Bandprotocol
BANDUSDT Update ‼️✅✅‼️Just to update our Swing analysis for BAND Protocols so far 100% in profit
As expected we stuck in consolidation area between resistance area of 11USD and support of 6.5USD,
We expect higher volume to get in soon, to price take off. just to break our resistance then directly for our final take profit guys
As you see we have nice bullish pressure with ascending channel, first we need to break this channel then wait for resistance to be broken
Wait for more analysis
Any question just comment bellow
GOOD-LUCK Everyone
@FxShzd
band . new big bangband is trying to break the resistance . with weekly chart where macd is good for us . it didnt cross down ( death cross) and rsi is going up from average point . looking to break 50 ema with support of 10 and 20 ema .
no need to put stoploss . it will rebounce back just like before . this is for long term so no leverage
🆓Band Protocol (BAND) Oct-23 #BAND $BANDBAND has conquered the $8.5 zone and is moving towards the $9.5, $11 and $14 zone in the near term. If it loses the $8.5 zone, it will be very dangerous because it will fall sharply to the $7 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 8.5$ zone
🔴Buy : 8.5
🔴Sell : 9.5 - 11 - 14
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 8.5$ zone
🔵Sell : 8.5
🔵Buy : 7
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
BANDUSDT🌟this alt is ready for a big jump in price so heads up to catch that
🌟the waves analysis tells us more about future movements which is the fluctuations of the chart is going to be more visible (AKA ATR indicator)
👉This idea has the confirmation of "advanced price action" 👍
👉For more information don't be shy and get in private chat of trading view 👍
👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍
$BAND/USDT 3h (Binance Futures) Ascending channel on support Band Protocol is showing several bullish continuation signs after breaking out of that triangle and the descending TL.
We expect 50MA and 200MA to be retested before bouncing higher, let's not miss next dip!
Current Price= 5.8682
Buy Entry = 5.8161 - 5.6661
Take Profit= 6.1170 | 6.3439 | 6.7494
Stop Loss= 5.4393
Risk/Reward= 1:1.25 | 1:2 | 1:3.34
Expected Profit= +19.65% | +31.50% | +53.58%
Possible Loss= -15.78%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 1 week
BANDUSD W - BAND to gain it's momentumBAND is forming an ascending triangle pattern which if completed, will put the price above resistance and then, from what I see, up very high, almost in a year. That in my opinion will be the natural price range for one of the best performing staking assets out there. So it wouldn't surprise me if there will be high demand for years to come.
Band protocol cross chain oracle compete with chainlinkBand Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.
By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.
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Band Protocol Price (BAND)
$17.30
3.68%
0.000317 BTC4.14%
0.006358 ETH0.31%
Can LINK/BAND predict BAND dips, then uptrend?Recently it was brought to my attention how well LINK and BAND have come to be closely been correlated over the past few months). However, I have begun to notice an interesting wedge that has some particular peculiarities.
For those who have not heard of LINK and BAND, Chainlink (LINK) and the Band Protocol (BAND) were both created in 2017 and are the two of the most well-known blockchain based oracle providers. For those who do not know what a "blockchain based oracle provider" is, it is roughly a means for cryptocurrency smart contracts to come to consensus in order to securely use reliable external data via APIs (I recommend a quick google search for a more thorough explanation). Chainlink was the first major oracle network to launch and is more widely used, but Band Protocol is the second largest and has branded itself as a cheaper, faster competitor in this space.
As for the chart, as one can see, when one charts out LINKUSD / BANDUSD , an interesting wedge appears to have formed. Of particular interest, whenever the price of LINK has extended upward out of the wedge in this relationship (particularly during downtrends for bitcoin ), it has often indicated a dip in BAND that later triggers a reversal uptrend.
As to whether this relationship continues is anyone's guess. I should especially note that since this pattern has also formed an ascending triangle , there is also the possibility that LINK might be "winning" in this relationship and this is indeed a breakout. This could hold especially true as well since Chainlink is built upon the Ethereum blockchain (ETH) which has recently been seeing historical highs, whereas Band Protocol is built on top of the Cosmos blockchain (ATOM). Hence, there is a good possibility as well that this "BAND trend" may be coming to an end.
As always, this is solely my opinion and not at all meant as financial advice, but an interesting pattern nonetheless so please like or comment if you agree or have any opinions/facts that differ from the above.