSDT (BAND) - POSSIBLE PRICE ACTIONSANALYSIS 🔎
- BANDUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support levels (S1, S2).
Band has a Buy Opportunity 🔥Band/USDT is one of the good Defi currencies and I think it has good potential and we will see it above $ 10 soon.
We have two important levels of support, one on the floor and one in the 50% Fibonacci zone.
The first level is a good area to buy and I think with the Defi Hype we have now it can move towards its ATH.
Buy Zone : 8.6 - 7.2
TP : 10.8 - 12.7 - 14.60 - 17.1
SL : Daily Close Below 5.2 $
BAND on previous Resistance/Support flip levelsBAND/BTC pair bounced on a previous R/S level which was made during its last bull run.
The daily RSI has higher lows and daily MACD is also moving towards bullish side.
Since altcoins are pumping with Ethereum leading the way, the oracle tokens (Link, Band, RLC etc) may also see some upside.
Note:
This is not financial advise. Please do your own research.
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Target 1 : 7.39$ done
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I think this is just beginning 😎💎
Next targets on the way
You can check here original post about signal 👇
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