Band Protocol is starting to show some reversal signs, next impulse should be enough to regain 50MA support!
Current Price= 0.0001362
Buy Entry= 0.0001368 - 0.0001164
Take Profit= 0.0002209 | 0.0003189 | 0.0004976
Stop Loss= 0.0000889
Risk/Reward= 1:2.5 | 1:5.1 | 1:9.84
Expected Profit= +74.49% | +151.90% | +293.05%
Possible Loss= -29.78%
As you all know, BAND is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
Market/ BTC CRASH
Happy Trading :)
If you like my idea, please...
- Following the channel
- Highs are retested every time with one high inbetween (red and green arrows)
- Bullish divergence on the RSI
- Volume looking good
If we see a continuation of this channel, our target should easily be reached.
Just to update our Swing analysis for BAND Protocols so far 100% in profit
As expected we stuck in consolidation area between resistance area of 11USD and support of 6.5USD,
We expect higher volume to get in soon, to price take off. just to break our resistance then directly for our final take profit guys
As you see we have nice bullish pressure with...
BANDBTC is showing some recent bullish action but with really weak volume... There is hope.
If we look at the last four candles, they are all green but the volume is not very convincing... It feels weak.
This is a short-term analysis as we are only looking from June forward.
BANDBTC is trading near All-Time Lows, in fact, the lowest ever was a long-wick back in...
💎 BANDUSDT has been moving up supported by the ascending channel. It has formed a symmetrical triangle, after the breakout it is expected to go for a retest and then continue to move higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 8.960 - 9.022
☕️ TP1 9.238
🍺 TP2 9.500
🍻 TP3 10.000
#BAND Still trading in parallel channel.
If the price dip around $8.10-$8.16 that will be best entry.
Support is $8.10 so below support level trade will be invalid.