BANDPERP trade ideas
Strong resistance expected at THIS level & support to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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What could this BIG move mean & next resistance levels to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Next levels of support and possible signs of reversal to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Quick Band Analysis on the 12HHere is as simple interpretation of Bands current state and what I am watching for before I take a position.
As you can see Band has previously respected descending trendlines pretty well. Currently it stuck behind one and needs to brake out in order to reverse its current downtrend. But now you can see its not only stuck behind a descending trendline but also has fallen through a pretty important support around the $5 mark which is now resistance.
If Band manages to break out of the descending trendline it will also has to overcome what is now the $5 resistance before I take a long position.
If Band breaks out of the descending trendline I will consider it a bearish retest until it has reclaimed the $5 support line.
I have drawn a couple examples of that above.
Sorry I did not set any price predications either way just sharing my perspective.
NEXT levels of support to look for if price keeps falling*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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BANDUSD bounceAltcoin markets look super bearish at the moment, but I think BAND is closing in on very strong support in both price action and the 200 DMA. If it doesn't bounce here, there's a long way down. My long targets are roughly between $9 and $12 before the end of the year, but it's not going to be easy to get there. If it drops below $4, I wouldn't even think about buying until it closes at or below $2. Let's see what happens.
Key support level to watch out for can we stay above it?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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More bullish confirmation - can it reach this measured target?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Band Protocol 2 Week Forecast (Oct 22th - Nov 3rd 2020)Band Protocol (BAND) / $USD - (October 22 through November 3rd 2020)
Low: $5.38
High: $8.12
Simple forecast here, not much for long term. Could definitely extend beyond my ceiling but we'll see when!
Thanks for tuning in :) Disclaimer, I am not responsible for any losses incurred while attempting to use my data, I hope this can prove to be some sort of learning tool for some and give insight as to how I personally come up with my own numbers. Take into full consideration this could be a completely bad forecast. Cheers
Bullish signals apparent - will it break out soon?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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BAND TIME TO REGAIN STRENGTH? BAND Showed A Lot Of Weakness In Comparison To It's Rival (ChainLink)
We Are Reaching A Point Of BreakOut Which Could Result To $9 - $10
--> Rejection Will Lead To A Lower Low ($4)
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Are we in reversal for more upward price action?*DISCLAIMER: These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
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BANDUSD - GOOD TO GO!BAND is looking HOT. Massive FIB bounce, broken descending wedge, and a massive change in market sentiment.
Three great ingredients for a new pump IMO. :)
Bullish signs apparent - could this be the bottom for now?The current situation:
1. Price action is currently being supported by the 3D 50 and weekly 21MA with some signs of bullishness in their current or previous candle pattern with a hammer.
2. Seller volume has been decreasing with lower price action and can be more clearly seen on the weekly chart up to this week's candle, which could potentially turn green as it is a hammer right now.
3. There 4X bullish divergence on the 12HR chart and 2x bullish divergence on the 3D chart. IF this plays out, it can be a catalyst for a significant move up.
The bullish case: price action gets a solid close above the daily 21MA, which is currently sitting at about 6.3 USD. This can make a more convincing case for a reversal as the price action has not closed above this MA since the selloff back in September.
The bearish case: price action closes below the 3D 50MA and weekly 21MA signaling lower price action. That can be a bad sign as the price action previously broke down from a double-top pattern, with the neckline at about 10 USD and the measured target of that breakdown is about 2.4 USD.
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*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
