Technical analysis regarding the price of BAND PROTOCOL in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were...
Hello Traders,
BAND is looking good.
We have some events coming up in June, Twitter has been posting a lot about this project over the last few days, google trends is moving up, and we have a bullish structure.
If you look at previous price action, we are seeing a similar pattern forming on the daily, before heading to a breakout.
Volume has been steadily...
Since hitting a new ATH on the 12th February Band Protocol has retraced down 45% and on the 28th March our Swing Call script triggered a strong Buy Signal after the 13 EMA crossed above the 50SMA just above the 23.60% Fibonacci level (23.60% is the cheapest value to enter on a strong continuation pattern after confirmation). We have added this Oracle to our...
We can observe another cup and handle formed on BAND's chart.
Yes this is a short time period for a price prediction but you can see on my previous post that BAND indicated a decent long term cup and handle as well.
These two indications of a price action only tell me that BAND protocol is set to explode real real soon.
I think if it gets past its previous...
After forming a real huge cup and handle BAND Protocol is set to explode after breaking its previous strong resistance.
I think it might be a easy 30 dollar in the upcoming days since BTC and ETH are constantly making aths, altcoins should follow.
And these kind of long term cup and handles are always promising in my opinion.
not a trading advice :)
Within the green circles touches on the Gaussian channel can be seen, well, clearly on the first one, the second one is a bit above.
This is a great bounce area for price as price is in a full bull trend, as shown by the Gaussian indicator.
This is the chart for BANDUSDT, and if this second circle acts as a touch on the Gaussian indicator a strong bounce upward...
I hope everyone was holding because we had the breakout we were all waiting for! As you Recall from my previous analysis I compared the growth of band protocol to its brother Chainlink. The current way band protocol is growing is very similar to the way Chain grew its first year which can help us make some predictions. More details below:
BAND is stopping at the strong resistance zone at 13-14$, if it surpasses this zone, BAND will increase strongly to 22-23$ by the end of February. But we need to wait for BAND to close a 1D candle above $14
📈BUY
-Buy: 13-14$ if A. SL if B
📉SELL
-Sell: 22-23$. SL if A
♻️BACK-UP
-Sell: 13-14$ if B. SL if A
-Buy: 8.75-9.25$. SL if B
❓Details
Condition A : "If 1D...
I predict Band will begin squeezing against the $13 key level. If we see this followed by a breakout Bands next target should be the $15-16.
If price breaks down below $11.4 the idea is invalid and we may spend some more time accumulating before lift off.
In 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...
