Trade Signal for BANDBTC: Sell OpportunityDear Traders,
We have identified a sell opportunity for the BANDBTC pair based on the analysis using the EASY Quantum Ai strategy. Below are the details of the trade:
Direction: Sell
Enter Price: 1.974E-05
Take Profit: 1.94E-05
Stop Loss: 2.011E-05
Our analysis suggests a downward trend for the following reasons:
1. Overbought Conditions: The market signals have shown that BANDBTC is currently overbought, which often precedes a price correction or downward movement.
2. Resistance Level: The pair has approached a significant resistance level. Historically, such levels have led to a pullback.
3. Volume Patterns: Recent volume patterns indicate a lack of buying interest, reinforcing the sell perspective.
4. MACD Divergence: A divergence in the MACD indicator suggests weakening momentum, potentially leading to a price drop.
Kindly ensure that you manage your risk appropriately, keeping the stop loss and take profit levels in mind. This forecast is based on the probability models generated by the EASY Quantum Ai strategy.
Happy trading!
BANDBTC trade ideas
Band Protocol Super Early Bottom Signals (340% Potential Mapped)Some pairs are already moving, strongly, while others are yet to move. I always prefer the ones that are near support, before the action, because it is much better to be in early rather than late. We also have less risk and a higher potential for reward.
Not all trades hit. Some will move down and fail. We do not use stop-loss, in the sense of placing an order on the exchanges because this can be counterproductive, but we do use a manual stop-loss but focused on the long-term. If a pair doesn't move for a long while and moves below support, market conditions change, or it no longer looks good, we can let it go. But if the pair remains sideways for long, this might even strengthen the bullish potential; patience is key.
We are looking at Band Protocol vs Bitcoin (BANDBTC). It is early here because we have no strong reversal signals, yet.
A major low was hit in July 2024 and no new lows. This last low, the ATL, came in with very low volume, telling us that the bearish trend is losing strength. Both the daily MACD and RSI are on the bullish zone, and this while the pair trades very low. Low prices with strong oscillators can be an early reversal signal.
There is a very strong, long-term bullish divergence with both, the MACD and RSI on the weekly timeframe, since June 2023. This signal predicts an upcoming change of trend.
I hope you find this information useful.
Thank you for reading.
Another bottom.
Namaste.
Band Protocol Long-Term Support Holds (380% Bullish Wave Mapped)Since June 2023 we have at least 9 attempts by the bears to break support, failing every single time—this is the yellow space on the chart.
As the current session has a long lower wick, this means that BANDBTC manages to close above support once more and at the same time produces a higher low.
While still trading below EMA10 (which is bearish), the fact that support holds is good for the bulls.
This is an early signal.
We are looking at bottom pricing, potentially.
Huge potential for growth long-term.
Easy and big as well in the short- to mid-term.
Targets can be found on the chart.
Thank you for reading.
Namaste.
✳️ Band Protocol 120% Rise MappedBand Protocol (BANDBTC) is preparing to print a very nice, and potentially profitable, bullish wave.
I say this based on the fact that a strong support level has been established.
BANDBTC hit a low 10-June. This low has been tested multiple times and continues to hold.
After 6 months consolidating between 3300 and 3900 sats, it is ready to move forward.
The details can be easily spotted on the chart.
➖ A recent falling wedge;
➖ A challenge of EMA300;
➖ A final retest of support...
Yesterday's candle is only the beginning, this pair is preparing for strong bullish growth.
Namaste.
BandBtc buy opportunityBandbtc is currently showcasing a falling wedge formation on the chart, with the price rebounding consistently from the bottom trendline. Considering the wedge's contraction, the setup suggests an imminent price breakout.
The immediate level to monitor is the internal supply zone (ISZ), anticipated to act as robust resistance. However, post-breakout, the price is expected to exhibit significant strength, potentially allowing it to breach the ISZ after initial testing.
The chart indicates a strong accumulation zone, presenting an opportune area for buyers to accumulate positions. To manage risk, it's advisable to implement stop-loss orders in case of unexpected price movements.
It's an essential risk management tool to protect against adverse market movements. Don't forget to hit the 'like' button if you find this analysis helpful.
Your feedback and comments are appreciated. Thank you.
Band Protocol (BAND) - Bullish divergenceOn the above 2-day chart price action has corrected 90% since the sell signal back in July 2020 following a massive 5500% from the buy signal in January 2020. A number of reasons now exist to be bullish, including:
1) Really? You don’t see it?!
2) Price action has corrected to the 0.786 Fibonacci level, which is also support on past resistance. Look left.
3) Regular bullish divergence. Multiple oscillators are currently printing bullish divergence with price action. It is clearer to see on the 1-day USD chart below.
4) On 'what if' list.
Is it possible price action falls further? For sure.
Is it probable? Very unlikely.
Ww
1-day USD chart bullish divergence
Type: trade
Risk: <=6% of portfolio
Timeframe: 3 to 6 months
Return: 20x
BandBtc with 50x potentialsSpotted Bullish Pennant with strong bullish divergence.
Make sure to follow the suggested BUY zone on the chart and always respect the given stop level.
I would appreciate your support by dropping your likes on my posts and follow us for more important market updates.
Thank you
One breakout please, BANDBTC?BANDBTC has been in a downward trend for more than a year. On the daily this looks like a huge bull flag and there were already a couple of attempts to breakout to the upside in the recent weeks.
It is a good time to watch BANDBTC in my opinion: If it holds above ~1040 we may see a big push to the upside with a lot of potential (~61x).
The volume has been declining and is quite thin since a couple of month. So basically waiting for that breakout with respective volume as confirmation.
The targets are on the chart. I would set the stop loss to <= 950.
Band Long- Elliot Waves and Charts PatternsIn the bigger picture, we can see a perfect Elliot waves count, we have a perfect (i-v) impulse, after that we have an a-b-c correction, that seems to be ending.
With this correction, the price made a massive descending wedge, it did not play that well, but the break down could be a false one. Moreover, a few months ago it started formed an descending channel the could be the key of an upside break and the starting of the third (III) wave.
The target of third wave is in the green box, of course this is in long term.
In the short term this could play very bad, with btc being so unstable, we could have a bigger drop, but in the long term this setup is bull quite bull.
If you are not familiar with Band protocol: "Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts". This is basically the fuel of smart contracts.
$BAND/BTC 3D (Binance Spot) Big falling wedge near breakout Band Protocol is starting to show some reversal signs, next impulse should be enough to regain 50MA support!
Current Price= 0.0001362
Buy Entry= 0.0001368 - 0.0001164
Take Profit= 0.0002209 | 0.0003189 | 0.0004976
Stop Loss= 0.0000889
Risk/Reward= 1:2.5 | 1:5.1 | 1:9.84
Expected Profit= +74.49% | +151.90% | +293.05%
Possible Loss= -29.78%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 8 months
Website: bandprotocol.com
BAND vs Bitcoin Chart Analysis (BANDBTC #5)BANDBTC is showing some recent bullish action but with really weak volume... There is hope.
If we look at the last four candles, they are all green but the volume is not very convincing... It feels weak.
This is a short-term analysis as we are only looking from June forward.
BANDBTC is trading near All-Time Lows, in fact, the lowest ever was a long-wick back in January so this is ATL based on candle close.
All-Time Lows are really good for our trading style.
Setting up a trade at these levels can result in very low risk and high potential rewards.
That is, a tight stop-loss (around 0.00001243 in this case) paired with high targets...
But how you trade is up to you, we use manual stop-loss just so you know.
The MACD is showing a bullish cross while the histogram is green but it sits below zero, still.
The RSI is also trending higher but not yet in the bullish zone.
It would be perfect to see the RSI above 50, the MACD above zero, and BANDBTC above EMA50 or 0.00001592.
This is would give us very strong signals but there is still hope.
We have a strong bullish divergence with the MACD.
This isn't enough to consider this pair bullish but looking at the other altcoins, taking the whole market into consideration, then this one also can turn into a win.
Namaste.