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!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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BANDUSDT.P trade ideas
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.
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.
BANDUSDT | IN A FIXAfter a Double bottom formation the uptrend started, and now reached the critical resistance level. If manages to close above 1.65 the we can take long position with the said targets highly likely to attain. However if bears show the dominance then stay on short positions.
Risk the trade accordingly.
BANDUSDT🔥Hello traders 👋
Let's break down the BAND chart.
After a strong trend move down, the price of BAND went into the consolidation zone, thereby creating a side channel. What do I think about this, the price has approached the test of the middle of the channel and when it breaks through, the asset will fly to the lower border.
Sample deal plan:
💡Entry $1.395$
🔝Take profit 1.212$
✖️Stop-loss $1.536
✅ Do not forget to visit the channel, there is a lot of useful information about trading.
✅Write in the comments what you think about this coin.
Band ready to hit 1$ soonAs you can see BAND just printed a bearish flag in a 4h time frame chart.
Taking in to account the current market situation i think that we can expect a retest of the lower trend line of the flag.
That is too a retest of the 55 4h exponential moving average and the retest of a strong broken support.
I will open a short position at 1.428$ with stop loss at 1.56$ and targets 1.01$, 0.76$ and 0.57$.
I will be glad to see what do you think in the comments and if you agree with me don't forget to give me a like, it helps a lot.
Band - TIme to go down babyReasons to take short
⭐️ BTC bearish trend
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ Slowly squeezing down
⭐️ 5th touch
⭐️ False breakdown
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Arty Indicator Long On BAND/USDTPractice they say makes perfect, I have got a very useful indicator called the "Arty" and I have used it
several months now with backtesting...
I have recently used this on band pair USDT ( Futures) as well, the clouds indicated showed clear exit and
entry points.
For this ART's Long and Short Entry together with the targets have been showed on the chart...
Enjoy..