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BANDUSDT

BAND/USDT - Market Update 20.08.22Hello Traders! The price of BAND continues to move in a downward trend, testing the support level of $1.30. On the weekly timeframe, the price remains under the MA100 and under the resistance at $3.11 and $5.63, which indicates the continuation of price formation in the downward direction. Considering medium-term positions would be interesting in the case of a drop. The range for accumulation will be a zone of $0.56-0.77. The targets are the price levels of $3.11 and $5.63 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
by UnknownUnicorn10064030
1
Band protocol Analysis BAND/USDT Update 📈📉Hello traders, what's going on today ?! Since 14 Feb 2022, that I posted the last analysis for Band protocol ,after testing higher resistance zone it has been declining till now , actually it wasn't able to take resistance zone over , then like as a bull trap massively dropped !(~ 50%💰 (1x)long).) Also today as you see on the weekly timeframe for band/usdt it has been trading in a downtrend channel, after a little consolidation phase around support zone ,the current candle shape shows the power of bulls , so it has the potential to easily reach the higher VG zone , also as we see it already had 2 positive divergences can causes a jump from here , then if it be able to breakout the upper trendline of channel , it can reach the higher R zones and also likewise may see the purple vwap line as a resistance . but I expect a rejection at there , but otherwise if the situation of crypto market for any reason turns red again, it'll loses the current support zone then it may even fall on the lower DEMAND lvls! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
1
BANDUSDT🔥 Expected trend breakdownSubscribe to the channel to receive new information about the cryptocurrency market✅ Hello everyone👋 Let's analyze the BAND 4H chart At the moment, an active downtrend continues in the market, it is expected that BTC will show a breakdown of the psychological level of $ 20,000 and drag the altcoin with it. As for the BAND, I think to open a deal in LONG from the support zone of $ 1.110, this will be my zone of interest, against the background of the fall of BTC, I think the price will come to this zone.
Long
by DanilBlinkov
Band ready to hit 1$ soonAs you can see BAND just printed a bearish flag in a 4h time frame chart. Taking in to account the current market situation i think that we can expect a retest of the lower trend line of the flag. That is too a retest of the 55 4h exponential moving average and the retest of a strong broken support. I will open a short position at 1.428$ with stop loss at 1.56$ and targets 1.01$, 0.76$ and 0.57$. I will be glad to see what do you think in the comments and if you agree with me don't forget to give me a like, it helps a lot.
Short
by piccard54