🆓BAND Protocol/USDT Analysis (20/4) #BAND $BANDThe selling pressure on BAND is decreasing and I think BAND will have a recovery from this 14$ zone.
📅NEWS
👉Jun 30 : Bandchain Phase-1 Launch
👉Jun 30 : IBC Protocol Launch
👉Jun 30 : VRF Launch
📈BUY
-Buy: 13.7-14.3$ if A. SL B
-Buy: 15.6-16.4$ if A. SL B
📉SELL
-Sell: 19.5-20.5$. SL A
-Sell: 29.5-30.5$. SL A
♻️BACK-UP
-Sell: 13.7-14.3$ if B. SL A
-Buy: 10.7-11.3$. SL B
-Buy: 8.8-9.2$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Bandprotocol
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. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
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!
Band protocol 65% Gain to new ATH LINK CompetitorSince hitting a new ATH on the 12th February Band Protocol has retraced down 45% and on the 28th March our Swing Call script triggered a strong Buy Signal after the 13 EMA crossed above the 50SMA just above the 23.60% Fibonacci level (23.60% is the cheapest value to enter on a strong continuation pattern after confirmation). We have added this Oracle to our portfolio and up 14% already from Buy Zone 1, be patient, use the buy Zone to Map your Entry, there has been some strong fundamentals for Band so an entry between the 38.20% and 50% Fibonacci level is also a good entry point. We expect a 65% Gain to a New ATH for Band to $23.25 over the next coming weeks. Happy Trading :)
Key Information:
DeFi x CeFi intergration is happening slowly but surely, the value that Defi can unlock is unthinkable right now but so many centralised institutions are now more ready to accept this movement...like Elon mentioned earlier last week 'Don't Defy Defi' 😅
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Band Protocol enables smart contract applications such as defi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle . Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
The Band Protocol team has hit the ground running in 2021 with relentless efforts to ramp up towards the launch of BandChain Phase 2 — where the focus will revolve around enterprise and institutional integration to unlock virtually all the data on the open internet for blockchain and decentralized applications to securely utilize.
LINK is proving to be very costly for intergrating data, Band on the other hand has been showing its efficiency. This is going to be a very good year for Band protocol
BAND to 30 / pt.2 (15 min chart)We can observe another cup and handle formed on BAND's chart.
Yes this is a short time period for a price prediction but you can see on my previous post that BAND indicated a decent long term cup and handle as well.
These two indications of a price action only tell me that BAND protocol is set to explode real real soon.
I think if it gets past its previous resistance about 20.7, it will do an absolute moonshot to the 29-30 levels.
not a trading advice
BAND Protocol moonshot to 30 !!After forming a real huge cup and handle BAND Protocol is set to explode after breaking its previous strong resistance.
I think it might be a easy 30 dollar in the upcoming days since BTC and ETH are constantly making aths, altcoins should follow.
And these kind of long term cup and handles are always promising in my opinion.
not a trading advice :)
Using the Gaussian Channel IndicatorWithin the green circles touches on the Gaussian channel can be seen, well, clearly on the first one, the second one is a bit above.
This is a great bounce area for price as price is in a full bull trend, as shown by the Gaussian indicator.
This is the chart for BANDUSDT, and if this second circle acts as a touch on the Gaussian indicator a strong bounce upward could occur.
And if history holds any merit, a 4000% move up could be in play.
Above is a chart that has a link to this indicator in the comments.
It is very helpful.
Band Protocol may hit 70 AugustI hope everyone was holding because we had the breakout we were all waiting for! As you Recall from my previous analysis I compared the growth of band protocol to its brother Chainlink. The current way band protocol is growing is very similar to the way Chain grew its first year which can help us make some predictions. More details below:
🆓BAND Protocol/USDT Analysis (10/2) #BAND $BANDBAND is stopping at the strong resistance zone at 13-14$, if it surpasses this zone, BAND will increase strongly to 22-23$ by the end of February. But we need to wait for BAND to close a 1D candle above $14
📈BUY
-Buy: 13-14$ if A. SL if B
📉SELL
-Sell: 22-23$. SL if A
♻️BACK-UP
-Sell: 13-14$ if B. SL if A
-Buy: 8.75-9.25$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Band protocol projection (long) squeezing up against key levelI predict Band will begin squeezing against the $13 key level. If we see this followed by a breakout Bands next target should be the $15-16.
If price breaks down below $11.4 the idea is invalid and we may spend some more time accumulating before lift off.
Band Protocal (BAND) Break Out Retesting All Time Highs SoonIn the oracle realm of the cryptocurrencies Band Protocol is the second largest oracle coin right under the leader Chainlink (LINK) that is bound to be picked up and re-test those all time highs. Band Protocol has approached a very important level today as it has slightly broken out of $11.50 resistance zone that has held strong since September 4th 2020. We traded for at a high of $11.80 before coming back down to current levels.
Today we hit the 0.5 Fibonacci Retracement level and now we're trekking towards the 0.618 Fibonacci level putting us at around $12.25 for our next target. We also hit a daily bullish divergence on the MACD as well indicating we may be positioned for a strong breakout within the next week or two.
Band Protocol only has a market capitalization of around 230 million dollars while Chainlink's is around 8.9 billion dollars. As being the second biggest leader in the oracle space Band Protocol will be poised for a lot of growth this year especially as the use case for oracles continues to accelerate. Oracles allow ways for a blockchains and smart contracts to interact with external data.
Oracles will be an essential part of the evolution of cryptocurrencies and growth of Decentralized Finance (DeFi). Band Protocol is the second biggest Oracle, still well under a 1 billion dollar market capitalization, and has a Coinbase listing. Keep Band Protocol on your radar for 2021.
Current Support Level: $9.00
Current Resistance Level: $11.80
Cheers! Much peace and love!
$BAND/USDT 3h (Binance Fut.) Parallel channel facing resistanceBand Protocol lost its support, I believe it will retrace down further to lower-line or near after a last impulse.
Current Price= 8.7404
Buy Entry= 8.7397 - 8.9909
Take Profit= 8.2719 | 7.7735 | 7.1819
Stop Loss= 9.3710
Risk/Reward= 1:1.2 | 1:2.19 | 1:3.37
Expected Profit= +13.50% | +24.72% | +38.06%
Possible Loss= -11.28%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 240h