Band Protocol has been very volatile the past months and hasn't made any upward moves in general. In the bigger picture this has been a consolidation phase.
When things get frustrating, a reversal signal is nearby. Indicators also don't lie.
This is the time to start dollar cost averaging and riding a huge run during the months to come.
BANDUSDT Bullish Butterfly Pattern
BandChain having several updates and events in the upcoming days and I am expecting a Bull Rally.
Here is the setup for "When to open a buy position" for a long hold Band for a huge profit.
Keep following the market and enter IF AND ONLY IF The Setup is Validated.
Buying Zone: 10.6
TP1 @14.306 - 35.26%
TP2: 15.932 -...
💡 Trade Idea
📈 BAND/USDT Buy Limit Order @ 8.644
🎯 Target Profit 10.563
🛑 Stop Loss 7.718
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price is trading inside a bullish channel formation where we expect a lower correction to the support. This coincides with the lower end of the channel and might lead to a...
Currently able to break $8.48 support
and hopefully can go until the next resistance @ $9.27 and shoot up to $10.9
When to buy?
1: if it confirms break $9.27 can straight away buy
2: if it down to support $8.48. wait another candle to test the second support @ $7.2
Everything is not financial advice
Band is very powerfull and its history talks since it was created its already up more thank 8000% this is considered insane Profits a new ERA is incoming for all Alts in the Market because of New lows of BTC DOMINANCE this will trigger crazy push in the markets in the
Please see September of 2020 to observe the start of large Cup n Handle onto another smaller Cup n Handle starting February 2021. Band is looking for a break out of the green consolidation zone on heavy volume. Make sure that you confirm that volume is coming in before entry out of the small falling wedge. Possible retest if Band can break towards the .618 target...