BANDUSDT
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.
BANDUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are up to 4 hours in the frame. The price is moving in an upward trend. If the price goes out of line, we consider the price correction process. We are in an uptrend as long as the price is inside the trend line. In case of breaking the support, we consider the price fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
An Update For band /USDT Analysis Although it achieved the goals we set in the previous analysis (450% profit), it could not have a better result compared to other oracles, but I still hope for its future.
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame for BAND/USDT, the price is trading around 6.13 $ .
Unlike Chinlink, the band Oracle has not been able to maintain its overall uptrend and appears to be in a consolidation phase with strong support in the $ 4 range and is building a floor. In the uptrend scenario, it will probably start in September or sooner. . And in my opinion, the downturn scenario is more canceled and not lower than the support, but in case of breakof this green area ,it can go down to the demand range.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you like my analysis, give a big thumbs 👍 and drop a comment
BAND/USD - if this has been on your watchlist, now is the timeBand Protocol has been very volatile the past months and hasn't made any upward moves in general. In the bigger picture this has been a consolidation phase.
When things get frustrating, a reversal signal is nearby. Indicators also don't lie.
This is the time to start dollar cost averaging and riding a huge run during the months to come.