Bandprotocol
Strong resistance expected at THIS level & support to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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What could this BIG move mean & next resistance levels to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Next levels of support and possible signs of reversal to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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NEXT levels of support to look for if price keeps falling*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Key support level to watch out for can we stay above it?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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More bullish confirmation - can it reach this measured target?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Bullish signals apparent - will it break out soon?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Bearish formation apparent - watch out for THIS level of support*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Are we in reversal for more upward price action?*DISCLAIMER: These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
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Bullish signs apparent - could this be the bottom for now?The current situation:
1. Price action is currently being supported by the 3D 50 and weekly 21MA with some signs of bullishness in their current or previous candle pattern with a hammer.
2. Seller volume has been decreasing with lower price action and can be more clearly seen on the weekly chart up to this week's candle, which could potentially turn green as it is a hammer right now.
3. There 4X bullish divergence on the 12HR chart and 2x bullish divergence on the 3D chart. IF this plays out, it can be a catalyst for a significant move up.
The bullish case: price action gets a solid close above the daily 21MA, which is currently sitting at about 6.3 USD. This can make a more convincing case for a reversal as the price action has not closed above this MA since the selloff back in September.
The bearish case: price action closes below the 3D 50MA and weekly 21MA signaling lower price action. That can be a bad sign as the price action previously broke down from a double-top pattern, with the neckline at about 10 USD and the measured target of that breakdown is about 2.4 USD.
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*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
BAND - BullishAs we can see there are some pressure building up on the support line, we can all agree if the support line dosen´t hold, then we will see some massive dump upon the BandProtocol and we except that the price will continue to drop to cca. 4.7$, but I m very optimistic about this, so there for we will see some reverse into current price to go up to over 10$ were some weeks ago the support line was. But Hey! this is Crypto so we can except everything...
Disclaimer:Do your own research and Invest your money as you want!
BANDUSDT forming bullish BAT | Upto 401% possibilityHi, my friends hope you are well, there is another bullish wave possible by the price action of the BAND protocol token.
Formation of bullish BAT pattern:
This time on a 12-hour chart the BAND token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:
Potential reversal or buying zone: $4.57 to $2.89
Fibonacci projection or Sell zone: $8.57 to $14.49
Stop Loss:
The potential reversal zone area that is up to $2.89 can be used as stop loss in case of complete candlestick opens and closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has the profit possibility of 401% and as per the above-mentioned stop loss, the loss possibility is 58%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BAND | If This Bull Flag Works Then A Big Rally Can Be TriggeredHi friends, hope you are well and welcome to new update on Band token. In my previous article we have seen that this token has surged more than 9000% after March 2020 up till now. Recently on the 4 hour small time period chart the price action of Band token formed a pennant and finally on 17th of August the priceline has broken down the support of this pennant.
The bull flag is still there:
If we switch on the daily time period chart then the expected bull flag is still there. The price action is likely to move up from 25 simple moving average. This is very positive gesture because before this the price action has been doing the same before the next bullish rally. For example if we watch the previous bull flag then there was a big distance between the price action and the simple moving averages. Then priceline moved little bit down and 25 simple moving average moved up to provide the support to the priceline of Band token. Finally using the support of this simple moving average the price action started the next bullish rally. Same move is likely to happen this time again. The price action of Band token was at high distance from the simple moving averages then it moved bit down and the 25 simple moving average also moved up and provide the support to the priceline. And now we can expect that the price action can start the next bullish rally from here.
Different indicators are turning bullish:
If we place the different indicators like MACD, Stochastic and Momentum on the daily chart. Then it can be easily observed that moving average convergence divergence (MCD) was strong bearish but now it has turned weak bearish. The Stochastic has also given bullish signals by giving bull cross, but the momentum indicator is still strong bearish. Once Momentum will be started turning bullish then it will be confirmed that the price action will start the next bullish rally from this bull flag.
Formation of new channel:
Now if we switch back to the small time period 4 hour chart. Then it can be noticed that after breaking down the support of the pennant the priceline of Band token has formed a new downturn channel. At this time the price action is likely to move to the support of this channel after being rejected by the resistance. Therefore the next few hours are very important, whether the price action will break out the resistance or breakdown the support. So we should keep an eye on the move of Band within this channel for next few hours. Once the price action will be able to breakout the resistance of this down channel then it will be a very strong confirmation for the next bullish rally.
Conclusion:
Even though the priceline of Band token has broken down the pennant on small-time period chart but we should also take care of stop loss. For that purpose we can use a support of the down channel that has been formed on the small time period 4 hour chart. If that support will be broken down then we can expect a powerful rally to the downside.






















