BANDUSD
BAND gaining momentum after Google announcementTechnical analysis regarding the price of BAND PROTOCOL in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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Band! Watch this purple resistance line!BAND has been a coin that was recommended as a buy some time ago. We like Band so much that we even added to this coin.
Band has been compressing in a massive ascending triangle formation for quite some time. Watch this purple resistance line. If we get above it, we could see a massive move!
Cheers!
TCF
BANDUSD on 210413From previous time I think we complete sub wave 1 and 2 but it seems I was wrong. I think subwave 1 was comleted on 5 Apr and now we are on sub wave 2.
Ending point of sub wave 2 is tricky. It is not analysis but a pure guess. Since this is minor wave 3 in major wave 3 and I hold this token myself I want it to end today or tomorrow (above EMA 20).
However, no one know so 50% retracment is possible and also 61.8% but go deeper than that need to reconsider for other possibility (such as minor wave 2 is corrective WAVE A but in that case minor wave 2 will take time similar to wave 1 until it will complete which it is strange for bull market) .
In short, I hope to see sub wave 2 finish in this week.
Let's see.
BAND Cup and HandleBANDUSD looks to be setting up a fairly textbook cup and handle pattern over the past few days.
I have been noticing a few cup and handle patterns forming that have become rather profitable over the past few days with alts (e.g., OXTUSD and KNCUSD). Hence, it looks to be a fairly profitable pattern for which to lookout for anyone looking for ALT patterns that might be profitable as bitcoin reaches its new ATH. No pattern is guaranteed of course, but it looks like BAND might be a good alt to keep an eye on to see how it plays out.
BANDUSDT Triangle Breakout!BANDUSDT (1H Chart) Technical Analysis Update
Triangle Breakout
BAND/USDT currently trading at $18.20
Buy-level: $17.60 - $18.00 (Wait for the small retracement)
Stop loss: Below $16.35
Target 1: $18.90
Target 2: $20.00
Target 3: $21.00
Target 3: $22.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Band - More tea vicar?Band forming a nice cup and handle pattern, beautiful rounding bottom, nice little handle.
Looks just like my cup of coffee.
Why is this significant?
Well, it occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. ... A continuation pattern occurs during an uptrend; the price is rising, forms a cup and handle, and then continues rising.
Sit back, relax, and HODL.
Hard to believe it's 151st in the coin market cap rankings, no?
What do you think? Comment below.
BANDUSD on 210406From my previous wave guess (analysis) last week that we are in minor wave 3 in major wave 3 after the previous down trend resistance is broken and t also came back to test yerterday. Now we are heading to test previous high again(1 time test already).
If it is beoken, I think conservative target 161.8% at 35 usd is very likely. 261.8% at 49 USD is possible but need to cross check with BANDBTC too. I think BANDBTC this time target should be around 161.8% but still not sure how much it will be interm of BANDUSD.
By the way, in hourly chart I think it has already completed sub wave 2 and now we are in sub wave 3.
Really want to see what will happen in next few days that I am right or wrong.