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BANDUSDT

band protocole , the chainlink killer ❇️ What is the Band Protocol? The Band Protocol is a decentralized oracle framework for blockchain dapps. Band Protocol is a cross-chain data oracle network that aggregates and connects real-world data and APIs to smart contracts. Blockchains enable immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is a very, very exciting project with serious potential. This is for one simple reason: oracles are necessary for any sort of useful decentralized application to work. Along with the recent price surge, the number of active addresses in a day reached a new all-time high. On September 1, 1.6 thousand addresses were active, surpassing the previous record established on August 10 of 1.58 thousand addresses. This is indicative of positive network development and may imply that the upside momentum may gain traction in the long run. However, the short-term technical picture is less optimistic. ☑️🔷 If you are Bullish on DeFi you should own BAND (undervalued & new alternative to LINK) 1. If you are bullish on DeFi long term like I am, you should own at least one of the liquid oracle solutions ie LINK or BAND as a way to get broad exposure to DeFi. 2. BAND is emerging as the most credible alternative to LINK. This is illustrated by the partnerships BAND has been able to win despite its short history. This is good for DeFi long term as multiple oracle solutions are needed. 3. With so many DeFi projects in the works, the opportunity set for BAND is much bigger than it was when LINK launched 3 years ago, so BAND should be able to scale more quickly. 4. DeFi is going to be big in Asia for obvious reasons and BAND is one of the few legitimate DeFi projects in Asia. In a short time span, it has built a strong and growing community. 5. Staking of BAND will be enabled shortly as a means to incentivize validators/data providers. This will bring the added benefit of reducing circulating supply near term. 6. With a circulating mkt cap of $20M and a liquid mkt cap of $100M (1.5% and 3% of LINK mkt cap), BAND can go up 5-10x and still not be expensive. 7.BAND is only listed on fewer exchanges than link, . If BAND continues its current trajectory, we can expect additional listings on other major spot exchanges later . It is already supported on binance and Coinbase &..Custody. 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.......
Long
by PRO_SMART_Trader
5
BAND/USDT - a map for the futureBAND/USDT make a crazy run up, incredibly overextended! wow! By the way, volumes suggest that a temporary top could have been made. Hopefully for holders, the rising black vector will resist and keep up the price. In this case, targets are in red at 10.333, and longer term target is 26 dollars, if this coin have a future. Otherwise a good support will be the 4.222 area Talking about time, March 2021 looks a good time to accumulate, and December 2021 a good time to distribute. Good Luck :)
by themaster5
2
BANDUSDT forming bullish BAT | Upto 401% possibilityHi, my friends hope you are well, there is another bullish wave possible by the price action of the BAND protocol token. Formation of bullish BAT pattern: This time on a 12-hour chart the BAND token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be: Potential reversal or buying zone: $4.57 to $2.89 Fibonacci projection or Sell zone: $8.57 to $14.49 Stop Loss: The potential reversal zone area that is up to $2.89 can be used as stop loss in case of complete candlestick opens and closes below this level. Possible profit and loss ratio: As per the above targets, this trade has the profit possibility of 401% and as per the above-mentioned stop loss, the loss possibility is 58% Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
2
Don't miss the great buy opportunity in BANDUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BAND/TetherUS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 15.47 TP2= @ 17.76 TP3= @ 20.46 TP4= @ 27.15 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
Don't miss the great buy opportunity in BANDUSDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (12.68). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BAND/TetherUS is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 15.47 TP2= @ 17.76 TP3= @ 20.46 TP4= @ 27.15 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
BAND SHORT at RESISTANCE$BAND is looking pretty bearish as it hits an area of resistance and might continue it's short term DUMP. We are still away from a possible triangle break and volume has been steadily falling off since the ATH of August 9th I'm counting on BAND bouncing down from resistance and moving towards the previous area of support, with the 200 MA acting as further support for this. Closing and breaking above the trend line will invalide all this of course.
Short
by CryptoEstratega
8
BAND | If This Bull Flag Works Then A Big Rally Can Be TriggeredHi friends, hope you are well and welcome to new update on Band token. In my previous article we have seen that this token has surged more than 9000% after March 2020 up till now. Recently on the 4 hour small time period chart the price action of Band token formed a pennant and finally on 17th of August the priceline has broken down the support of this pennant. The bull flag is still there: If we switch on the daily time period chart then the expected bull flag is still there. The price action is likely to move up from 25 simple moving average. This is very positive gesture because before this the price action has been doing the same before the next bullish rally. For example if we watch the previous bull flag then there was a big distance between the price action and the simple moving averages. Then priceline moved little bit down and 25 simple moving average moved up to provide the support to the priceline of Band token. Finally using the support of this simple moving average the price action started the next bullish rally. Same move is likely to happen this time again. The price action of Band token was at high distance from the simple moving averages then it moved bit down and the 25 simple moving average also moved up and provide the support to the priceline. And now we can expect that the price action can start the next bullish rally from here. Different indicators are turning bullish: If we place the different indicators like MACD, Stochastic and Momentum on the daily chart. Then it can be easily observed that moving average convergence divergence (MCD) was strong bearish but now it has turned weak bearish. The Stochastic has also given bullish signals by giving bull cross, but the momentum indicator is still strong bearish. Once Momentum will be started turning bullish then it will be confirmed that the price action will start the next bullish rally from this bull flag. Formation of new channel: Now if we switch back to the small time period 4 hour chart. Then it can be noticed that after breaking down the support of the pennant the priceline of Band token has formed a new downturn channel. At this time the price action is likely to move to the support of this channel after being rejected by the resistance. Therefore the next few hours are very important, whether the price action will break out the resistance or breakdown the support. So we should keep an eye on the move of Band within this channel for next few hours. Once the price action will be able to breakout the resistance of this down channel then it will be a very strong confirmation for the next bullish rally. Conclusion: Even though the priceline of Band token has broken down the pennant on small-time period chart but we should also take care of stop loss. For that purpose we can use a support of the down channel that has been formed on the small time period 4 hour chart. If that support will be broken down then we can expect a powerful rally to the downside.
Long
by moon333
2