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Balancer

BAL/USDT Trading ScenarioAfter reaching a local maximum in 2024 at a price of $6.192, the asset has since declined, hitting a low of $1.544, a drop of over 94%. Currently, the asset is trading near this minimum price. The volume profile in this price range indicates strong interest from market participants for accumulation. Given this interest and the current market dynamics, there is a likelihood of continued short-term decline, which could trigger additional liquidation of weak positions and create more favorable conditions for further accumulation. This may lay the groundwork for recovery and potential growth of the asset as the market stabilizes and investor sentiment shifts.
by Rick_SimpleSwap
Has #BAL Hit Bottom, or Is There More Downside Ahead? Watch OutYello, Paradisers! Are you ready for what could be a huge move on #BAL? Let's discuss the latest analysis of #Balancer to see what's happening: 💎#BALUSDT is currently showing strong signs of a bullish continuation, holding steady at the critical support level around $1.76. We’ve been closely tracking Balancer’s journey within a Descending Broadening Wedge pattern, and now it's making a move to break through that descending resistance line. 💎Volume has been solid for a while now, and just two months ago, GETTEX:BAL made its all-time low. You know the saying, "Once we hit the bottom, the only place left to go is up!" sounds completely true in this scenario. 💎If GETTEX:BAL maintains its strength at this level, we could be on the brink of a significant rally, following past bullish trends. A breakout above the $2.57-$3.07 resistance zone could pave the way for higher targets and potentially new highs. 💎However, If momentum fades around this critical support, a pullback to the lower demand area near $1.533 could be on the cards. A daily close below this demand area would invalidate our bullish outlook and could signal further downside ahead. Stay vigilant, Paradisers, and closely monitor #BAL's price action. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
4
BAL/USDT Breakout Alert | 👀 Things are About to Get Interesting💎Paradisers, focus on #BALUSDT as it teeters on a pivotal moment. Positioned at a key support level, #Balancer is priming for a potential bullish surge. 💎After meeting resistance at $4.43, BAL now tests the waters at the crucial support of $3.45. Holding above this level could propel a bullish continuation, buoyed by BAL's solid performance above the EMA—an indicator of possible upward momentum from this juncture. 💎If BAL falters at $3.45, we might need to pivot our approach. A decline below this mark prompts us to look toward a robust bounce from the deeper demand zone at $2.92. 💎A break beneath this secondary support could signal a bearish downturn, pressing us to reassess and adapt swiftly. 💎Paradisers, keep your strategies flexible and your senses sharp. Your ParadiseTeam remains vigilant, providing strategic insights to navigate the shifts and swells of the #BAL market effectively.
Long
by MyCryptoParadise_Simon
4
BAL/USDT Get ready to seize an excellent LONG trading chance!BINANCE:BALUSDT The recent breach of a major trendline on the weekly chart for BAL/USDT signals an enticing long trading opportunity. With the price now situated above this level, prospects are bright for a potential target range of USD $60 to $70. #BAL/USDT SPOT LONG ENTRY Leverage: 3x Entries: $5.855 Take profit 1: $7.351 Take profit 2: $17.000 Take profit 3: $72.297 Stop Loss: $3.180 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! Thanks The sroced.
Long
by srocedtrading
BAL/USDT Preparing for a Bull Journey? 👀🚀 BAL Analysis💎 Paradisers, direct your focus to BALUSDT, as it showcases a compelling market behavior. This asset is hinting at a possible bullish progression from a crucial support level. 💎 Recently, Balancer encountered resistance at the $4.43 level. Presently, if BAL can sustain its position at the important support level of $3.65, we may witness a bullish trend continuation from here. This optimistic view is further supported by BAL's robust performance above the EMA, suggesting a continued upward trajectory from the support. 💎 Conversely, if BAL struggles to maintain its ground at the $3.65 support, a shift in strategy might be required. 💎In this alternate situation, we could prepare for a bearish movement starting from a lower demand zone at $3.65. Notably, if BAL breaks below this level, it could be indicative of an emerging downward trend. 💎 Stay alert and ready, Paradisers. Your ParadiseTeam is here to equip you with the necessary insights for navigating these market scenarios, ensuring your trading decisions are well-informed and strategically sound.
Long
by MyCryptoParadise_Simon
3
BAL/USDT upward momentum? 👀 🚀 BAL Today Analysis💎 Paradisers, turn your focus to BALUSDT! We've observed it showcasing a promising opportunity, having recently retested channel support and now gearing up for a bullish ascent. 💎 A brief look back shows that #Balancer broke through the channel resistance, setting itself on a bullish path. Interestingly, before this move, it had a brief fakeout, crossing the same channel resistance. Currently nestled in a demand zone, we're hopeful that a retest of a formidable resistance is on the horizon. 💎 On the flip side, there's another scenario to consider. If it adheres to its trend trajectory and breaks below both the trend line and the demand zone, there's a strong chance it could descend to retest the support level. 💎 If you are contemplating trading, employ proper stop loss and trade judiciously. Keep your strategies sharp and stay ahead in the game!
Long
by MyCryptoParadise_Simon
BAL | Balancer | Testing final support before bigger dropBAL | Balancer | Testing final support before bigger drop Looking shakey after being rejected from the 20 D.EMA and showing a significant bearish divergence | Bearish Signal | Rejected from the 20 D.EMA | Lost local support and rejected | Watch out for PPI Data Drop | Lost Trendline support and rejected | Significant Bearish Divergence | Lost Trendline support and rejected | Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost |
Short
by Kryptochristian
BALUSD - 35% Up o r 35% Down at Pinch Point!Hey guys, have you checked Balancer recently? It's reaching the very end of a pretty symmetrical triangle formation and this generally means something dramatic is about to happen! BAL has tried to push the upper trend line acting as resistance once before and got denied, we're now at a critical point once again with the price hitting the same trend line - will it bust through this time and reach profits of 30-40%? Or will it bounce off resistance and stay within the symmetrical triangle for a short while? Or will it be declined by the upper trend line, travel through the current consolidation zone and out the back end of the triangle all the way down to previous levels of support at 30-40% below the current price? What do you guys think? If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:BALUSD
by theCrypster
BALETH - A Clear Buy with 15 - 30% Gains!Hey guys, We've got a pretty clear Long signal from Balancer right now, you can see a rebound off an strong ascending support trend line, combined with passing above a critical level where the price has pivoted and consolidated at before, combined with a strong Buy signal from Crypto Tipster v2. We'd expect between 15-30% gains on this in the coming days and weeks. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
BLong
by theCrypster
6
BAL/USDT 1D. Balancer. Interesant moneten.Baal was a title and honorific meaning "owner", "lord" in the Northwest Semitic languages spoken in the Levant during antiquity. From its use among people, it came to be applied to gods. Definition from Wiki. Interesting coin, named after a god. Pay attention to the volume coming in(shown on the chart). In the secondary trend the downtrend has formed(red line on chart). The price is currently under the support(yellow line). Now it acts as resistance. Locally some form of triangle forming(the price is tightening). As the classic for the alts the target may be aroung 180%. Also pay attention to the current zone - it's 666 zone(6.66). Taking in consideration the big volume spikes(and price spikes) we can see a good move forward.
by Ivan3tt
3
BAL USDT the tiniest of riskspast few days have been weird so i prefer tiny moves with extremely low risk if they go wrong. having such tight stop losses mean we gonna lose a couple more than usual. fewer bigger wins and more but tiny losses. Bal technically is due for a pullback and a good resistance is formed around here. i will short it around 7.76 i will take a solid profit at 7.2 which is a 7.5% and i will cut my losses id 4h candle closes above 8 which is a 2.5% loss. leverage up to 2x keep in mind the first part of this idea and FOLLOW FOR MORE
Short
by POWcharts
4
Balancer BAL; When is the Reversal?Hello Traders! CTDave here again with another daily price analysis chart. In this analysis, I will analyze Balancer (BAL). As you can see from the chart, BAL is in a downward channel right now. As of now, BAL has approached the support line and it's waiting to get going up short term again. However, as indicated by the red arrow, it will go down after going to ~$10-11. Right now, the RSI indicator shows almost oversold which indicates that it's going to go up. Also, looking at the RSI, I have shown how RSI likes to behave based on my experience. The white arrows indicate the path while the orange circled spots show that RSI made a "double bottom". Right now, expect a similar behavior; a rise, and then a drop lower. After Balancer hits the bottom of the channel, expect a reversal and a breakout to the upside. Thanks for reading! As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you! Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
Short
by CTDave
1