BANDUSDT (1H) - Bearish breakoutHi Traders
BANDUSDT (1H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 1.016 support level. Only the upward break of 1.054 would cancel the bearish scenario.
Trade details
Entry: 1.016
Stop loss: 1.054
Take profit 1: 0.992
Take profit 2: 0.954
Score: 7
Strategy: Bearish breakout
BANDUSDT trade ideas
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.
BAND Is Ready To Play The Bands
Short Fundamental
Band Protocol is a decentralized oracle network that provides reliable and secure data feeds to smart contracts.
It is a Layer 2 solution that can be used on any blockchain platform.
Band Protocol uses a variety of data providers to ensure that its data feeds are accurate and reliable.
Band Protocol is used by a variety of projects, including DeFi protocols, NFTs, and gaming platforms.
Recent News
Band Protocol recently announced a partnership with Google Cloud to provide data feeds to Google Cloud Platform customers.
Band Protocol also recently announced a partnership with Chainlink to provide data feeds to Chainlink's network of oracles.
Band Protocol is currently developing a new version of its protocol, which will include a number of new features, such as support for multiple blockchains and a new incentive system.
Crypto Disclaimer
Cryptocurrency is a highly volatile asset class.
Cryptocurrency investments are risky and can result in significant losses.
Do your own research before investing in any cryptocurrency.
BAND ANALYSIS (1D TF)It seems that we are inside branch C of a bigger pattern.
We are looking for a buy/long position on the green box.
Consolidation of 2 daily candles below the green box will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BANDUSDT wants the breakout?In the context of the BANDUSDT trading pair, an intriguing pattern has materialized in the form of a significant falling wedge. This wedge pattern is characterized by a series of lower highs and lower lows, but with the price movement gradually converging over time. This can often be indicative of a potential reversal in the prevailing downtrend.
As the price is positioned below the $1.150 level, the falling wedge pattern holds particular significance. A breakout from this pattern can suggest a shift in market sentiment and the possibility of a bullish trend emerging.
Following Plancton's trading rules, a new long position might be considered if the price manages to confirm a breakout from the falling wedge. This entails waiting for a sustained move above the upper resistance trendline of the wedge pattern.
To align with Plancton's approach, traders should consider the following steps:
Confirmation: Ensure that the breakout is confirmed by observing sustained price movement above the upper resistance trendline of the falling wedge. Confirmatory signals can also include increased volume accompanying the breakout.
Technical Indicators: Utilize relevant technical indicators, such as oscillators, moving averages, and trend confirmation tools, to assess the strength of the potential breakout.
Risk Management: Implement effective risk management strategies, including setting stop-loss levels and determining appropriate position sizes. This helps manage potential losses in case the market movement doesn't unfold as expected.
Market Context: Consider the broader market context, news developments, and any factors that might impact the price of BANDUSDt.
Patience: Exercise patience and wait for a clear and confirmed breakout before initiating a long trade. False breakouts can lead to losses, so cautious execution is important.
The falling wedge pattern and the potential breakout above $1.150 in the BANDUSDT trading pair align with Plancton's trading rules for a new long position. However, thorough analysis, disciplined execution, and risk management are crucial components of making informed trading decisions within this context.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Need to check if it is supported around 1.111Hello?
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(BANDUSDT chart)
To continue a full-fledged uptrend, the price needs to stay above 1.447-1.511.
In order to do so, it is important to be able to receive support around 1.111.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Finally Band Preparing For Massive bullish Rally Seems Like Band Getting Ready For Massive Breakout And Incase Of Successful Breakout Expecting Massive recovery
Formed And Trying To Clear Descending Channel In H12 Tf Incase Of Breakout expecting 135 to 145% bullish Rally Keep Eyes On Band for Breakout
#BANDUSDT #LQR #TOBTC #LaqiraProtocolThe price is below the dynamic resistance. IF
breakdown and consolidation . you can open a position Weekly support is specified on the chart. After confirmation and matching with Bitcoin levels. you can open a position This analysis is not an offer to buy or sell
Good looking Bandusdt LongPrice have created a new low on daily TF that’s why i am jumping into it cz it have ability to pump to 2 at least.
also if we look into BandBtC pair it is on breakdown point and looks like rejected.
Currently having low leverged entry from 1.15-1.17.
Will add more on Retesting 1.21(if happens)
Will add more on retesting 1.29(if happens).
Targeting Tps 1.6 and 2.
Cutting on holding below 1.12.
the area below is untested but i think we don’t have to test that.
Note: Not a FinancialAdvice
$BAND attempting to reclaim the 7 ema on the daily which is a short term indicator of trend or rather first hurdle to reclaim before a sustained move
reclaim white line then we should attemtpt a break of the downtrend along with the daily stoch cross helping it
all we need is some volume
given that link has negative funding and it usually leads the way for the oracles this stands a good chance as well imho
BAND BUY/SHORT 1h,4h
For this currency, it is possible to consider both long and short positions. To take a long position, you can enter the market at the two-step average price of 1.2765. And if the target is fully achieved, you can consider a short position within the red box.
Wishing you high profits.
BAND LOOKS BULLISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the IBAND symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You