Get started

BAL / TetherUS PERPETUAL CONTRACT

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BALUSDT.P trade ideas

BAL/USDT Trading ScenarioAfter reaching a local maximum in 2024 at a price of $6.192, the asset has since declined, hitting a low of $1.544, a drop of over 94%. Currently, the asset is trading near this minimum price. The volume profile in this price range indicates strong interest from market participants for accumulation. Given this interest and the current market dynamics, there is a likelihood of continued short-term decline, which could trigger additional liquidation of weak positions and create more favorable conditions for further accumulation. This may lay the groundwork for recovery and potential growth of the asset as the market stabilizes and investor sentiment shifts.
by Rick_SimpleSwap
Has #BAL Hit Bottom, or Is There More Downside Ahead? Watch OutYello, Paradisers! Are you ready for what could be a huge move on #BAL? Let's discuss the latest analysis of #Balancer to see what's happening: 💎#BALUSDT is currently showing strong signs of a bullish continuation, holding steady at the critical support level around $1.76. We’ve been closely tracking Balancer’s journey within a Descending Broadening Wedge pattern, and now it's making a move to break through that descending resistance line. 💎Volume has been solid for a while now, and just two months ago, GETTEX:BAL made its all-time low. You know the saying, "Once we hit the bottom, the only place left to go is up!" sounds completely true in this scenario. 💎If GETTEX:BAL maintains its strength at this level, we could be on the brink of a significant rally, following past bullish trends. A breakout above the $2.57-$3.07 resistance zone could pave the way for higher targets and potentially new highs. 💎However, If momentum fades around this critical support, a pullback to the lower demand area near $1.533 could be on the cards. A daily close below this demand area would invalidate our bullish outlook and could signal further downside ahead. Stay vigilant, Paradisers, and closely monitor #BAL's price action. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
4
Balancer: Trading At Bottom Prices (Crypto Trading)BALUSDT (Balancer) is a pair that has been seeing strong trading activity for a long while, volume is good on this pair and a bottom low has been hit recently, only two months ago. You know what I like to say, "Once we hit bottom, the only place left to go is up!" And this is true... Especially in a new, young, growing and evolving market. While a bearish cycle, a down-wave, a correction can be something negative, it is also an opportunity. The word crisis in Chinese has the same meaning as opportunity. Whenever prices are down, there is the opportunity for something new to develop. Trading volume is really strong on this chart around October 2023. The last drop is minor, very small, compared to 2021-2022. This gives strength to the fact that we are close to bottom prices. Once we reach this point, we can easily "think long-term." Think long-term in the sense of buying with the mindset of waiting for months... It can be 4 months, 6 months, 8 months... 12 months, it doesn't matter, just wait. We buy, wait and hold patiently until prices start to go up. Once we are in big green, we can decide to sell and move on. When trading spot, you can't go wrong when buying low if the market is about to turn, and this is what we belief based on hundreds and hundreds of charts. If it doesn't turn, think long-term. The last part of 2024 can be the accumulation phase. The first two months of 2025 can be characterized by growth. After February 2025, from March 2025 onward, we will be going, moving, pushing straight up. It is still early and this is shown by the price on the chart. Buy those trading low, wait and let the market take care of the rest. Those trading high, stay away... Namaste.
Long
by AlanSantana
#BALUSDT (Watchlist) 8-2024BAL is showing signs of a rebound from its historical trendline support around $1.50. If BAL maintains this level and the broader market remains stable, potential upside targets could range between $3 and $5. However, it's important to watch the $1.40 level closely. A weekly close below this could invalidate the bullish outlook. When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges. PS: We avoid trading coins associated with gambling, prostitution, human trafficking, etc. Note: This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks. Best wishes to all, we ask Allah reconcile and repay. 🙏
Long
by HamadaMark
BALUSDT.1DFirstly, observing the overall trend on this chart, we can see that BAL/USDT has experienced significant volatility over the past year. The peak near the start of April 2023 around $8.00 marked a high point, from which the price has subsequently declined, now trading around $2.574. Notably, the price has recently broken below the support level (S1) at around $2.7, indicating potential further downside. From a technical standpoint: Moving Average Convergence Divergence (MACD): The MACD line is below the signal line and descending, which is generally considered bearish. The histogram bars are also increasing on the downside, confirming strengthening bearish momentum. Relative Strength Index (RSI): The RSI is just below the mid-line at 48.87, suggesting a slightly bearish momentum without being in the oversold territory. This indicates that there might be more room for the price to drop without reaching oversold conditions. Support Levels: The recent breach below the S1 support level suggests that BAL/USDT might aim for lower supports. The next critical support could be around the $2.165 level, marked by the recent low in July 2024. Breaking this could lead to further declines. Resistance Levels: If the asset manages to rebound, immediate resistance is found at the descending trendline from the April highs, which currently intersects around $4.477. A break above this level could challenge higher resistances, but that would require a significant change in market sentiment. Conclusion: Given the current chart patterns and indicators, BAL/USDT appears to be in a bearish trend with potential for further declines. The break below the immediate support level could see prices testing lower supports in the near term. Traders might consider watching for any signs of a reversal if the asset approaches oversold conditions on the RSI or a bullish crossover on the MACD, but as of now, caution is advised given the prevailing downtrend. Any trading strategy should include stop-loss orders to manage risk effectively, particularly in such a volatile environment.
Long
by MarsSignals
BAL/USDT Breakout Alert | 👀 Things are About to Get Interesting💎Paradisers, focus on #BALUSDT as it teeters on a pivotal moment. Positioned at a key support level, #Balancer is priming for a potential bullish surge. 💎After meeting resistance at $4.43, BAL now tests the waters at the crucial support of $3.45. Holding above this level could propel a bullish continuation, buoyed by BAL's solid performance above the EMA—an indicator of possible upward momentum from this juncture. 💎If BAL falters at $3.45, we might need to pivot our approach. A decline below this mark prompts us to look toward a robust bounce from the deeper demand zone at $2.92. 💎A break beneath this secondary support could signal a bearish downturn, pressing us to reassess and adapt swiftly. 💎Paradisers, keep your strategies flexible and your senses sharp. Your ParadiseTeam remains vigilant, providing strategic insights to navigate the shifts and swells of the #BAL market effectively.
Long
by MyCryptoParadise_Simon
4
BAL/USDT - Balancer: Trend Reversal◳◱ On the $BAL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 5.208 | 5.618 | 6.405 and support near 4.421 | 4.044 | 3.257. Entering trades at 4.851 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Balancer ▣ Rank: 280 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Decentralized Exchanges ▣ Overview: 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. ◰◲ Technical Metrics : ▣ Mrkt Price: 4.851 ₮ ▣ 24HVol: 1,282,328.325 ₮ ▣ 24H Chng: 2.126% ▣ 7-Days Chng: -3.59% ▣ 1-Month Chng: -15.99% ▣ 3-Months Chng: 25.93% ◲◰ Pivot Points - Levels : ◥ Resistance: 5.208 | 5.618 | 6.405 ◢ Support: 4.421 | 4.044 | 3.257 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -2.66 ▣ Last 90D: 1.56 ▣ Last 1-Y: -0.70 ▣ Last 3-Y: -0.40 ◲◰ Volatility : ▣ Last 30D: 0.82 ▣ Last 90D: 0.71 ▣ Last 1-Y: 0.61 ▣ Last 3-Y: 0.98 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.38 - Bearish ▣ Reddit sentiment score is 0.47 - Bearish ▣ In-depth BALUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BAL - Stay balancedBalancer 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 ( GETTEX:BAL ) by contributing to customizable liquidity pools. The price is close to the accumulation zone. Stay tuned
Long
by QAEngineer
BAL/USDT should price respect key support? 👀 🚀BAL analysis💎Paradisers, turn your attention to #BALUSDT! We've observed its steadfast position, holding a pivotal support level and gearing up for a potential bullish ascent. 💎 #BAL has been under a tough line that kept pushing it down, but it recently broke free and is now sitting comfortably at $4.558 support. If it keeps up the good work here, we could see it jump up past $5.871 resistance. 💎 But, if #BAL starts slipping and can't stay above $4.558, we might need to change our plans. We're looking at a possible bounce back from $4.307, a spot it's hit before, showing there's a good chance for a pickup. Dropping below this point, though, could mean more drops ahead, so let's stay sharp and make smart moves with #BAL.
Long
by MyCryptoParadise
BAL/USDT Get ready to seize an excellent LONG trading chance!BINANCE:BALUSDT The recent breach of a major trendline on the weekly chart for BAL/USDT signals an enticing long trading opportunity. With the price now situated above this level, prospects are bright for a potential target range of USD $60 to $70. #BAL/USDT SPOT LONG ENTRY Leverage: 3x Entries: $5.855 Take profit 1: $7.351 Take profit 2: $17.000 Take profit 3: $72.297 Stop Loss: $3.180 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! Thanks The sroced.
Long
by srocedtrading