Trade ideas
Come join the $BAND where the music plays exactly like last timeCrypto in generally loves to rhyme. It's oracle season with $LINK probably sending to $100 short term. Last summer during oracle season $BAND did an easy 10x from the break of the cup and handle. I believe we see something similar, especially since this bull market is going to be massive this year and possibly next with multi trillions of $s coming in.
$BAND ...if a rapper...will rhyme and send 10x within about a month or so give or take.
With the Google news...this could really send hard this year...probably $10 bil mc+ (and yes frogs of Link...your market cap will be much higher as well but BAND has more room to grow with low mc.
BAND / USDTBAND had a very decisive move today after the great news on partnership with Google.
Unfortunately, I have missed this trade. Got greedy when noticed the move and got in too late.
Watching the pull back now to dca into my initial trade (opened at 22).
It might be coming back to turn resistance into support or confirm the diagonal trend line.
Don't think it's done with this leg.
Good project with the potential for the longer term as well.
BAND gaining momentum after Google announcementTechnical analysis regarding the price of BAND PROTOCOL in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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Buy LimitTrade With Proper Risk & Money Money Management..
Only Trade If You Find a Confirmation.
( Engulfing / Pin Bar , Volatility , FU Move Etc..).
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BAND Undervalued ? Ascending Triangle FormationBAND is another one of those coins that I feel is quite undervalued still, It is a cross chain data oracle for the web 3.
I see the importance and aim it takes for cross chain implementation is superior to LINK, especially with more ecosystems such as Binance Smart Chain, Huobi ECO, Polkadot, etc. The potential for BAND is much greater than LINK I believe.
With LINK sitting at a 17 Billion $ Market Cap, and BAND at a 500 MILLION $ Market Cap.
Even a 20x of Market Cap would have BAND sitting at a 10 Billion $ MC, meaning a price of almost 400$. Fundamentally speaking this is one of the coins I suggest having in your portfolio if anything, for the MID-LONG term.
Technical analysis side shows BAND following an ascending triangle pattern on the 1D chart, It is about break above the 20$ resistance level which has acted as resistance previously (two red arrows indicating it).
Maybe a scenario displayed by the blue path line could be the playout in the short term potentially (could play out much earlier though with current market sentiment), ideally I would like to see a break above the 20$ resistance and a run up to 25$ - 30$, before it comes back down to confirm a S/R flip.
Thanks for reading!