BANDUSD
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.
Band protocol 65% Gain to new ATH LINK CompetitorSince hitting a new ATH on the 12th February Band Protocol has retraced down 45% and on the 28th March our Swing Call script triggered a strong Buy Signal after the 13 EMA crossed above the 50SMA just above the 23.60% Fibonacci level (23.60% is the cheapest value to enter on a strong continuation pattern after confirmation). We have added this Oracle to our portfolio and up 14% already from Buy Zone 1, be patient, use the buy Zone to Map your Entry, there has been some strong fundamentals for Band so an entry between the 38.20% and 50% Fibonacci level is also a good entry point. We expect a 65% Gain to a New ATH for Band to $23.25 over the next coming weeks. Happy Trading :)
Key Information:
DeFi x CeFi intergration is happening slowly but surely, the value that Defi can unlock is unthinkable right now but so many centralised institutions are now more ready to accept this movement...like Elon mentioned earlier last week 'Don't Defy Defi' 😅
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Band Protocol enables smart contract applications such as defi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle . Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
The Band Protocol team has hit the ground running in 2021 with relentless efforts to ramp up towards the launch of BandChain Phase 2 — where the focus will revolve around enterprise and institutional integration to unlock virtually all the data on the open internet for blockchain and decentralized applications to securely utilize.
LINK is proving to be very costly for intergrating data, Band on the other hand has been showing its efficiency. This is going to be a very good year for Band protocol
BANDUSDT Parallel ChannelBANDUSDT (4H CHART) Technical Analysis Update
Waiting for the Parallel Channel
BAND/USDT currently trading at $14.22
Buy-level: Above 15.50 (only buy if 4h candle closes above the Parallel channel)
Stop loss: I will update once I see the breakout
Target 1: $17.75
Target 2: $19.75
Target 3: $22.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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