BALANCER CRYPTO:SHORT-TERM PRICE ACTION IDEA|SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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Balancer
BALUSDT - Harmonic Cypher Pattern on 4H ChartHey Guys,
On 4H chart of BAL USDT Perpetual, there's a bullish cypher harmonic pattern shaped.
Suggestion follows as below;
Entry: Around 22 (In the green zone, if possible)
SL: Very close to but just below point D in the chart (21.15 area)
Target 1: Fibo 0.768 - (24.80 area) Profit Suggestion: Sell %40 of your position
Target 2: Fibo 1.000 - (26.40 area) Profit Suggestion: Sell %20 of your position
Target 3: Fibo 1.270 - (28.30 area) Profit Suggestion: Sell %20 of your position
Target 4: Fibo 1.618 - (30.80 area) Profit Suggestion: Close Entirely
PS: No financial advise, always DYOR!
BALANCER Showing Strength!#BAL/USDT
Entries in the 71.70 to 63.5 range, it is currently approaching the previous ATH, expecting a pullback for us to enter before going for the upside
Targets for short term scalping can be 75, 76.976
Mid term targets that I expect to be hit in 1-2 weeks are 94.115 and 120
$BAL printed a beautiful reversal candle$BAL has printed a very long wick below the support level, and has traded above the close of that candle. This is usually a low risk entry and signifies a reversal.
BAL.USDT and BTC Pairing (Y21.P3.Video1).Breakout tradeHi All,
As per the commentary and charts, BAL is about to break out from a well established structure for both USDT and BTC pairing.
All the best,
S.SAri
Update on my previous idea on BalancerNot much to say other than my previous idea still holds and even more. We have a cluster of resistance pretty close, but it will get smashed like it isn't even there. This is an incredibly bullish retest... So buckle up and get ready for the pump. (No investment advice)
BALANCER LABS - Macro Bullish Continuation - BAL/USDT 3DAlright guys, with the current DeFi landscape, it's almost a no-brainer that Balancer will exceed some of your expectations!
Every trade has a Risk and Reward
This one is an optimal play.
With new capital influx and EIP-1559 deployment round the corner, DeFi on ETH will start a new trend once again and take all the quality protocols to the upside.
Let's go!
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This is (OBVIOUSLY) not a financial advice!
BAL GOING FOR ANOTHER KILL, ANOTHER BALANCEMAs are perfectly lined up!
The resistance zone, which is designated in red, seems to have grown soft with repeated swings!
MACD in the 2H is on the verge of a positive cross, boosting the chances of a cross in the 4H timeframe!
RSI seems poised to fly higher!
Ultimately don't forget that BAL V2 is coming in 2021! So, if you're hodler, keep your BAL tight! Great team behind the project!
Balancer looks like Uniswap in terms of price... Mega bullish!Not much to say about Balancer other than it is a very important DeFi protocol, with traction and lots of things coming up for it. In terms of price action it looks a lot like Uniswap and they are both ready to go higher. The resistance has been tested many times already and the breakout is coming!
BAL try to have a breakoutBAL / BTC
BAL show strong uptrend since beginning of 2021
we can see in chart gaint ascending traingle
the upper (weekly) resistance of traingle tested multiple times
I think we will have Breakout soon 🔜
Good luck
Keep an eye on SushiI entered sushi when I noticed that channel support is valid. (Entry 27.April)
With strong set ups on many blue chip DeFi tokens, the low valuation in realtive terms of Sushi caught my attention.
When Sushi closes above horizontal support it gives me signs of strength rather than weakness for now. For me, possible entries are once a channel breakout (If covered with volume) or if we surpass the local high at 18$.
BAL/BTC Coinbase Pro 1hr - Breakout Idea w/ NewsKeep an eye on this Balancer idea - they just dropped BAL v2 and also tweeted today:
"Tomorrow is a big day for Balancer Protocol: We will be announcing a new game-changing partnership.
We anticipate this partnership will revolutionize the DEX space to deliver the best experience to traders—across price, UX, and transparency."
Be careful frontrunning these set ups although the market strength is ramping back up. DeFi pump is happening now.
Buy the news, sell the greed. DYOR
Cheers
Balancer BALUSDT ready for a breakoutHello all,
A quick trading idea here:
It concerns Balancer's BAL token, which is now back into the macro uptrend channel after making a 37% retrace from its all time high back down to the demand zone near $45.
I will be looking for a breakout in the current around the diagonal resistance on the 4-hour timeframe:
4-hour candle closure above $55 is our trigger. I have placed 3 targets on the chart based on the last visited high and the Fibonacci extension + the target % for the triangle pattern breakout.
Cheers,
BALBUSD - Balancer in triangle, potential 48% profitsI take no credit for this entry, various others have reported it before me, im just recording this partly for my own tracking, its fun!
Entry opportunity right now, get it as low as you can, i got it at 50.1 sats, hopefully you are in even lower!
Market seems to have taken a breather the past few hours. BTC i honestly not sure where its headed, seem to be going sideways, we can still go sideways in btc for a few days yet before hitting major lower trend line, so theres still time for some coins like balancer to moon.
Ive been stopped out of few trades recently, dodousdt was one, and cakebusd, i had a tightish trailing stop, had i let it breath i could have got more. So im wanting to let this breath a bit more. I want to see a confirmation below lower trend line of BATBUSD before canceling this trade.
BUY LOW, DONT HALF ASS YOUR ENTRY! and most importantly, i dont know shit! This aint financial advice!
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Coin Snapshot
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Rank #138
Market Cap: $548,377,742
Token // Decentralized Exchange Token (DEX) // Automated Market Maker (AMM)
Yield Farming // Decentralized Finance (DeFi) // Governance