BAL
Balancer (BAL) Buy ZoneBalancer (BAL) Buy Zone
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BIAS
Long-Term : Bullish
Risk : Medium
For the first time in week our mid-term outlook on the market has become neutral. This has been due to our current drop from our $75 All Time High down to $11 which we're currently ranging with decent long-term support.
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$BAL/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 10.7 - 11.05
TP 1 : 11.25
TP 2 : 11.55
TP 3 : 11.9
TP 4 : 12.2
TP 5 : 12.55
TP 6 : 12.95
TP 7 : 13.25
TP 8 : 13.5
Stop Loss : 10.3
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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🆓Balancer (BAL) Mar-24 #BAL $BAL
BAL has conquered the $12 zone and is continuing to move towards the $15 zone. It completely broke through the MA200 to move up to the $20 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 12.5$ zone
🔴Buy : 12.5
🔴Sell : 15 - 17.5 - 20
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 12.5$ zone
🔵Sell : 12.5
🔵Buy : 11 - 9
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
BALBalancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.
To learn more about this project, check out our deep dive of (coinmarketcap.com
Token BAL has broken its two-month downtrend lineEducational Tip ** Strategy of breaking the downtrend line and pullback to it **
Token bal has broken its two-month downtrend line and now we are witnessing a very beautiful pullback!
The lines of support and resistance ahead have been identified.
If the market trend is still good, the set goals will not be far from the mind.
First Support: $ 16.73
Target 1: up to 12%
Second target: up to 23%
Good luck profitable.
🔥 BAL Break Out Or Reversal: Huge PotentialSince BAL hit its all-time high value in May '21, this token has mainly been trading bearish.
However, BAL seems to be on a run lately, being one of the top performers of the last week or so. This massive bullish move has brought BAl to a huge resistance, the resistance from the ATH to the last local top.
In case of a bullish break out, I'm expecting a lot of volume pouring in. Targets are placed at recent local tops. However, it's also very possible that we're going to see a rejection of the resistance. I doubt whether we're going to move towards the support, but a couple of red days might be needed before we got the strength to push through the resistance.
Happy trading!
BAL try to break out, potential to increase 400%#BAL/USDT
$BAL going to break out from long term descending resistance.
close a daily candle above this descending resistance will confirm the uptrend move.
after a pullback to descending support, price can head up to break out falling wedge pattern and increase to resistance zone, in long term price have potential to touch $59 and even $100
🆓Balancer (BAL) Dec-14 #BAL $BAL
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 12$ zone
🔴Buy : 13 - 12
🔴Sell : 16 - 19 - 23 - 28
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 12$ zone
🔵Sell : 12
🔵Buy : 10.5 - 9
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
BALANCER TO $120.00+!Balancer appears to be finishing its correction and is due for an explosive breakout within the next 120 days.
Balancer has been forming a long-term support line since July 2020, which has been tested and confirmed seven different times. Over the past week, Balancer has successfully retested the long-term support line and is now forming a descending triangle formation with a contracting range. Although the Relative Strength Index (RSI) is still low at 40, RSI has been rising over the past week. Further, the Awesome Oscillator has begun to show green candles which indicate a reversal trend in the near future.
Balancer has recently confirmed partnerships with Fei DAO and Beethoven-X to further integrate its Balancer V2 Liquidity Pools onto other networks, and we should expect a large inflow of capital into its liquidity pools in the near future.
Within the next 120 days, I expect Balancer to approach the 1.618 Trend Fib Extension at $126.00. Once Balancer reaches this target price, I will make another post to update my price prediction.
Bal look like to have good setupHi,
Here on the 1H time frame, I'll wait the price to come down to this trend line, to make a buy.
This zone correspond to the 0.618 retracement fib level and I like the confluence there.
On a lower time frame (15 minutes), I this that the price can go back up to the 0.5 fib retracement level. I'll try to open a short from here to my buy zone on the 1H.
But my main goal is to buy at around : 20.860 - 20.534, for a target at ~23.000
BAL $40 INCOMING? BALANCE has been in a downtrend since so so long and with the recent market and bitcoin stability Bal is recovering and reaching a very strong breakout point.
With all the indicators turning bullish and with the bullish harmonics on daily TF I am expecting BAL to break this resistance.
Once this resistance is broken and flipped we'll see BAL flying with a possible target or $40!
Everything is in the favor of bulls if we can hold the last low we're reaching there :-)
Current Market Price: $21.8
Thank you, make sure to give a like!
BAL/BTC offers opportunity to make some BitcoinAlong with IOTA, BAL seems to be one of the best coins to outperform Bitcoin in the short term. Now is the time...
BALUSDT Technical Analysis⏳ Spot
💎 BALUSDT has got rejected from the support zone. It has also formed a triangle. The price is moving towards the upper band of the triangle, if it breaks above it it will go higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 22.50
☕️ TP1 24.24
🍺 TP2 27.27
🍻 TP3 30.00
🍾 TP4 34.34
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 21.21
Good Luck 🎲
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Longing BAL in the Near Future. BALAn upward zigzag on the Bloomberg Cotton Futures is at hand. Or so we believe. And if so, we might be just finishing wave B. If all is correct, we are being set up for a nice impulse that ought to extend beyond the max of Wave A locally. Fractals are at work.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!