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Bandprotocol

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!
COINBASE:BANDUSDLong
by peacefuljustin
4
✳️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"
Long
by CryptoStation
✳️BAND Protocol/USDT (9/11) #BAND $BANDBAND is trying to cross the 6-6.5$ zone to strongly pump to the 9$ zone and we should wait for the BAND to close the 1D candle above the 6-6.5$ zone. If the above zone is not broken, the BAND will fall back to 4$ or even 3$ 📈BUY- LONG - Buy: 4-4.5$, stoploss if B - Buy: 2.5-3$, stoploss if B 📉SELL-SHORT - Sell close to 6-6.5$, stoploss if A - Sell: 4-4.5$ if B, stoploss if A ♻️BACK-UP - Buy close 6-6.5$ if A, stoploss if B - Sell: 9-9.5$ if B, stoploss if A ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Short
by CryptoStation
1
BAND Breakout setup | Binance Future macro structure is forming head and shoulder's setup 4 hour time frame hold the trend line support if close below support than another low we will witness. if this current breakout of 7$ happen around we will hold our trade and wait for price to close above 8$ than we are risk free , once price close above 8$ on daily we have huge head and shoulders breakout this daily head and shoulder's breakout will send price higher to 10 , 12 ,15$ in short time.
by TheLightCrypto