BANDUSD trade ideas
Looking for the CupRejection of the top, I'm going to wait for the pull back and start adding when the it rounds back up.
We are in a midst of a $BANDemicWe are currently in alt season, massive gains will be made in during the coming months. Current market-cap hovering below 350m. A simple 10x would put it at roughly a 25% of the current market-cap of its direct competitor $LINK.
BAND/USD : Long (BNB comparison)The structure on the weekly BAND/USD chart is shaping up to be very similar to the structure of the monthly BNB/USD chart.
The chart shows the whole idea. I will hold my long.
UPDATE: BANDUSD is wanting to go upBAND still wants to go up. After dropping below the trend line I published yesterday, BAND established a double bottom and created a new chart pattern; a proper looking Bull flag. Wait for breakout and retest for confirmation. My target is $27 if the channel breaks upwards. 4H MACD is moving towards a cross and RSI is healthy.
Bandido 2.12.21 Link JrCan Band hit 60 dollars? Easily. It is very deserving of unicorn status imo and even at those level it would still be an easy buy. If it goes to Chainlink's current level, and i have no doubt it will, that would put Band around 600 dollars. Is that possible? I am going to go out on a limb and say yes. By spring of 22 i believe it could be there. I'm going to go hard on this one and be a moonboy. Band just partnered with Coingecko this week. Look for it to be partnering with others. It is a Sequoia backed and also partnered with Brave New Coin. It also has other strategic partnerships. Actual partnerships. I believe Band could even surpass Chainlink. ONe reason is its based on my facorite network Tendermint. A Cosmos SDK. Its a Proof of Stake system that provides 17 percent rewards. 17 PERCENT. Let that sink in Lookout for these Cosmos SDK projects to compete with Polkadot and Kusama. I am SUPER BULLISH ON Band, Chainlink, Cosmos, DOT and especially one of my newer gems KUSAMA. Yes i like projects that are already established. I'd rather have 15 3x projects and using small amounts of money spread out then try and find those 100x microgems. I'm not greedy and already good. I like consistent gains and coming from equities and metals , crypto 26x is plenty good enough for me. If you arent in Band and have been watching it skyrocket since last year, its time to bite the bullet and join the real Bandidos.
Band Protocol may hit 70 AugustI hope everyone was holding because we had the breakout we were all waiting for! As you Recall from my previous analysis I compared the growth of band protocol to its brother Chainlink. The current way band protocol is growing is very similar to the way Chain grew its first year which can help us make some predictions. More details below:
Bandito 2.11.21Anyone who was around in the summer knows where we bought in. 1 dollar. IT IS STILL A BUY. Right now . With a market cap under 400 million, this crypto is stupidly undervalued. It is on the COSMOS SDK along with projects like THETA( ANOTHER CHEAP ONE) I still think COSMOS and its SDK platforms like band and theta are an easy buy and long term hold. Targets of 30, 50, and 65. Another interesting play we are looking into and are staking our tokens (KSM) is PHALA.
BAND - Will history repeat itself??This is purely technical analysis. With the alt season coming who knows what will really happen. If history repeats itself it may form another cup and handle before its push upwards.
Best wishes and happy trading!!
Order Flow Band/USD TP 1 $50 USDBand is an Ethereum token which brings big data on chain and decentralized to its platform's blockchain. The only other crypto that has the same utility in the main DeFi space is Chainlink, with its Market cap at 10 billion USD.
I am lookin for this coin to go upwards towards $50 and from then on gauge PA and institutional behavior
Leave your comments and ideas below . Thanks !
64% chance to upside BANDUSDWhen it breaks this triangle, we have a clean shot for an upswing. I see another, yet smaller consolidation buying time frame here for now.
BAND - Bull Flag Breakout!!So, BAND decided to go into a bullish continuation pattern it seems - and it is sitting above the flag formation in a breakout fashion right now.
My measurements on the flagpole give roughly a 50% move - where I do have confluence with fibs at around 18 bucks.
There are upper targets beyond that, but for the purpose of this idea of a bull flag breakout - I am saying go for about 50% at around 18 bucks.
I'd keep your stop/loss somewhat tight on this, however, because volume is still quite low.
Thank you and enjoy profits if this continues to break-out!
BAND Potential Entry on break-out retraceAs we saw, BAND broke out of its month long consolidation on a Symmetrical triangle break-out.
A nice confirmation for it now I believe would be to fall to support on top of the triangle or thereabouts, and establish it as support now.
I could see entry all the way from $9.00 - $10.30.
Willing to discuss upper targets if desired.
Thank you!
BAND breakout target $18.38 +50%Band is breaking out of resistance formed since August. Target is the August high at $18.3. Stop a little below the trend line. 5/1 risk reward
Band Protocal (BAND) Break Out Retesting All Time Highs SoonIn the oracle realm of the cryptocurrencies Band Protocol is the second largest oracle coin right under the leader Chainlink (LINK) that is bound to be picked up and re-test those all time highs. Band Protocol has approached a very important level today as it has slightly broken out of $11.50 resistance zone that has held strong since September 4th 2020. We traded for at a high of $11.80 before coming back down to current levels.
Today we hit the 0.5 Fibonacci Retracement level and now we're trekking towards the 0.618 Fibonacci level putting us at around $12.25 for our next target. We also hit a daily bullish divergence on the MACD as well indicating we may be positioned for a strong breakout within the next week or two.
Band Protocol only has a market capitalization of around 230 million dollars while Chainlink's is around 8.9 billion dollars. As being the second biggest leader in the oracle space Band Protocol will be poised for a lot of growth this year especially as the use case for oracles continues to accelerate. Oracles allow ways for a blockchains and smart contracts to interact with external data.
Oracles will be an essential part of the evolution of cryptocurrencies and growth of Decentralized Finance (DeFi). Band Protocol is the second biggest Oracle, still well under a 1 billion dollar market capitalization, and has a Coinbase listing. Keep Band Protocol on your radar for 2021.
Current Support Level: $9.00
Current Resistance Level: $11.80
Cheers! Much peace and love!
Band Protocol accumulating. 70% move to upside. $BANDBand Protocol accumulating. 70% move to upside.
Above resistance first target around $18
$BAND COINBASE:BANDUSD
Band 2021 price targets With a current circulating supply of 20,494,033 Band tokens and a max of 100,000,000 Band tokens, it will be very interesting to see Band, which Is also in the Oracle tech space as Chainlink, compete and carve out its own market share. Chainlink has 405 million tokens in circulation with a max of 1 Billion. I believe that Band is on the Cosmos platform and also rewarding its users with a handsome staking reward which is an incredible incentive for long-term holding. Right now Band is in a similar channel as many other Altcoins and several price targets are a possibility given the scarcity, the backing of Band by well-known investors, and the growing Oracle/Dataspace.
Could Band achieve between $250 and $1,000 on this next Bitcoin bull run? We will see.
