BAND PROTOCOL - BAND/USD
BAND PROTOCOL - BAND/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BANDUSD
ISIN:

BAND PROTOCOL - BAND/USD - Daily - Technical analysis published on 12/29/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1.46 USD
My targets
1.23 USD (-12.14%)
1.06 USD (-24.29%)
My analysis
BAND PROTOCOL - BAND/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.46 USD. The next support located at 1.23 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.06 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5

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:
15 min. 1H Weekly

Additional analysis

Quotes

The BAND PROTOCOL - BAND/USD price is 1.40 USD. The price has increased by +3.70% since the last closing and was traded between 1.33 USD and 1.40 USD over the period. The price is currently at +5.26% from its lowest and 0% from its highest.

1.33
1.40
1.40

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Daily chart of BAND PROTOCOL - BAND/USD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 3 are neutral and 11 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.06 1.23 1.39 1.40 1.66 1.88 2.18
Change (%) -24.29% -12.14% -0.71% - +18.57% +34.29% +55.71%
Change -0.34 -0.17 -0.01 - +0.26 +0.48 +0.78
Level Major Intermediate Intermediate - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.201.271.311.381.421.491.53
Camarilla1.321.331.341.351.361.371.38
Woodie1.191.261.301.371.411.481.52
Fibonacci1.271.311.341.381.421.451.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.201.371.461.631.721.891.98
Camarilla1.481.501.531.551.571.601.62
Woodie1.161.351.421.611.681.871.94
Fibonacci1.371.471.531.631.731.791.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.090.671.312.072.713.474.11
Camarilla1.571.691.821.952.082.212.34
Woodie-0.150.641.252.042.653.444.05
Fibonacci0.671.211.542.072.612.943.47

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 32.56
MACD (12,26,9): -0.1100
Directional Movement: -9.57
AROON (14): -85.72
DEMA (21): 1.56
Parabolic SAR (0,02-0,02-0,2): 2.18
Elder Ray (13): -0.14
Super Trend (3,10): 1.82
Zig ZAG (10): 1.47
VORTEX (21): 0.7800
Stochastique (14,3,5): 3.45
TEMA (21): 1.45
Williams %R (14): -97.47
Chande Momentum Oscillator (20): -0.43
Repulse (5,40,3): -5.6500
ROCnROLL: 2
TRIX (15,9): -0.6300
Courbe Coppock: 41.69
MA7: 1.54
MA20: 1.76
MA50: 1.87
MA100: 1.58
MAexp7: 1.55
MAexp20: 1.69
MAexp50: 1.75
MAexp100: 1.69
Price / MA7: -9.09%
Price / MA20: -20.45%
Price / MA50: -25.13%
Price / MA100: -11.39%
Price / MAexp7: -9.68%
Price / MAexp20: -17.16%
Price / MAexp50: -20.00%
Price / MAexp100: -17.16%

Quotes : - Real time data - 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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