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BALUSDT

BAL/USDT - BALLANCER - Price direction at 55$Hello dear traders. BALLANCER coin under consideration. The project is promising. The work takes place in the ascending channel, where the coin has already formed a potential reversal. I expect to see a price above $ 55 - as a large player entered, and the volume accumulated on this coin by cluster analysis indicates good growth. Indicators - at 2-4-6 hours TF, gate signals for price increases. If the resistance is stronger, place a potential stop loss at 31.95. Since the market for many coins is overbought, and from moment to moment, there may be a bloody collapse. Insure your positions and do not overstate the lot in the position. Best regards, Your Opptrade
Long
by UnknownUnicorn13204076
BALUSDT, ATH retest and price discovery soon?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome. Trend: clear uptrend (HH & HLs) Points of note: - 0.382 fib level is strongish support for the current move - Price currently struggling to break 0.236 resistance and turn it into support - Volume decreasing, might be signs of (bull) exhaustion Trade ideas: - expecting bullish continuation here. 0.236 level to broken and held and new ATH/price discovery to follow if volume follows - If buy volume doesn't come in I could see price correcting most likely 0.618 fib level before moving up further
Long
by Sidders
Double bottom - BALUSDT Review 📚Good day everyone. Today I'll be discussing on the double bottom trend reversal pattern. 1. DEFINITION What is a Double Bottom? A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter "W". The twice-touched low is considered a support level. 2. ENTRY The entry ( buy order) in double bottom pattern is placed just above the neckline resistance. 3. TARGET ( TAKE PROFIT) The target of a double bottom pattern = the distance of the bottom head to the neckline resistance. When a double bottom is spotted in a channel or rectangular pattern support. Your target should be the channel resistance and rectangular pattern resistance respectively. 4. STOP LOSS AND SETUP INVALIDATION The setup invalidation is a breakdown below the double bottom support. The stop loss is half the distance of the setup invalidation. 5.TRADE EXAMPLE I'll be using my analysis on BALUSDT as a trade example on double bottom. The trade played out as expected from my previous analysis. My buy entry ⬆️ - breakout above the double bottom neckline resistance. My targets 🎯 - previous swing high, ascending channel resistance. My setup invalidation ❌ - breakdown below the double bottom support + ascending channel support. My stop loss 🔴 - setup invalidation / 2.
Education
by Chibuike_Odoh
BalusdtBINANCE:BALUSDT What we see now ? 1-the price at 15$ 2-the next resistance at 16,9$ 3-the support level at 13,10$ 4-there is 3 positive buy signals are active 5- the candle is above downtrend line What we have to do now ? 1- wait for daily closing above the downtrend line then it’s a good opportunity to take a position in this trade 2- take profits in resistance levels 3- follow the robo sell signals if you see 2 of 3 the close the deals Trade with you own responsibility
Long
by Engineer-ibra
4
BALUSDT: Possible Long (26.12.2020)On D1, the price set local resistance at $ 18 (50% Fibonacci), after which a correction for the upward impulse began. At the current moment, a divergence has formed between the price and the RSI, which indicates a trend change towards the price growth. On H4, a zigzag pattern of price movement down from the $ 18 level is clearly visible. The RSI reached the oversold level 3 times and the price reached the last 76.4% Fibonacci retracement at $ 11. At the current moment, an upward local impulse has formed, which heralds the beginning of an upward movement within the older model on D1. We recommend buying BAL in order to hold the position up to the $ 25 level.
Long
by QubitLife
BALUSDT- BUY CHRISTMAS RALLYPreconditions: -break out trend line -head and shoulders - R/R 1/5 You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
3
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
FTX:BALPERPLong
by ssari
BAL/USDT Potential double bottom in formationBAL/USDT the price recently lost Local support in 13$ area Next area of concern is 9-8$ Here i can expect bulls start to enter to save this area But still not for buying except we see good bullish signs there If bulls saved next area from further drop it will be a good potential double bottom but take care because if next area failed to rebounce the price it will drop in parabolic move try to find new discovery bottom Good luck and happy trading for you all 🌹
by Babenski