Next levels of support and possible signs of reversal to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Bandbtcshort
NEXT levels of support to look for if price keeps falling*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Key support level to watch out for can we stay above it?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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More bullish confirmation - can it reach this measured target?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Bullish signals apparent - will it break out soon?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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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
After More Than 9000% Big Move Band Protocol Formed Bull FlagHey friends hope you are well and welcome to the new update on Band protocol. This token has surged more than 9000%. In today's article we will try to understand how this token completed the bullish setup and what kind of signals we had before this surge and what the price action can do next.
Continuity of bullish harmonic moves can be a strong bullish signal:
Before starting the bullish move the price action of Band protocol formed different harmonic patterns on the daily chart. First it formed bullish BAT pattern then the price action of Band token formed another harmonic Shark pattern. And finally took a powerful bullish divergence and produced more than 9000% rally.
This is same as like the Bitcoin did. The price action BTC formed different harmonic patterns on daily chart from the month of May 2020. And I have been sharing all these patterns in my every article of Bitcoin. And finally in July 2020 the Bitcoin formed a bullish cypher pattern. After entering in the potential reversal zone the BTC started the upside move and spiked beyond 12K. Whenever the price action of any asset starts forming the different bullish harmonic pattern. At least on the daily chart. It can be is very significant signal that the priceline is going to explode soon.
A continuity of different events:
If you have missed the previous rally then no worries. Because the price action has started another bullish rally. As we can see the different events with continuity announced by Band protocol team and the different exchanges as well.
The first announcement was added on 31st of July and if we see the market cap of Band protocol on 31st July then it was 86.7 million dollars and now it is 302 million dollars. So market cap has increased by 248%. If we observe the volume of Band token then on 31st July it was 16.5 million and now it is 124 million dollars. So the volume of Band protocol is also increased by more than 650%. So after watching such a big jump in market cap and the volume as well we can have an Idea how many traders and buyers are interested to buy and hold this token.
The effect on charts:
Now if we take a closer look on the live daily chart then on 31st of July the Band protocol was moving sideways with the lowest price of $3.9 and the highest of 4.36 dollars. Then it started moving up and on 10th of August the price action spiked beyond $17 and surged more than 350% more.
The distance between SMAs and price action:
Now if we place different simple moving averages on the daily chart with the time period of 25, 50, 100 and 200. Then price action is above all these moving averages but there is a big distance between the SMAs and priceline So there can be two possibilities that the priceline may move down to use at least 25 simple moving average as a support before the next rally or the price action will move more up from this level as the way the candlesticks are being consolidated after 10th of August is likely to be a flag. In second case the 25 simple moving average can move up to provide the support to price action.
Symmetrical triangle on 4-hour chart:
If we switch the chart to 4 hour time period in order to take more closer look on it. Then the priceline is in fact moving in a pennant that is more likely to be a symmetrical triangle. The price is at the end of this tringle as it has squeezed so much. Now within next few hours we can see whether the priceline will breakout from the triangle or breakdown the support.
Conclusion:
As the priceline of Band protocol is forming different bull flags on the daily chart since it has started bullish rally after March 2020
But price action has no support of any simple moving average. Therefore there is also a possibility that the priceline won’t form a bull flag and move down to use any of the simple moving average as a support. But the continuity of the bull flags is signaling that the priceline will go for the next bull flag rather to break down the support of the triangle.
BANDBTC DBL BOTTOM SHORT FASTI had a really nice and lengthy XAUUSD publication for a (long) — Complete with her historical precedent of prices A list of mines in the list of reasons as well as some more information given that I love information and I’m a nerd; familiar with my publications?
You know the drill.
No comment on last nights other than waves is already closed so you’re welcome.
Rapid volume with simulation coupled with the double bottom and I’m gonna post this now and skip the oped for late for a short opportunity as This is one of those lower cap tokens that I don’t like to take chances on But I read the white paper like I do all tokens in COIN so like I encourage everyone to do I mean I’m sorry I said I would not go on a tangent but I have to really get this off my chest why the hell do people buy coins and talk if you don’t know what it does but if you don’t know that with the developers are or what their Roadmap is like...DONT INVEST.
Do you trade on fractals? all fundamentals only? Good luck with that won’t last long in this game with out knowing the intricate schedule of each token and the details for example: what happens if you miss your target should you keep the stop loss in place? Always. But if you know something that no one else does it for example they’re about to update their platforms as indicated by the roadmap— That’s something that you’re privy to that gives you information that can give you an edge the one beautiful thing about this game as opposed to a situation of investing on Wall Street is that nobody does their research nobody knows about the coins and tokens are it’s almost like robbing candy from a baby trading against some of these kitties it’s Almost like I feel bad except for the fact that I don’t Given that I’ve been through it myself.
I’m not gonna bother proofreading or editing I’ve been doing everything mobile lately and Siri voice command is been my best friend so she might not be on top of her game with grammar but she gets it done quick it.
With that being said you got TP 1 TP 2 of course the stop loss most imp.
After I make my coffee, eat oatmeal, Briefly before sun rises because I’m fasting (Almost done!) and It’ll take like an hour or two break I’ll post the Lengthy XAUUSD long publication before The market opens or before it closes.
You know I keep it I watch with a timer to keep myself from getting carried away but it doesn’t work I just throw 110% of whatever I’m doing it to whatever I’m doing so with that being said let’s post this thing and let you guys make your entries assuming this is financial advice but never make assumptions because it’s not and if you make your entries that’s on you.
Do I have to add it or can I skip the disclaimer?
Fuck it.
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
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