Trade ideas
BAND/USDT Long Term PictureSitting at ~300 mil mcap, BAND has underperformed the market since January along with the entire oracle sector, and because of that it's really not been mentioned much.
Zooming out though we can see it's been ranging within an accumulation range, close to the previous ATH. Accumulation, in a bull market, at an ATH is when you want to buy; as this is when large players are building their positions.
TA wise a bullish divergence is forming, stoch has reset, and ichimoku is bullish. We can also see there is a clear long term parabola in formation.
I have high confidence that this parabola will play out, and as such I've taken a large position. However, it's important to understand that when you're trading charts on high time frames you often will be waiting extended periods for a breakout and may be forced to be underwater for a bit.
Don't be concerned with the intraday price action. This coin could easily trade up to a $3 billion mcap which would be a 10x from here
Good luck.
BAND/ USDT - Bullish Push/ Buy & Hold - 50%+ ROIHello Traders,
BAND is looking good.
We have some events coming up in June, Twitter has been posting a lot about this project over the last few days, google trends is moving up, and we have a bullish structure.
If you look at previous price action, we are seeing a similar pattern forming on the daily, before heading to a breakout.
Volume has been steadily increasing over the last few weeks.
We should see a retest of recent ATH’s, with a lot of folks thinking it will break the $30 range. This is not far out of the question seeing that the market cap is still sitting in the $200 Mil region. It’s number 3 for the Oracle category, with Link & UMA sitting at numbers 1 & 2. Once BAND strengths their partnerships, and once they launch their support with Cosmos, we should see the price really start to climb.
In the short term, I’m targeting $19/$20. Mid-term, $31/$33. Long-term, $55/$58.
We just got a nice dip to DCA our purchases and we are still working our way back up offering us a great buy opportunity at the moment.
Side-note: Sunday’s are a great day to really get yourself organized for the week, evaluate the market for opportunities, and to figure out end of week exit strategies. I personally hold coins for 4-7 days at the most. Very rarely do I hold anything longer than that, other than some of the major coins/ projects.
Good luck!
BANDUSDT Parallel ChannelBANDUSDT (4H CHART) Technical Analysis Update
Waiting for the Parallel Channel
BAND/USDT currently trading at $14.22
Buy-level: Above 15.50 (only buy if 4h candle closes above the Parallel channel)
Stop loss: I will update once I see the breakout
Target 1: $17.75
Target 2: $19.75
Target 3: $22.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BAND The Map to 24.00 nice set up.. Retest 12.50 once moreNot financial advice
"Have a plan, set a goal not expectations. Exceptations create limitations"
Legalizedhustler
Pretty easy to map this one out.
Another retest of 12.50 range before heading up to 24.00
At 15.00 they'll be a super fight there as i memtioned.
Overall it's looking good for a good gain..
Beem slowly creeping up.
Hits 24.00 then we start our descent back to 8.00.
Get it while you can.
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