BANDUSDT
nice confirmation of the trend? Or?BAND is one of the other coins that completes its correction phase. Even today's sale did not break the long-term trend line (red line). If the bulls do not defend this line, we will either confirm the short-term minimum, or according to fib, the support could be at the level of $ 4.64. So far, it looks like the trend will keep this coin and thus break the declining pink border. If this happens, we should choose to test higher supports at $ 9.5, $ 11.4 and $ 13.86.
This can be seen in the $ 9.5 (pink arrow) testing scenario, the subsequent correction and confirmation of the completion of the consolidation. There would be an orange trend that should not be so easily broken. RSI and CCI also show favorable indicators.
I believe I'm not the only one interested in this coin, so I'll be happy for any likes or comments about this coin.
BAND Price: +200% by the end of 2020?> BAND is extremely volatile and bullish. Marketcap is growing rapidly and volumes increase.
> BAND protocol has support from Sequoia Capital and has a strong team of young engineers.
> Baking/staking is extremely attractive. More retail investors join the program.
I predict a new high for BAND in the upcoming months.
band protocole , the chainlink killer ❇️ What is the Band Protocol?
The Band Protocol is a decentralized oracle framework for blockchain dapps.
Band Protocol is a cross-chain data oracle network that aggregates and connects real-world data and APIs to smart contracts. Blockchains enable immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks.
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 a very, very exciting project with serious potential. This is for one simple reason: oracles are necessary for any sort of useful decentralized application to work.
Along with the recent price surge, the number of active addresses in a day reached a new all-time high. On September 1, 1.6 thousand addresses were active, surpassing the previous record established on August 10 of 1.58 thousand addresses.
This is indicative of positive network development and may imply that the upside momentum may gain traction in the long run. However, the short-term technical picture is less optimistic.
☑️🔷 If you are Bullish on DeFi you should own BAND (undervalued & new alternative to LINK)
1. If you are bullish on DeFi long term like I am, you should own at least one of the liquid oracle solutions ie LINK or BAND as a way to get broad exposure to DeFi.
2. BAND is emerging as the most credible alternative to LINK. This is illustrated by the partnerships BAND has been able to win despite its short history. This is good for DeFi long term as multiple oracle solutions are needed.
3. With so many DeFi projects in the works, the opportunity set for BAND is much bigger than it was when LINK launched 3 years ago, so BAND should be able to scale more quickly.
4. DeFi is going to be big in Asia for obvious reasons and BAND is one of the few legitimate DeFi projects in Asia. In a short time span, it has built a strong and growing community.
5. Staking of BAND will be enabled shortly as a means to incentivize validators/data providers. This will bring the added benefit of reducing circulating supply near term.
6. With a circulating mkt cap of $20M and a liquid mkt cap of $100M (1.5% and 3% of LINK mkt cap), BAND can go up 5-10x and still not be expensive.
7.BAND is only listed on fewer exchanges than link, . If BAND continues its current trajectory, we can expect additional listings on other major spot exchanges later . It is already supported on binance and Coinbase &..Custody.
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.......
BAND/USDT - a map for the futureBAND/USDT make a crazy run up, incredibly overextended! wow!
By the way, volumes suggest that a temporary top could have been made.
Hopefully for holders, the rising black vector will resist and keep up the price. In this case, targets are in red at 10.333, and longer term target is 26 dollars, if this coin have a future.
Otherwise a good support will be the 4.222 area
Talking about time, March 2021 looks a good time to accumulate, and December 2021 a good time to distribute.
Good Luck :)
BANDUSDT forming bullish BAT | Upto 401% possibilityHi, my friends hope you are well, there is another bullish wave possible by the price action of the BAND protocol token.
Formation of bullish BAT pattern:
This time on a 12-hour chart the BAND token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:
Potential reversal or buying zone: $4.57 to $2.89
Fibonacci projection or Sell zone: $8.57 to $14.49
Stop Loss:
The potential reversal zone area that is up to $2.89 can be used as stop loss in case of complete candlestick opens and closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has the profit possibility of 401% and as per the above-mentioned stop loss, the loss possibility is 58%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BAND/BTC (Bearish Double Top?)BINANCE: BANDBTC
-A failed breakout and Bearish double top is painting today
-We can also see a break of trendline support
-If BAND closes below this support area, this might signal a strong downtrend
-The potential downside target is the recent swing Low at 84944 sat area
-An area where potential strong demand might re-enter the market
Don't miss the great buy opportunity in BANDUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BAND/TetherUS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 15.47
TP2= @ 17.76
TP3= @ 20.46
TP4= @ 27.15
SL= Break below S3
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Don't miss the great buy opportunity in BANDUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BAND/TetherUS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 15.47
TP2= @ 17.76
TP3= @ 20.46
TP4= @ 27.15
SL= Break below S3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️