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BANDUSDT trade ideas

BAND/USDT - Market Update 20.08.22Hello Traders! The price of BAND continues to move in a downward trend, testing the support level of $1.30. On the weekly timeframe, the price remains under the MA100 and under the resistance at $3.11 and $5.63, which indicates the continuation of price formation in the downward direction. Considering medium-term positions would be interesting in the case of a drop. The range for accumulation will be a zone of $0.56-0.77. The targets are the price levels of $3.11 and $5.63 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
by UnknownUnicorn10064030
1
BANDI think the bulls are creating a trap. The downside is very bad in the current situation, but the charts look good. I think the bulls are looking to liquidate. The bulls are waiting for short orders to swallow them to their advantage. They are afraid, on the other hand, the market will have to settle the long contracts in the next two weeks. In this situation, the bears will start to shorten at the same time as the settlement, but the bulls are much richer than the bears. The result is that the bulls will keep the price in the middle range during the settlement of the contracts. It pulls the price down. Bears who see favorable conditions come in. This is where our rich grandfather liquidates contracts in his favor. This scenario could push Bitcoin above 30,000.
Long
by aliamir91baba
1
Band protocol Analysis BAND/USDT Update 📈📉Hello traders, what's going on today ?! Since 14 Feb 2022, that I posted the last analysis for Band protocol ,after testing higher resistance zone it has been declining till now , actually it wasn't able to take resistance zone over , then like as a bull trap massively dropped !(~ 50%💰 (1x)long).) Also today as you see on the weekly timeframe for band/usdt it has been trading in a downtrend channel, after a little consolidation phase around support zone ,the current candle shape shows the power of bulls , so it has the potential to easily reach the higher VG zone , also as we see it already had 2 positive divergences can causes a jump from here , then if it be able to breakout the upper trendline of channel , it can reach the higher R zones and also likewise may see the purple vwap line as a resistance . but I expect a rejection at there , but otherwise if the situation of crypto market for any reason turns red again, it'll loses the current support zone then it may even fall on the lower DEMAND lvls! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
1
BAND may have a little pullback - Cryptoz18Take a short on BAND. It's simple, currently the price is failing to scale, there was a huge amount of short orders at the price value of 1.4 USDT. Currently testing a very small order block with little interest, the 4H trend at play. VWAP has a bearish trend and is constantly being rejected in its average value. Operational data: Entry price: 1.3184 StopLoss 1.3413 (1.74% loss without leverage) Minimum TakeProfit: 1.2846 (Profit of 2.56% without leverage) Remember that this is not an investment recommendation, manage your risk. The operation is based on 15min taking into account the 4H trend.
Short
by Hi244me
2
BANDUSDT🔥 Expected trend breakdownSubscribe to the channel to receive new information about the cryptocurrency market✅ Hello everyone👋 Let's analyze the BAND 4H chart At the moment, an active downtrend continues in the market, it is expected that BTC will show a breakdown of the psychological level of $ 20,000 and drag the altcoin with it. As for the BAND, I think to open a deal in LONG from the support zone of $ 1.110, this will be my zone of interest, against the background of the fall of BTC, I think the price will come to this zone.
Long
by DanilBlinkov