Its a little rough around the edges but it looks like a pretty decent cup and handle formation to me. TOTAL2 (Altcoin market cap) has also had a good bounce on a parabola I drew a couple of weeks back so its looking okay. of course if the TOTAL2 breaks to the downside we will have further downside.
With a current circulating supply of 20,494,033 Band tokens and a max of 100,000,000 Band tokens, it will be very interesting to see Band, which Is also in the Oracle tech space as Chainlink, compete and carve out its own market share. Chainlink has 405 million tokens in circulation with a max of 1 Billion. I believe that Band is on the Cosmos platform and also...
Band has been consolidating in what looks to be a big Flag/Falling Wedge.
The current fib sequence matches a flag pole of about 66-70% to give us around $28.00.
We are threatening a break-out as we speak - buy on confirmation - try and ride it to $28.00 : )
We are currently in alt season, massive gains will be made in during the coming months. Current market-cap hovering below 350m. A simple 10x would put it at roughly a 25% of the current market-cap of its direct competitor $LINK.