BANDUSDT
BANDUSDT BULLISH SIGNAL UPDATE!!As you all know, BAND is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
Targets for Band Protocol- In case of a bullish continuation I can see the 20 USD resistance break to the upside, the next Fibonacci targets are: 38 USD, 62 USD, 85 USD. Reversal area will be 4-5 USD in that case.
- In case of a bearish continuation and a longer term consolidation of Bitcoin, I expect Band Protocol to seek for the lowest support levels (alts do bleed out during a bearish Bitcoin consolidation, 2018-2020 as a reference).
- In case of a relief rally, I expect Band Protocol to have a hard time going through the resistances, each resistance is a potential sell zone.
Long term I think DeFi is the way to go and Band will play an important role in that space. So I am quite confident that at least one of the Fibonacci targets will be hit in the future.
Many altcoins without use cases will eventually become worthless, but Band Protocol is being used already very actively, unlike many other projects that are valued way more.
I still consider this project as undervalued in the crypto space, so the best I can advise is to dollar cost average into this.
BANDUSDT Has Broken Above The Resistance
Welcome back Traders, Investors, and Community!
BANDUSDT on H4 Has broken above the Resistance
⬆️Buy now or Buy at 6.583
⭕️SL @ 5.125
✅TP1 @ 9
✅TP2 @ 12
✅TP3 @ 15
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BANDUSDT🌟this alt is ready for a big jump in price so heads up to catch that
🌟the waves analysis tells us more about future movements which is the fluctuations of the chart is going to be more visible (AKA ATR indicator)
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BANDUSDT UPDATE!!From our last analysis, we have seen BAND follow our analysis and has been trending to the upside to hit the target at $6.8.
We still expect upside continuations. So we're waiting for some continuous movements to break above the current resistance to continue picking up another position.
Well done if you got involved in this trade.
BANDUSDT (12H CHART) - Trend BreakoutBANDUSDT (12H CHART) Technical Analysis Update
BANDUSDT (12H CHART) Currently trading at $6.29
Buy-level: Above $6.1
Stop loss: Below $4.5
Target 1: $7.5
Target 2: $9.1
Target 3: $12.5
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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$BAND/USDT 3h (Binance Futures) Ascending channel on support Band Protocol is showing several bullish continuation signs after breaking out of that triangle and the descending TL.
We expect 50MA and 200MA to be retested before bouncing higher, let's not miss next dip!
Current Price= 5.8682
Buy Entry = 5.8161 - 5.6661
Take Profit= 6.1170 | 6.3439 | 6.7494
Stop Loss= 5.4393
Risk/Reward= 1:1.25 | 1:2 | 1:3.34
Expected Profit= +19.65% | +31.50% | +53.58%
Possible Loss= -15.78%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 1 week
The Movement of BAND/USDT PairThe 45 minutes chart and 4-hour chart showing a very smooth increasing pattern of the BAND/USDT pair. The analysis shows the BAND is continuously moving upward and most probably hit 7.5 in the next few days. It's just an analysis and not a piece of financial advice. I am new in the trading business, please let me know if my analysis is not good. Your feedback would be appreciated.