BAND looks bearishFrom where we placed the red arrow on the chart, it looks like a BAND correction has started.
BAND seems to be forming a complex diametric which is now in the middle of wave E.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BANDUSDT.P trade ideas
BANDUSDT LONG ✉️ Pair: BANDUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 1.550
📊 Entry 2 (DCA): 1.000
✅ Target 1: 2.000
✅ Target 2: 2.500
✅ Target 3: 3.000
⛔️ Stop Loss: 0.950
BAND Analysis:
Previously, #BANDUSDT has been trading within a descending channel on the 1D timeframe. #BAND has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run. Currently, #BANDUSDT is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $2.5.
If the $1.5 support fails, the next major support to watch is $1.0. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.
Entry Strategy:
- Main entry: 1.550
- Additional entry (DCA): 1.000
Monitor volume and breakout confirmations closely. If #BAND breaks above the resistance level with good volume, it is likely to reach the specified resistance levels.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
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BANDUSDT Bullish momentum - get ready for continue upward!Yello, Paradisers! Is #BANDUSDT poised for a significant move upward ? Let's break down the analysis.
💎#BAND has successfully reclaimed support and broken out of its descending pattern. Currently, the price looks to rebound after retesting this support, with a high probability of continuing upward to challenge the resistance at $1.85. A decisive breakout above this resistance could signal a significant upward move, shifting the trend back to bullish momentum and potentially reaching our target strong resistance area.
💎However, if BAND fails to break this resistance, we might see a retest of the support line. In a bearish scenario, a downward move could bring BAND to the demand zone around $1.108.
💎BAND has a strong history at key support levels. In previous instances, whenever the price hit this zone, it rebounded and moved upward. A bounce from this strong demand area would validate the bullish momentum. Conversely, failure to hold this level would invalidate the bullish outlook, increasing the probability of a downward dip.
Remember, consistency and patience are the keys to long-term success in the crypto market.
MyCryptoParadise
iFeel the success🌴
$BAND - Roadmap 2024NASDAQ:BAND Roadmap for the rest of this year before completed the Wave C.
Now, BAND is on th Wave C (correction mode) and of this correction has probably started and we can expect it expands to 2025 and probably around $0.3, we can look for new low risk buy setups in Weekly time Frame.
Band Protocol (BAND) - Bullish divergence** Trading opportunity **
On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months.
3) Support and resistance, price is on strong historical support, look left.
Is it possible price action continues to correct? Yes.
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Act now
Return: 50x
Opportunity to buy in BANDWe have a bullish iCH on the chart and the trigger line has also broken out.
On the demand range, we can look for buy/long positions
The targets are clear on the chart.
Closing a candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
BAND/USDT Poised for Bullish Breakout From Falling Trendline👀🚀💎Paradisers, it's time to focus on a stellar trading opportunity with #BAND. As the price tightens between a falling trendline and a solid support at $1.339, we are on the brink of a potential breakout. Maintaining momentum at this level could catapult #Bandprotocol past the falling trendline.
💎However, if NASDAQ:BAND falters and drops below the crucial support at $1.339, it may signal a downward spiral, directing us toward the next essential demand zone at $1.24. This zone has repeatedly catalyzed significant upward rallies due to its substantial liquidity.
💎If #BAND revisits this demand zone, it’s imperative to achieve a strong bounce to preserve support. Failure to do so could amplify bearish forces, deteriorate investor confidence, and potentially trigger further price drops.
💎Keep your strategies flexible and your senses keen, Paradisers. Your ParadiseTeam is vigilantly monitoring the market, ready to guide you through the dynamic shifts of the #Bandprotocol market.
MyCryptoParadise
iFeel the success
#BAND\USDT#BAND
'The price is moving in a downward trend on a 1-hour frame.
The price is moving within it and adhering to it to a large extent,
and it has just been breached. We have a tendency to stabilize above Moving Average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 1.45
The first goal is 1.64
Second goal 1.88
Third goal 2.13
BAND - short-term analysisHi traders,
BANDUSDT on 1D time frame looks very good.
Triple bottom playing out and more bullish price action is expected in the next days and weeks.
This year it's not 'sell in May and go away' for altcoins but more like 'BUY IN MAY'.
Target: 2,49 $
If you're very bullish on BANDUST, you can target 2,80$
Each fib level shown on the chart may act as a resistance so don't forget to take profit on the way up.
Good luck
BAND/USDT Possible to bounce on here and break the descending!💎 Paradisers, #BAND is indeed a coin worth monitoring closely.
💎 It's currently situated at a key support area, and a successful bounce from this level is crucial to maintain bullish momentum and continue its upward movement.
💎 If the bounce proves to be valid, BAND may attempt to break above the resistance trendline of the descending pattern.
💎 However, if BAND fails to break above the resistance and experiences rejection, there's a potential for the price to retreat back to the support area. Repeated touches on the support may gradually weaken its effectiveness, posing a concern for the bullish outlook.
💎 The bullish invalidation would occur if BAND fails to bounce from the demand area and confirms a daily candle close below the support level at 1.25. This would indicate a shift towards bearish sentiment and could lead to further downward movement in price.
MyCryptoParadise
iFeel the success🌴