BAND/USDT Bearish Triangle In The MakingWith the recent plunge of Bitcoin, BAND/USDT has failed to reach the previous swing highs around $11.50, sending the price back down.
With this recent fall of BAND, we can see the early signs of a bearish triangle in development. The target for this trade setup is the support line marked on the chart, since it's the bottom of the bearish triangle.
Happy trading!
Band
BAND/BTC Bullish Channel From All Time LowLike a lot of other X/BTC pairs, BAND/BTC is seeing some amazing movement in the last couple of weeks. Since the start of 2021, it has formed a nice bullish channel in which it's trading. Today, we see some good price action going on, indicating that there's much more to come for this pair.
Since it's difficult to predict where the price will hit the upper trend line of the channel, I've marked two resistance areas of interest, based on previous highs, R1 and R2. Feel free to place your own targets.
Happy trading!
Band Protocol Ready for New All-time highBand Protocol is an Oracle + DeFi coin. Oracle coins are pumping hard with LINK and DeFi is still in trend. We expect BAND will follow LINK and DOT. There is a lot of accumulation done on BAND and now it is breaking out. The breakout is confirmed and retested in the support zone. There is only one way to go now... Moon
Buy Zone: $9.5 - $9.7 (Add more if drops to $7.5)
Target: $10.88- $12.3 - $13.06- $15.35 - $17
BAND Short Term Cup and Handle potential upsideNot a financial advice, do your own DD before investing your hard earned money.
-Found Cup and Handle on 4H timeframe.
-If valid, Buy in zone in the red circle.
-Short Term target price is at $13.50-$14.
-Break of pattern if goes below $9.35.
We will be sure in the next 48 hours.
BAND split chart 1hr and WeeklyBullish. Starting to get lots of eyes on the net. Not familiar with the company? Here is a bio straight from Tradingview:
""Bandwidth, Inc. provides cloud-based communications services. It offers data Internet, voice/voice over Internet protocol, messaging. managed network, and conferencing services. The firm serves the telecom needs of small and medium businesses. It operates through the following business segments: CPaaS and Other. The CPaaS segment includes software-powered communication platform such as, voice calling and messaging services. The Other Segment provides legacy services. The company was founded by Henry Kaestner and David Morken in 1999 and is headquartered in Raleigh, NC."
First off I am really loving the dual chart setup lately.
I am bullish on this - watching CALLS for entry on Tuesday 01/19.
MY BIGGEST AREA OF FOCUS RIGHT NOW - Look at what the moving averages are trying to do. We seriously could see them go bearish or bullish. All 4 are within moments of each other. Will be interesting to see how they all react the next few days. And honestly the 200ma is acting as a bit of resistance right now.
I am also impressed at the steady increase in volume over the last year of trading.
$BAND.
BAND/USDT Bullish Triangle: Road To All-Time-HighBAND/USDT has recently touched the last high around $11.40, after which it formed a double top and went down for a little.
Currently, the price bounced off two times from the $9.40 support, sending the price back up. We can clearly see a bullish triangle pattern developing on the chart, ready to take-off!
For now, R1 is the first resistance to beat, placed at the top resistance level of the bullish triangle. After that, the road practically clear of any obstacles till R2, marked at $13. If we manage to take that resistance out, be prepared for new all time highs. Happy trading!
✳️BAND Protocol/USDT Analysis (6/1) #BAND $BANDBAND has just broken out of sideways in the 4-8$ zone and if this 1D candle closes above 8$ it will be a bullish signal for BAND and it will easily move up to 12$
Pay attention to BAND as it is a coin had very strong and fast pumps that can reach 14$ or even 20$
But if BAND turns around and closes this 1D candle below $ 7.5 then it will be a false break and the situation will get worse if it loses the $ 5.5 zone.
📈BUY
-Buy: 7.5-8$ if A. SL if B
📉SELL
-Sell: 11.5-12$. SL if A
-Sell: 13.5-14$. SL if A
-Sell: 19-20$. SL if A
♻️BACK-UP
-Sell: 7.5-8$ if B. SL if A
-Buy: 5.25-5.75$ if A. SL if B
-Sell: 5.25-5.75$ if B. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Band going to 40 summer! Get your moon boots on!The other day I published that Band was breaking out of its .236 fibonnaci retrace and would be on track to hit $10 before it encountered resistance and - this week Band did that almost perfectly!
Band breached 10 and bounced off of the .50 percent fibonnaci retrace this week almost perfectly. Now I would say its a little to soon to say if band will continue to break its all time high now, or if it will consolidate over the next few weeks before continuing up, but I also wanted to give some long term projections:
There you will see a comparison I made between Band and Chainlink. They are both oracles, but clearly Chainlink Obviously has a much higher market cap - for now. We must also keep in mind that Chainlink beat BAND to the market by 1 year and if you compare Band to Chainlink its eerily similar.
When Band Protocol it went main-net last summer it exploded (just like chainlink did when it had its Mainnet launch in 2019.) A few months after Chainlink had its Mainet launch, it dipped down to the exact level band protocol is at, followed by an explosion to $4.4 which is equivalent to 25ish/27ish in band protocol terms. Story goes on, 1 year from it's mainnet: chainlink hit all new highs at $18 ( which in band protocol terms would correspond to the $40-$50 range.)
I would venture to say that if the band protocol development team does not slack off, band token can reach a similar level of performance. We need to make sure that validation request keep rising, validators keep rising, and new partners get onboarded because that will be a good indicator of network growth. Keep in mind Band protocol will hit its one year anniversary this summer, we must monitor its development closely because if it performs similarly we will all be Rich as F^Ck!
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 7: BAND DISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 7 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Band Protocol:
Projected ROI on Log Scale: 3000% or more
Projected Price Target: 182
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 30X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for Band Protocol is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
You only need to read this: marketsuncovered.medium.com
There is a direct correlation between the price movement of Chainlink and Band Protocol.
It's lead investors are Sequoia Capital, Binance Labs, and other renowned Venture Firms.
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
bandprotocol.com
marketsuncovered.medium.com
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