Hello everyone 😃
BAND is moving into a BOX now.
Volatility had a bullish crossover and there is a bullish trendline which is controlling movement from below.
It's expected for BAND to have a breakout above it !
How ever there will be more pressure at resistance zone; But it will be broken after a retest on broken line...
Also MA50 is...
The selling pressure on BAND is decreasing and I think BAND will have a recovery from this 14$ zone.
👉Jun 30 : Bandchain Phase-1 Launch
👉Jun 30 : IBC Protocol Launch
👉Jun 30 : VRF Launch
-Buy: 13.7-14.3$ if A. SL B
-Buy: 15.6-16.4$ if A. SL B
-Sell: 19.5-20.5$. SL A
-Sell: 29.5-30.5$. SL A
-Sell: 13.7-14.3$ if B. SL A
On the daily chart, BAND is living in a picture perfect cup and handle formation. If you pull up this formation in a search engine, you will see what BAND's daily chart looks like.
BAND being one of the most popular protocols aside from LINK & usually holding it's price at around 50% of LINK's price, it is set to go higher. Once it gets through ATH to $25-30, I...
Crypto in generally loves to rhyme. It's oracle season with $LINK probably sending to $100 short term. Last summer during oracle season $BAND did an easy 10x from the break of the cup and handle. I believe we see something similar, especially since this bull market is going to be massive this year and possibly next with multi trillions of $s coming in.
Here I present my indictor for longterm swing trades and/or general market cycle analysis of bitcoin: the top & bottom price action integral bands (short: PAIBs)!
Instead of fitting some curve dependent on time (~ f(t)), I integrate over price action with two custom functionals. Then if I expand those functionals by +- 5% I get two bands, in blue the top price...