Trade ideas
BAND/USDTIt is forming an ascending triangle along with a parabolic curve, which usually occurs when a market moves up or down in an exponential type way. These are very rare moves that typically occur from periods of rampant speculation or at the end of bubbles(buying or selling into a parabolic move takes a lot of courage). As more vertical or parabolic the state of the curve, the bigger the resulting price correction usually is.
However, if done correctly, the benefits of trading a parabolic move can be great as they offer rapid profit potential. Prices tend to move very sharply at the end of a parabolic move. It has already formed Base 1 and Base 2 (mentioned in NOTE in green) and now is ready for a crazy move to the upside. Since, we are in an ALT SEASON, every coin is moving wildly. Crazy Market = Crazy Returns.
Resistances/Targets are mentioned in green (Although, it can surge more than that).
Supports in Blue.
DISCLAIMER : I am not your Financial Advisor, this chart is just for educational purposes only (DYOR).
P.S :- Too much information in the chart.
BINANCE:BANDUSDT
Rock out with your chicken out BAND 29.50 Not financial advice.
Trading zone highlighted in box.
Entry 17.06 . Resistance a shade under 21.00
Highlighted levels are different ground floors of support
17.90
17.06
15.58
14.12
I expect a retest of previous high of 17.00 .
17.00 doesn't hold 15.58 good entry point.
Wonderful opportunity to catch the pullback for next leg up.
Keep in mind.
It can't go up forever.
Current total market cap in excess of 1.4 trillion
So trade with caution.
Support the legalizedhustler
#hustlabynature
BAND/USDT In Coming DaysHi every one
BAND / TETHERUS
AB=CD
The ascending triangle is broken and the price is well supported in 7.5 to 8.5 levels and the market is ready for the price pump
Remember that Trend is our friend and we have to hold his hand and go with it.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea .
Have a nice day and Good luck.
BAND / USDT -7 months OUTLOOKhello guys . this is a USDT chart in comparisson.please also check the BANDBTC pair to make sure u wont get outperformed ;)
hey chads !
i would like to focus my charts,im publishing ,on immininet brakeouts WICH ARE RESULTING IN NO LONGER THAN 3 DAYS . by following me u can be sure u get the real kick !
this one is though is a long term trade( arround 7 months)
all my trades i go in with factor 3:1 to avoid any ADL !
i use the followig indicators for my analysis.
fibionacci retracement tools
trendlines
TD seq
vol oscilator
rsi storch
vpvr /ichimoku cloud