BANDUSDT.. My first anaysis chart.. Will it go up or down?My first analysis chart.. Will it go up or down? Just having a wee play with the trend analysis tools.. It's hard to work out which way it will go from here. But i think it will follow the channels I've marked down.. I'm hoping it's upwards obviously haha!
Let me know if ya think the potential lines are accurate.. Also, can someone tell me where to find the arrow haha because i couldn't find it.. Cheers :)
Chart is in Month mode..
BANDUSDT
BAND/BTC (Bearish Pattern Confirmed)BAND/BTC
-The bearish H&S pattern has been confirmed after the break of the neckline
-Currently testing the minor support at 37000 range
-The next key support area is located around 28000
-This level is highly potential for Buyers to look for a bounce trade
-I will not catch a falling knife instead let the price come to me
BANDUSDT AnalysisI am mostly positive about BANDUSDT. Engineering Robo 2 is giving a Buy 2 signal. In addition, the MA 20 (blue line) is going over the MA 50 (yellow line) indicating that it is time to buy it. The trend has increased steadily and is currently just below the resistance line. If the candle opens and closes above the resitance line, I will buy it. If the candle goes down and breaks the support line below with an open-close candle, I will sell it.
BAND/BTC (Short Term Downtrend?)BAND/BTC
-the price action is currently on a downtrend
-after hitting the top at 23000s
-if this downward action will continue
-the likely support will react is between 14000-12000s
-that's the key support area where potential bounce trade will happen
-if you will play a bounce trade setup
-please make sure to wait for reversal confirmation
-to reduce the risk of trade position
Band Protocol - Mainnet launch aheadAnother one interesting altcoin with mainnet launch in 2 weeks. Band Protocol’s public Wenchang Mainnet launch is going live on June 10, 2020.
I think in this case it can affect the price as it did in the case of THETABTC.
I'm waiting until price fluctuations become less and try to buy as low as possible, around 0.00016 BTC would be good (assuming BTC isn't falling to $7k at the same time ofc).
Briefly about Band Protocol: Scalable and decentralized real-time cross-chain oracle connecting smart contracts to external data sources. (sounds like Chainlink tbh)
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
BAND/BTC (Last Pump? Bearish RSI?)BAND/BTC
-last March 6, Cross Ultimate Indicator signal priority is Long
-made another higher high after the breakout of consolidation
-reached previous top price at exchange history
-but the RSI is painting a bearish warning sign
-this could be the last leg before reversal?
-it is still too early to confirm this bear warning
-technically, the market is still rising strong
-I don't recommend to open buy order because it is becoming risky
BANDUSDT formed bullish BAT | Upto 44% expectedIn my previous post of BAND with US dollar pair we have seen that on short term hourly based chart the BAND formed bullish Cypher pattern and as per prediction the priceline took a powerful bullish divergence from buying zone and produced more than 10% profit on this very short term chart.
Formation of new BAT pattern:
Now again on short term 6 hour chart the price action of BAND has formed bullish harmonic BAT pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $0.8835 to $0.8309
Sell between: $1.0088 to $1.1982
Stop Loss:
The potential reversal zone area that is up to $0.8309 can be used as stop loss in case of complete candle stick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 44% and as per above mentioned stop loss, the loss possibility is 6%.
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 (Uptrend Still Valid?)BAND/BTC
-The indicator flashes Long Signal meaning priority is up
-the upward trendline is still valid
-minor consolidation is expected
-if current levels will hold
-we could see a retest of recent swing high
-no major red flag yet
-but the things are getting too extended to the upside
BANDBTC With a 30% Opportunity On The 60m! [QUICK UPDATES]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
The price of the extremely volatile BAND coin is currently moving between the areas of resistance (0.0000600) and support (0.0000415). Since we've seen the price bouncing off this support zone multiple times before, and we also observe a confirmatory bounce on the current hit of the resistance zone, this seems like a good entry for a bullish scenario.
Since the price is so volatile at the moment, fantastic gains are to be made here. But also big losses, you know how it goes. Be careful out there peeps!
Some quick words about BAND:
Band Protocol is a data governance framework for Web3.0 applications operating as an open-source standard for the decentralized management of data. They aim to band communities together with open and reliable data source through decentralized curation protocol.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Recent success stories:
BAND/BTC (Early Sign of Weakness?)BAND/BTC
-the strong parabolic uptrend, over 70% up
-early bearish RSI sign
-approaching Fib resistance at 0.786
-upward trendline support still intact though
-not safe to enter a Long position
-wait for a pullback at key support before considering
-there is a lot of opportunity in this market
BAND Vs TetherUS Chart Mapped (333%+ Target)Band Protocol (BAND) Overview
About Band Protocol
Band Protocol offers a decentralized data oracle by making data readily available to be queried on-chain, using delegated proof of stake ("dPoS") to ensure data integrity. It aims to be the go-to data infrastructure layer for Web 3.0 applications by providing decentralized, curated off-chain data to smart contracts through oracles managed by its dPoS consensus mechanism.
------
BANDUSDT (Band Protocol) is looking pretty strong with prices trading above all EMAs on high volume.
This altcoin pair can easily continue to grow.
On a drop, the first support is found at EMA10 or $0.4167.
A bounce can happen at this level.
If prices go lower, the next support is marked where you see EMA50 and all the other EMAs ($0.3533 - $0.3212).
Our targets are marked on the chart.
If you zoom out you can find additional targets or check the chart below.
BAND / TetherUS Weekly (W) |
Here we have a strongly bullish chart.
Last week printed the biggest volume bar ever for BANDUSDT.
The TD Sequential is bullish. The MACD and RSI as well.
I've also marked 333% potential profits from current to the 3.618 Fib. extension level.
Thanks a lot for reading.
Namaste.
BANDUSDT formed bullish cypher | upto 12% move expectedFormation of bullish Cypher:
This time on short term hourly chart the price action of Band Protocol (BAND) has formed bullish harmonic Cypher pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Cypher pattern should be:
Buy between: $0.3131 to $0.3031
Sell between: $0.3210 to $0.3401
Stop Loss:
The potential reversal zone area which is up to $0.3401 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
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.