BANDUSDT - Channel Watch Next days i'm keeping an eye on BAND with the channel. We are currently testing major resistance, the declining trendline.
Once we can break this resistance i expect us to move up back to highs of the channel.
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BANDUSDT trade ideas
BandUsdt Good for profitBand Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.
In the first wave, this coin has made up to 3 times the profit and can give the same profit in the second wave, in the medium and even in the long run, it can have a profit of 8 or 10 times.
It is now in a tough resistance. By crossing this point, it reaches the main and final resistance point, and if it breaks it, which is likely in the Bull market these days, they can make good profits.
Therefore, you can easily make a good profit from this coin.
Good luck
And take care of your health in these difficult days
GL
EntryPoint:
8.110
7.791
Supports:
7.295
6.560
6.147
5.641
Resistance:
9.255
Targets:
10.040
12.427
16.836
24.796
HODL;
40.560
52.440
75.828
GL
A divergence can be seen in this chart and it is ready to move and pump
Take care of yourself, your capital and your health
Band Band is in an interesting spot. Large volume came in on this last dip and price is attempting to break above. Daily closes above 8.96 are critical if this is to move up. BTC looks like it could be rolling over and if you zoom in on band/usdt you will see a potential h/s forming on the 1 hour chart just above the critical 8.96 level. If BTC moves lower this will move much lower. However, Its worth it to watch this one. A break of the trend line around 10.18 could lead to a run @ 36 or above. I strongly urge caution in this environment, do not chase price, be patient. Comparing the difference in market cap between band and link you will see a big difference. Link is the top dog no doubt. Given the moves recently in Atom, I would expect band to try and close that gap a bit.. BTC providing..... gl
We finally reached the weekly moving average. Correction time?Now that we've hit the moving average, might the blue box act as a possible support zone if there's a crash?
Also, we have our cup, but where's our handle? Oh look, it's at the top of my blue box if we're bullish for September, or we might hit that bottom support first if we're bullish closer to December.
BANDUsdt analysHello friends.
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Everything on the chart.
open pos: 9.7-9.2
target: 11 & 13
after first target reached move ur stop to breakeven
stop: 8.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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