$Band trading within huge trend channel.Band trading inside a massive trend channel dating back to August 2nd, 2020. Recent exaggerated bullish divergence formed from the 19th of May 2021 to the 22nd of June 2021, followed by a trend reversal from the bottom of the channel. Price following upwards trend line within the channel, keep an eye. Dollar cost average on dips, take profits at targets. Good luck.
BANDUSDT trade ideas
BANDUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are up to 4 hours in the frame. The price is moving in an upward trend. If the price goes out of line, we consider the price correction process. We are in an uptrend as long as the price is inside the trend line. In case of breaking the support, we consider the price fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
BINANCE: BAND/USDT(Broken out + more description)🛒 Pair: BAND/USDT 🛒
== SPOT==
⏰ 1400/04/13 ⏰
🕰 04/07/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#216
🛒 Buy : 6.00 - 6.05 🛒
👉Sell Targets👈
🎯TP1: 6.45 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🚁
🎯TP5: hidden✈️
⛔️ SL: 5.50 by closing H4 Candle below
Breaking out (currently pulling back for S/R test)
Price supported by pivot point and followed market growth. breaking 5.75$ level made this level a reliable support. right now buying pressure is much more than selling and my bias for this coin is up and if Bitcoin keep it's uptrend to POC @37250$ this position will have the chance to get all targets.
Regarding current market direction it will be a safe call unless some shitty news pops out.
An Update For band /USDT Analysis Although it achieved the goals we set in the previous analysis (450% profit), it could not have a better result compared to other oracles, but I still hope for its future.
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame for BAND/USDT, the price is trading around 6.13 $ .
Unlike Chinlink, the band Oracle has not been able to maintain its overall uptrend and appears to be in a consolidation phase with strong support in the $ 4 range and is building a floor. In the uptrend scenario, it will probably start in September or sooner. . And in my opinion, the downturn scenario is more canceled and not lower than the support, but in case of breakof this green area ,it can go down to the demand range.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you like my analysis, give a big thumbs 👍 and drop a comment
SHORT_TERM _SHORT_BATUSDT***SHORT BATUSDT***
1. Timeline : 1H & 4H.
2. Indicator used : FIBONACCI & ICHIMOKU .
3. Forecast : Generally, price is pulling-back after strong downtrend. With this case, we can find and open SHORT entry at strong resistance by using FIBONACCI RETRACEMENT and ICHIMOKU . I used FIBONACCI 618 and KUMO CLOULD for identifying opening entry. I recommendations waiting for price pump to FIBO 618 and open SHORT. Remember to set-up stop-loss for all your entries.
***HOPE THAT MY ANALYSIS IS USEFUL FOR YOU***
***MINERAL SCALE INVESTMENT***
***VIKTORTEA***
Will Band Pump?Band usdt currently on a strong support and is alligned with btc as every other alts out there will pump once rises from the support. Recently made a bull flag as well but due to current btc situation broke down the resistance and came to it's current support and now is retesting that support pretty well.