BAND PROTOCOL - BAND/USD
-
USD
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | BANDUSD |
| ISIN: |
BAND PROTOCOL - BAND/USD - 1H - Technical analysis published on 06/18/2023 (GMT)
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- 06/18/2023 - 13:03
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- Timeframe : 1H
- - Analysis generated on 06/18/2023 - 13:03
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.12 USD
My targets
1.21 USD (+4.61%)
1.26 USD (+8.81%)
My analysis
The basic bullish trend is very strong on BAND PROTOCOL - BAND/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.12 USD. Crossing the first resistance at 1.21 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.26 USD as an objective. Crossing it would then enable buyers to target 1.48 USD. Caution, a return to below 1.12 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BAND PROTOCOL - BAND/USD rating 1.16 USD. The price registered an increase of +7.82% on the session and was between 1.06 USD and 1.16 USD. This implies that the price is at +9.45% from its lowest and at -0.17% from its highest.1.06
1.16
1.16
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of BAND PROTOCOL - BAND/USD in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
White line without lower shadow
Type : Bullish
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.02 | 1.07 | 1.12 | 1.16 | 1.26 | 1.48 | 1.84 |
| Change (%) | -11.92% | -7.60% | -3.28% | - | +8.81% | +27.81% | +58.89% |
| Change | -0.14 | -0.09 | -0.04 | - | +0.10 | +0.32 | +0.68 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.00 | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 | 1.15 |
| Camarilla | 1.06 | 1.06 | 1.07 | 1.07 | 1.08 | 1.08 | 1.09 |
| Woodie | 1.00 | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 | 1.15 |
| Fibonacci | 1.03 | 1.05 | 1.06 | 1.08 | 1.10 | 1.11 | 1.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.82 | 0.89 | 0.98 | 1.05 | 1.14 | 1.21 | 1.30 |
| Camarilla | 1.03 | 1.04 | 1.06 | 1.07 | 1.09 | 1.10 | 1.12 |
| Woodie | 0.83 | 0.90 | 0.99 | 1.06 | 1.15 | 1.22 | 1.31 |
| Fibonacci | 0.89 | 0.95 | 0.99 | 1.05 | 1.11 | 1.15 | 1.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.86 | 1.11 | 1.24 | 1.49 | 1.62 | 1.87 | 2.00 |
| Camarilla | 1.28 | 1.31 | 1.35 | 1.38 | 1.41 | 1.45 | 1.48 |
| Woodie | 0.81 | 1.08 | 1.19 | 1.46 | 1.57 | 1.84 | 1.95 |
| Fibonacci | 1.11 | 1.25 | 1.34 | 1.49 | 1.63 | 1.72 | 1.87 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 75.71 | |
| MACD (12,26,9): | 0.0056 | |
| Directional Movement: | 38.32 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.06 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 1.08 | |
| Zig ZAG (10): | 1.13 | |
| VORTEX (21): | 1.2159 | |
| Stochastique (14,3,5): | 95.66 | |
| TEMA (21): | 1.09 | |
| Williams %R (14): | -2.82 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 4.9203 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0145 | |
| Courbe Coppock: | 4.80 |
| MA7: | 1.06 | |
| MA20: | 1.21 | |
| MA50: | 1.40 | |
| MA100: | 1.59 | |
| MAexp7: | 1.10 | |
| MAexp20: | 1.08 | |
| MAexp50: | 1.07 | |
| MAexp100: | 1.07 | |
| Price / MA7: | +9.72% | |
| Price / MA20: | -4.53% | |
| Price / MA50: | -17.05% | |
| Price / MA100: | -27.30% | |
| Price / MAexp7: | +5.10% | |
| Price / MAexp20: | +7.04% | |
| Price / MAexp50: | +7.78% | |
| Price / MAexp100: | +8.44% |
Quotes :
06/18/2023 - 13:02
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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