Balancer-ideas for the next weeks. From a historical pattern (just the days before the upwards trend-channel started here), I assume 2 scenarios, of which 1 (white) is bullish and 1 (orange) is bearish including retesting the FIB-levels below at 45$ and 38$.
Keep in mind: most ALTs are dependend on Bitcoin, so if Bitcoin does crazy things, most ideas in ALT/USD-section might become obsolete.
Good luck.
Trade carefully.
Be happy with 10% every here and there.
Consider stop-losses
Balancer
$bal looking good here, if manages to SR flip I am bullishBAL is a coin for the project named balancer. It's pretty good platform. The price action is forming a head and shoulder here. if it manages to break the through the resistance we'll hit our target in no time.
not a financial advise my own views.
Thank you
Happy Trading everyone
BALANCER : PRICE ACTION IN SMALL TMF - PRICE IS GROWING ! 🔔Hello Everyone ! ! I hope you'll Appreciate our Advanced Analysis on Price Action !
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BAL/USDT - Getting out of resistance. BallancerHello everyone, analyzed the BAL/USDT pair
According to BAL, we see movement in a sideways trend, at the moment, the upward local movement is meeting with a strong resistance level, in case of a breakout, I expect a strong upward impulse and further movement towards our targets.
Having carried out a mid-term as well as extra-day wave analysis, I think that the price will be brought to these values.
👉 Entry point: 52.42
Targets: 59.00 - 65.00 - 74.00
So far, without stop loss, in case of a price rollback, I will buy from the levels of $ 45-50
My risk management per position is not more than 2%
I am not a market maker, I do not know 100% where the price will go, and I am not a financial assistant.
Here I indicate only my actions and entry points to a particular position.
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
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link in the description
[40%] BAL / USDT (LONG)The value locked on Balancer is more than 1.5B, but BAL still have a MC of only 300M.
Balancer is a n-dimensional automated market-maker built on Ethereum . It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number of tokens in any weights or trading fees. Another way to view Balancer is as an inverse ETF: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who continuously rebalance your portfolio by following arbitrage opportunities.
[40%] BAL / USDThe value locked on Balancer is more than 1.5B, but BAL still have a MC of only 300M.
Balancer is a n-dimensional automated market-maker built on Ethereum. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number of tokens in any weights or trading fees. Another way to view Balancer is as an inverse ETF: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who continuously rebalance your portfolio by following arbitrage opportunities.
BAL/BTC: Next ATH in 4 Days?Hello!
I am new to TA but I noticed an interesting pattern so I wanted to share. At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21.
I think the best way to learn is to practice and share ideas so please share your thoughts with me. I'm looking to learn as much as possible.
Best of luck!
BAL/BTC: Potential New ATH in 4 Days? Updated for 2hr Chart!Hello!
Last night I posted a chart showing my analysis for a new ATH for BAL/BTC by 2/22/21.
I stated," At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21."
I am new to analyzing charts so I didn't realize that posting my analysis on with daily candles won't be too helpful for folks if the new high is in 4 days so this post is the same chart with 2hr candles.
Let me know your thoughts! I would love to learn more from you all sharing your knowledge and critiquing this analysis.
Good luck!
BAL.USDT (Y21.P1.E1).Cradle setup. WaitingHi All,
With the nice pullback, looking for another trade, BAL with its 4 hrly chart and hence waiting on the 4 HRLY candle to close bullish with the requirements for a cradle trade.
All the best,
S.SAri
PS> If you want to learn what is the Cradle trade, message me direct.
[$ETH] One of those targets - YOU CHOOSE ! One week before CME futures contracts released on $ETH , Feb 8th , we have a strong momentum for the overall Ethereum DeFi ecosystem , and it will give a major boost to the upside.
Monster volume ! some volatility will kick in like never :)
Let's have a seat and enjoy the journey to the moon !
Stay Safe
Trade Safe
Balancer (BAL) Price TargetsThe mid-term price target for Balancer is between $30 and $36.
As one of the most promising DeFi platforms built on Ethereum, Balancer continues to gain value in this altcoin cycle. As a new altcoin, Balancer's price action is relying heavily on Fibonacci lines for support and resistance. After cooling off down to somewhere between $19 and $15, Balancer's bull run should continue on to challenge previous resistance around $30 and potentially $36 in the coming months.
LONG BAL with stops and profit targetsLong BAL - Expecting Reversion to POC @ 13.76
Stop: 10.78
Profit Target 1: 12.00
Profit Target 2: 13.76 or Trail with a multiple
of a Lower Time Frame ATR
=======================================================
Balancer is a non-custodial automated portfolio manager, liquidity provider, and price sensor. The big idea of Balancer is, it is a new financial primitive that combines asset management and decentralized exchange. In traditional finance, this is similar to combining Fidelity asset management and NASDAQ’s exchange, then distribute NASDAQ’s trading profits to Fidelity’s asset holders.
BAL.USDT (Y20.P5.E2).Is it time to go longHi All,
(ref. z.chart)
Planning when to jump in?
The run up formation looks good and if it goes to plan, somewhere along these fib levels, there is a likely buy signal to be found.
The key to this is the support trend line and the triangle macro formation....if this comes about, then a 1,2,3 impulse to the support level as the green zone, with a daily bullish candle close from this, will be the buy signal.
So its a matter of planning and waiting.
Here is the 1, 2, 3 move
Lets see if this works accordingly.
All the best,
S.SAri.
PREVIOUS POST TO THIS
Balancer Balances in Favor of Impulse. BALUSDWe have just crossed an important leve -1.618 of the latest Waves C. This is confirmation of impulse, and I expect this thing to keep climbing for months. We are going up, but might just be a tad too early to draw goals yet, as we have just, just crossed an important threshold. Not financial advice.
✳️Balancer/USDT (10/11) View + Trading Plan #BAL $BALBAL is on a strong recovery and the heading target is at 14$, which is a strong resistance zone and a possible reversal here, so be careful. If this zone is broken, BAL will switch to uptrend and the heading target will be 18$ or even 26$
📈BUY- LONG
- Buy close to 10-10.5$, stoploss if B
📉SELL-SHORT
- Sell: 13-14$, stoploss if A
- Sell: 17-18$, stoploss if A
- Sell: 25-26$, stoploss if A
♻️BACK-UP
- Sell close to 10-10.5$ if B, stoploss if A
- Buy: 8-8.5$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"