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Bandusdtanalysis

BAND/USDT It's ready continue upward movement, Perfect retest.💎 BAND has recently exhibited notable market dynamics, experiencing a perfect bounce from the support area around 1.86, which previously acted as resistance. 💎 Currently, BAND the price is climbing upward, with the probability of reaching our target strong resistance area. 💎However, if BAND retraces back to the support zone and fails to bounce, resulting in a breakdown below support, this could indicate weakness in the market. Such a scenario might lead to further downward movement, potentially revisiting the demand area around 1.49 or even the Bullish Order Block (OB) area near 1.31. 💎 if BAND reaches the demand or Bullish OB area, it's crucial for the price to bounce and attempt to break out above the resistance level to sustain upward momentum. Failure to do so could result in continued downward movement, with the price potentially declining even further.
by MyCryptoParadise
BAND/USDT Breakout and Accumulation Zone BreakoutBINANCE:BANDUSDT BAND/USDT breakout and accumulation zone breakout BAND/USDT has broken out of the downtrend line and the accumulation zone, signaling a potential bullish reversal. The price has shown good strength over the past 40 days, trading within a range of 0.95 to 1.17. This breakout suggests that buyers are gaining control and that the price could move higher in the coming weeks. The immediate targets are 1.27 and 1.40, with a stop loss below 0.96. However, it is important to note that the cryptocurrency market is volatile and that prices can move quickly in either direction. It is always advisable to do your own research and to trade within your risk tolerance. Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
Long
by ChartsInsights
BAND Token Analysis 10/03/2021we had analyzed this token earlier and capitalized on it. New Update and Positions are taken in this Publication. Fundamentals: Band 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. Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role. BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data. Band Protocol is designed to be faster and more efficient than competing oracle solutions and is also compatible with most blockchain and smart contract development frameworks — ensuring reliable data can be fed to and from multiple different blockchains. To achieve its cross-chain data transfer, Band Protocol plans to leverage Cosmos' still in-development Inter Blockchain Communication (IBC) protocol. It remains unclear how long it will take until the IBC is operational and ready for use. Band Protocol is designed to offer permissionless oracle creation, allowing anybody to start servicing data requests. It also offers extremely simple smart contract integration, allowing developers to begin using data from Band Protocol oracles with just a few lines of code by calling on a predefined interface. Band Protocol was founded in 2017 by Soravis Srinawakoon, Paul Chonpimai and Sorawit Suriyakarn. Soravis Srinawakoon, the current CEO of Band Protocol, is a former software engineer at Ericsson and management consultant at The Boston Consulting Group. Paul Chonpimai, on the other hand, is Band Protocol's CPO, and a former web developer at Turfmapp and engineer at Tripadvisor. Lastly, former software engineer at Dropbox and Quora Sorawit Suriyakarn is Band Protocol's current CTO and a gold medalist competitive programmer. In addition to the founding team, the Band Protocol LinkedIn page currently lists a total of 20 additional employees, most of which are scattered throughout Asia, and include designers, developers and engineers. The platform is also supported by major global investors, including Sequoia Capital, Dunamu & Partners, Spartan Group and Binance. Technical Analysis: as earlier we had 3 Targets and the price as Triggered our 2 TP which is the 161.8% (Extension) Zone of Fibonacci Projection of the initial Impulsive wave after the Accumulation Phase. it means now we have the confirmation of our past 3TP and current 2TP (25.5$,)which is 261.8% of the same Fibonacci Projection. currently we have 3 targets 1TP: 18.5USD 2TP: 25.5USD 3TP: 32.33USD we may have some price correction and Retracements after achieving 2TP, before the price start rallying to the 3TP.
Long
by BitonGroup
20
BAND Protocol. Target for price growth 100+%Soon, the crypto market will enter a period when altcoins will start shooting up so much that it will be very difficult to keep up with buying them all. Consolidation is a long position (either short or long). Given the fact that the downward trend in the crypto market has been going on for almost 2 years, the assumption that a global trend reversal is now taking place is more than realistic. In our opinion, it is worth paying attention to altcoins whose price charts are undergoing prolonged consolidation and are nearing their logical conclusion. For example, a quick analysis of the BANDUSDT chart: 1. The first powerful upward shot of the price was back in November 2022, a month before the entire crypto market started to grow. So there are buyers, they are strong and aggressive. 2. The protracted consolidation has been going on for almost 5 months, at the theoretical bottom of the trend. This means that the realization of such a long accumulation will be upward. 3. The ideal level for buying BAND is $1.50. The safe level for buying BAND is $1.70 (after the consolidation is over) 4. The medium-term resistance level is $3.30, the long-term target, where it would be cool to sell BAND at $7-8.50 How do you analyze projects? What trades are you interested in: short-term trades for 5-10%, medium-term trades for 20-100%, or long-term investments with a 100%+ return? What ideas are more interesting to you: with text or just with arrows where to buy and where to sell? Share your thoughts in the comments _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
46
BAND USDT CHANCE FOR BUYINGThere is a chance for taking a buy position on Band/USDT, Band price has broken the blue trendline, this means the downtrend is weaker right now, the red horizontal line is invalidation point for buying, this means we should cancel buy position if Band price break the break and close beneath the invalidation point, the short term target is target 1, the mid term target is target 2 if Band still on uptrend, we should take this opportunity because the risk is smaller then the reward, if there is a comment or suggestion please comment below, I am open to learn
Long
by ikhsanpraasetyo
BANDUSDT GLOBAL VISION (HUGE RISK/REWARD POTENTIAL)Hello friends. Please support my work by clicking the LIKE button👍 (If you liked).Thank you! Everything on the chart. Entry: market and lower TP: 10 - 15 - 19 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . cancellation of growth, consolidation below 4 Risk/Reward: 1 to 12 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
BANDUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 10 - 15 - 19 after first target reached move ur stop to breakeven stop: under 6.3 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 9 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas!
Long
by trytofeelpositive
4