BALUSDTPThe Massive rejection yesterday on Balancer, suggests bear pressure on the price as it tapped two significant supply zones in quick succession. Hitting 7.46 region was testament that price can still reach June price range, but I'll take that as inducement for the time being until the demand zone below is swept for liquidity. The wick from October's CPI announcement remains unmitigated, and I'll be targeting there for a minimum take profit.
BALUSDTPERP
BALUSDT 1W LONG📈Hi all. Timeframe 1 week. BALUSDT has broken through the wedge resistance on growing volumes and is consolidating above the key support. I assume the emergence of an upward trend. I'm considering spot recruitment now. Depending on your type of trading and risk management, long entry points are also possible on lower timeframes. Marked goals and levels on the chart.
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?
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BAL : THE CYCLE COIN NO 1 AT THIS MOMENTWe are in a time where the markets are still not stable. Also in a time where more take profits did than before, where before times there was more building coins trend.
At this moment it's very hard to find a long-term building coin, but not impossible.
When we study the markets depending on last trends we found out that BAL can play an important role coming time depending on cycle price action.
we see from 10-10-2022 that BAL did enter a new cycle trend and this cycle trend can Bring BALUSDT to high targets.
We did add some expected targets depending on important patterns in the chart and price action view.
Since BAL are in a cycle trend we expect that a 9 USD price action can be the next price for BAL, and in the best way, it can enter above 19 USD.
There is high interest in the coin also, and with time we will confirm whether it's going to the expected target.
Markets can be very hard, so please think about your SL on any trades you made.❤️
BAL BALANCER LONG Opportunity 20220608Signal: Red -> Green, Context: Green,
Blue -> Green: Bottom
Structure Breakout
Risk Reward: 2
BAL, Balancer, BALUSD , BALUSDT ,BALUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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!
BAL/USDT Might Fly Soon 🚀📈 BAL/USDT | Potential Upward Movement
💡 Buy Limit Order @ 26.647
🎯 Target Profit 27.988
🛑 Stop Loss 25.983
❌ Do not risk more than 1% of your account on each trade
Description:
The price found buyers around the 78.60 % Fibonacci retracement level near the bottom of the bullish flag pattern. This shows that the retracement is done and it is time for the new bullish impulsive wave to move to the upside.
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BALUSDT Inverse Head and ShoulderBALUSDT Technical analysis Update
BAL/USDT currently trading at $0.22.83
Inverse Head and shoulder
Buy level : Above $22.60
Stop loss: $21.75
TP1: $23.20
TP2: $23.60
TP3: $24.45
TP4: $25.60
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
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!
BALUSDT Resistance Zone BreakoutBALUSDT (2H Chart) Technical Analysis Update
Symmetric Triangle Breakout
BAL/USDT currently trading at $63.80
Buy-level: $63.00 - $63.80
Stop loss: $56.20
Target 1: $66.20
Target 2: $68.80
Target 3: $72.60
Target 4: $80.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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$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