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Balancerusdt

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
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
Balancer (BAL) Buy ZoneBalancer (BAL) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High On this market, Balancer looking weak in short-term and found short-term support around $15.5 zone. -------------------- $BAL/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 16.65 - 17.5 TP 1 : 16.35 TP 2 : 16.05 TP 3 : 15.65 TP 4 : 15.35 TP 5 : 14.95 TP 6 : 14.5 TP 7 : 13.9 TP 8 : 13.2 Stop Loss : 18.5 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
1
Balancer (BAL) Buy ZoneBalancer (BAL) Buy Zone -------------------- 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. -------------------- $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. --------------------
Long
by Zerene
1
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!
Long
by TychonTrades
Balancer AMM and Defi Protocol; BAL/USDT analysisBalancer mission is to become the primary source of DeFi liquidity by providing the most flexible and simple platform for asset management. ❇️ COINMARKETCAP's DATA : Rank #136 kind: Token- On 39,755 watchlists - Market Cap :$448,088,157 Volume24h:$184,689,336 Circulating Supply :6,943,831 BAL -- 7% Max Supply:100,000,000 Total Supply: 35,725,000 What Is 🌟Balancer (BAL)🌟? Balancer 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. ❇️Balancer is similar to #Uniswap and #Curve, in that it enables anyone to create pools of tokens. The pool adjusts itself to keep the tokens equally weighted regardless of changes in their price. However, one unique feature of Balancer is that more than one token can be added and ETH isn’t required. Although, Balancer isn’t the first DeFi protocol to make use of AMMs, however, it has brought a new face and approach to liquidity. ❇️Who Are the Founders of Balancer? Balancer Lab was founded by Fernando Martinelli and Mike McDonald, but it began as a research program at a software firm “BlockScience” in 2018. The Balancer project features intelligent, like-minded fellows with an acute understanding of the DeFi space. coinmarketcap -- balancer.fi ------------------------------------------------------------------------------------------------------------------ ✅TECHNICAL ANALYSIS As you can see in the Weekly time frame chart for BAL/USDT, the price is trading around 65 $ . Although there are many upward signs, such as the cup pattern, etc. for balancer , but certainly not yet reached its final target. And we see that the ascent continues to advance in a its trend line , and we can imagine an ascending channel, that BAL can correct down to the bottom of this channel near the green support areas, or even reach the ceiling of the canal , near its targets, and no definite decision can be made. Therefore, you should use every opportunity to enter a long position. -------------------------------------------------------------------------------------------------------------------- 💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .) 💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯 🙏with Best Regards and successful trades❤️ 💜 if you're fan of my analyses you can support me with your 👍 likes 👍 and 💭comments 🗯
Long
by PRO_SMART_Trader
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." Subscribe to my free and open channel. There are no premium and VIP groups here - only free communicatio link in the description
Long
by CryptoJaegerB
2
[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.
Long
by HolderYoda
[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.
FTX:BALUSDLong
by HolderYoda