BANDBTC trade ideas
BandBtc Correction in progressAfter massive Cup and handle breakout, Band had been subjected to correction which got extended after closing below important neckline support.
Kindly follow the suggested BUY zone on the chart and always remember to apply stop loss according to the chart and your personal set risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Kindly go through the chart and leave us your comments with your likes and also follow us for more trading updates.
Thank you.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Crypto|BAND/BTC|LongLong BAND/BTC
1. The beginning of a decline in the level of BTC dominance .
2. Weakening of the growth dynamics of BTC/USD near ATH .
3. General consolidation of altcoins after a downtrend (to BTC ).
4. Inflow and redistribution of new money in the market.
Take levels 1. 0,00051078; 2. 0,00063706.
The risk stop level is 0,00002565.
BANDBTC is trying to have a breakout 🦐BANDBTC is trying to have a breakout from the symmetrical triangle. IF the price will have a breakout and flips the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
$BAND retracement overI believe we have found the bottom here for Band Protocol.
Not all rules are passed so I BELEIVE that we can go slightly down here. But over all we should follow the Blue Fractal line and 2021 be a fantastic year for Band.
Stocastic RSI and MACD are all fine.
What I am looking for as usual is the 20 MA on this 2day chart to look upward (turn green) or the 10ema crossing the 20ema
As things progress I will update
BANDBTC 1D bounce at local support; breakout expectedTA Explained
BAND is looking very bullish after this huge retracement. Not only against BTC but also against USDT.
Trade setup
Best entries: 0.00030803 - 0.00035615
TP1: 0.00047697
TP2: 0.00056591
TP3: 0.00072567
SL: 0.00023530
RR: 4.19
Max leverage: none
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Bitcoin - Ethereum - Band - CryptoBitcoin, Ethereum, and Band look at the importance of Fibonacci retracement. THIS IS TOTALLY phenomenal how the Fibs work perfectly in this video. FIBONACCI is the most important sequence of numbers in all human behaviour. FIBONACCI is UTTERLY incredible, completely exceptional and totally phenomenal!
#Bitcoin #Ethereum #Band #BTC #ETH #crypto #defi #fibonacci #goldenratio
BINANCE:BAND/BTC🛒 Pair: BAND/BTC 🛒
== SPOT==
⏰ 1399/08/17 ⏰
🕰 07/11/2020 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
🛒 Buy1 :0.000330 - 0.000340 🛒 1/3
🛒 Buy2 :0.000305 - 0.000310 🛒 2/3 DCA
👉Sell Targets👈
🎯TP1: 0.000359 🥉
🎯TP2: 0.000399 🥈
🎯TP3: 0.000419 🥇
🎯TP4: 0.000449 🏆
🎯TP5: 0.000499 🚁
🎯TP6: 0.000545 ✈️
🎯TP7: 0.000595 🚀
🎯TP8: 0.000645 ✨
⛔️ SL: 0.0003049 ⛔️ with 4Hrs. candle closing below
⛔️ SL: 0.0002949 ⛔️ with 4Hrs. candle closing below if DCA