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).
BANDUSD
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 Protocol Ready for New All-time highBand Protocol is an Oracle + DeFi coin. Oracle coins are pumping hard with LINK and DeFi is still in trend. We expect BAND will follow LINK and DOT. There is a lot of accumulation done on BAND and now it is breaking out. The breakout is confirmed and retested in the support zone. There is only one way to go now... Moon
Buy Zone: $9.5 - $9.7 (Add more if drops to $7.5)
Target: $10.88- $12.3 - $13.06- $15.35 - $17
✳️BAND Protocol/USDT Analysis (6/1) #BAND $BANDBAND has just broken out of sideways in the 4-8$ zone and if this 1D candle closes above 8$ it will be a bullish signal for BAND and it will easily move up to 12$
Pay attention to BAND as it is a coin had very strong and fast pumps that can reach 14$ or even 20$
But if BAND turns around and closes this 1D candle below $ 7.5 then it will be a false break and the situation will get worse if it loses the $ 5.5 zone.
📈BUY
-Buy: 7.5-8$ if A. SL if B
📉SELL
-Sell: 11.5-12$. SL if A
-Sell: 13.5-14$. SL if A
-Sell: 19-20$. SL if A
♻️BACK-UP
-Sell: 7.5-8$ if B. SL if A
-Buy: 5.25-5.75$ if A. SL if B
-Sell: 5.25-5.75$ if B. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Band going to 40 summer! Get your moon boots on!The other day I published that Band was breaking out of its .236 fibonnaci retrace and would be on track to hit $10 before it encountered resistance and - this week Band did that almost perfectly!
Band breached 10 and bounced off of the .50 percent fibonnaci retrace this week almost perfectly. Now I would say its a little to soon to say if band will continue to break its all time high now, or if it will consolidate over the next few weeks before continuing up, but I also wanted to give some long term projections:
There you will see a comparison I made between Band and Chainlink. They are both oracles, but clearly Chainlink Obviously has a much higher market cap - for now. We must also keep in mind that Chainlink beat BAND to the market by 1 year and if you compare Band to Chainlink its eerily similar.
When Band Protocol it went main-net last summer it exploded (just like chainlink did when it had its Mainnet launch in 2019.) A few months after Chainlink had its Mainet launch, it dipped down to the exact level band protocol is at, followed by an explosion to $4.4 which is equivalent to 25ish/27ish in band protocol terms. Story goes on, 1 year from it's mainnet: chainlink hit all new highs at $18 ( which in band protocol terms would correspond to the $40-$50 range.)
I would venture to say that if the band protocol development team does not slack off, band token can reach a similar level of performance. We need to make sure that validation request keep rising, validators keep rising, and new partners get onboarded because that will be a good indicator of network growth. Keep in mind Band protocol will hit its one year anniversary this summer, we must monitor its development closely because if it performs similarly we will all be Rich as F^Ck!
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 7: BAND DISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 7 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Band Protocol:
Projected ROI on Log Scale: 3000% or more
Projected Price Target: 182
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 30X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for Band Protocol is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
You only need to read this: marketsuncovered.medium.com
There is a direct correlation between the price movement of Chainlink and Band Protocol.
It's lead investors are Sequoia Capital, Binance Labs, and other renowned Venture Firms.
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
bandprotocol.com
marketsuncovered.medium.com
Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Horizen
Band Protocol Breakout! Band Protocol is looking absolutely great now. We broke the 23% retrace of the fib extention. We are going to run into some resistance at about 10 at the next fib extention... once we punch through that we should be retesting its all high time. If we punch through its all time high then 27 will be in sight. Hold on to your bags, cuz when this coin hits 88 mph we going to see some serious S#1T
✳️BAND Protocol/USDT (9/11) #BAND $BANDBAND is trying to cross the 6-6.5$ zone to strongly pump to the 9$ zone and we should wait for the BAND to close the 1D candle above the 6-6.5$ zone.
If the above zone is not broken, the BAND will fall back to 4$ or even 3$
📈BUY- LONG
- Buy: 4-4.5$, stoploss if B
- Buy: 2.5-3$, stoploss if B
📉SELL-SHORT
- Sell close to 6-6.5$, stoploss if A
- Sell: 4-4.5$ if B, stoploss if A
♻️BACK-UP
- Buy close 6-6.5$ if A, stoploss if B
- Sell: 9-9.5$ if B, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Band Protocol BANDUSDT - Head and Shoulders- Head and Shoulders reversal pattern is a strong indication of trend reversal
- You can buy a breakout of the head and shoulders neckline
- The price is above 20 and 200 daily MA
- Target is previous swing high
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