THELOGICALINDIAN - Band Protocol BAND a Chainlink Competitor Just Formed a Sell Signal
Band is advancing for a able alteration afterwards ambulatory dozens of percent back the lows about two weeks ago.
According to a Telegram approach tracking signals pertaining to the Tom Demark Sequential, BAND is in a bad spot. The cryptocurrency has formed a “sell 9” candle on its circadian blueprint adjoin BTC and the U.S. dollar per the channel.
Such signals are best generally apparent afore an asset sees a changeabout in its advancing trend; in the case of BAND, that would acceptable beggarly a pause/consolidation or a move to the downside.
Fundamentals Remain Bullish for the Coin
The fundamentals of Band abide bullish admitting the contempo amount weakness and the advertise signals. The aggregation abaft the cryptocurrency activity afresh appear that it has partnered with the Tron Foundation to accompany its technology to the TRON ecosystem:
Announced in the Medium column accompanying the tweet, the two groups will be accommodating on acceptance TRON dApps to admission Band answer data.
Some in the amplitude see this as a validation of the cryptocurrency, with this acutely actuality its best notable affiliation to date:
Band has additionally appear a alternation of added partnerships that are acceptable to bolster acceptance of the bread and its technologies affective forward. Yet the TRON advertisement seems to be the best notable to date.
