NASDAQ:BAND looks like it's about to breakout of a 10 month downtrend. As you can see under the downtrend line, it looks to be forming a massive inverse. Upon a breakout of the downtrend line, we should see a strong impulse upwards which would target $7.53.
Let's see how it plays out over the coming months.
The Band Protocol / BANDUSD hit today the top of the 8 month Channel Down after a strong rally that saw the 1day RSI recovering from deeply oversold levels.
This pushed the price above Fibonacci 0.382 but still under the 1day MA200.
Buy after the 1day MA200 breaks and target the 0.618 Fibonacci at 2.0500.
The 1day RSI is also testing the Falling Resistance, a...
Band Protocol chart is simple: an impulse wave followed by a corrective wave. Recently, Band broke the downtrend line and now showing signs of reversal. Let's see what happens.
We have a Double Bottom at the PCZ of a Bullish Gartley with Bullish Divergence on the MACD and RSI. We could see it attempt a bullish break of the trend line very soon.
The title basically says it all. I’m looking for 1-2 weekly candle closes above the weekly 50ma (in orange). If so we should confirm the bullish breakout from the yellow wedge. On the 1 day chart (not shown here) we have already had a golden cross…a bullih breakout here would confirm that that golden cross will be sustained. *not financial advice*
screams classic exit pump going to get flattened loaded all i could get filled short at 1.87s. stop loss is at 1.9 for the 3-1 RnR. in early looking for tops main thing giving me confidence is the overall market along with RSI and just seeing these random pumps get slaughtered on no news. quick idea to try and get it out in time. GL god bless
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Band has already had a huge move upbut despite that it's not trading anywhere near the levels it used to trade at relative to it's highs. I think that now that the RSI has cooled down from it's recent highs that we will now see Band Continue the Bullish Momentum and make a move up to around $4.50 thereby completing a the Bull Flag it's Developed here.
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Analyzing the chart of the "Band" we see a Broadening wedge which usually suggests a down turn appearing on the one hour chart, however, there is a chance that the coin will be supported by the lower support line which could catalyze the coin to a new LOCAL high or when tested the coin will break under the line and break the support levels. The point is the coin...
Another Technical analysis on BAND! Look Perfect for a small Run. Like the previous chart, Band is about to make a quick move. Watch this one in the next few days. 4hours trading time frame. Simple use of indicators and strategy. For Short lowest resistance is $1.14. For Long, $1.83. Follow for more analysis!
BANDUSD
bearish and bullish scenario
First price will go to 0,5$ - 0,6$.
Then will go UP to 5$.
RSI typical bull flag with possible overbought after raise of price, RSI above 80.
Period: january to march 2023
