BANDUSDT: Long Update(22.12.2020)An upward impulse formed on D1, which tested the $ 8 level. RSI , like price, forms a triangle-shaped pattern.
On H4, the boundaries of the triangle pattern are clearly visible and the price is likely to break through the upper border, which can lead to a rise in the price to the $ 10 level. Besides, the price has corrected to 50% by Fibonacci level on H4 and now can grow up to 50% by Fibonacci level on D1.
We recommend buying in order to keep the position above $ 10 and set a stop loss at $ 5.8.
BANDUSD
BAND Breakout setup | Binance Future macro structure is forming head and shoulder's setup
4 hour time frame hold the trend line support if close below support than another low we will witness.
if this current breakout of 7$ happen around we will hold our trade and wait for price to close above 8$ than we are risk free , once price close above 8$ on daily we have huge head and shoulders breakout
this daily head and shoulder's breakout will send price higher to 10 , 12 ,15$ in short time.
BAND Daytrade AnalysisThis analysis is only for day trading .
Entry: $6.66
Take Profit: $7.05
In the 4 hour time frame, BAND is bouncing back off 50 day MA which is a good sign of reversal as you can see form the previous candles. If the current candle closes in green, we'll have a good opportunity to open a short term trade here.
NOTE: This is not a financial advice. DYOR
BANDUSDT: Possible Long(16.12.2020)An upward impulse formed on D1, which tested the $ 8 level. RSI, like price, forms a triangle-shaped pattern.
On H4, the boundaries of the triangle pattern are clearly visible and the price is likely to break through the upper border, which can lead to a rise in the price to the $ 10 level.
We recommend buying in order to keep the position above $ 10 and set a stop loss at $ 5.8.
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Band ( BANDUSDT ) price made really good head and shoulders pattern
breakout above neckline will send price higher we have really good consolidation below the neckline only volume of breakout is left to count ... let's just wait a bit for breakout of neckline and enter the trade for big profit
no breakout than we are in accumulation zone close above yellow block is also give amazing profit in short time
BANDUSD UPDATE - MORE TO COME!Band has got my attention after the nice play through last time.
Currently approaching a pretty strong resistance, but looking at the bottom of this is an advanced inverse head and shoulders and we are currently completing the last shoulder. The timing of this with BTC sitting at the ATH mark has me hoping for more.
Next, we see an expanding wedge which would finish the next wave at the resistance of $9.50 area. After this im expecting a retest of $7.50 area, and then to continuing onward.
Overall, a lot of alts are forming this semi circle formation, which could turn into a powerful cup and handle later down the track. We are almost there IMO.
BANDUSDT: Possible short and BIG long (03.12.2020)At D1, the price broke the downtrend line and also found resistance at $ 8. Besides, the RSI reached the overbought level, after which a local correction began.
On H4, the price has also broken through the uptrend line and is currently correcting upward. RSI is at the overbought level, indicating that the decline will start soon.
We recommend selling BAND from the $ 7.2 level to buy the asset at the $ 4.6 level, followed by holding a long position from the $ 4.6 level to the $ 12 level.
BANDUSDT - bull run Closing the daylight candle before the level. If a day candle is closed before the level, without a shadow in the direction of the level and with a shifted body in the direction of the level, it is a prerequisite for breaking through the level from the lightening of the candle the next day.
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BANDUSD - Ready for a moveBAND looks nearly ready for something big. Will be keeping an eye out for the re-test of descending wedge and EMA.
There also seems to be an expanding triangle, which may see its next move to $8.00 before meeting resistance.
Am cautious though, as there appears to be a level of hidden bearish divergence on the RSI.
Strong resistance expected at THIS level & support to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. 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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What could this BIG move mean & next resistance levels 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.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*Thank you to those who donated, I very much appreciate it.