BAL/USDTBefore entering the trade, wait for the price to bounce and confirm the new trend.
Happy trading!
If you enjoy my ideas, please like, subscribe and comment.
BALUSDT trade ideas
🔥 BAL Bullish Channel BounceBAL, like most other cryptos, has seen a strong decline in value over the last few hours. At the moment, BAL is residing at the bottom support of said channel, potentially getting ready to take off again.
Before entering the trade, wait for the price to bounce and confirm the new trend.
Happy trading!
BAL-USDT(Descending Triangle breakout)
Balancer is among the top 10 DeFi assets in terms of TVL on its protocol. Currently, $1.5 Bn is locked on its protocol.
After hitting its All-Time High on Feb 12, it retraced back and was continuously taking support from the 20 DEMA. On March 6, it appreciated by ~17% and is currently indicating a continuation of the bullish trend.
On 1 Hr Time Frame, It has given a Breakout from the trendline. The 20 Hourly EMA and the trendline support has given support to the Doji candlestick as indicated on the chart which depicts a Retest after the Breakout.
Key Levels to watch out:-
The supports to the lower side are present at $42 followed by $40 .
The resistance to the higher side is present close to the All-Time High Level of $52 . If it manages to close above ATH, a further move to the levels of 1.272 Fib level placed at $63 can be expected.
BALUSDT will touch 65 and 85$ in midtermAfter a strong break out of the 33-36 $ level, I expect that BALUSDT will be touch 64 and 84 prices asap!
$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 looks primed for detonationLong BINANCE:BALUSDT
Previous ATH broken on great volume
OBV prints new ATH, price is yet to catch up
Supply seems digested
BINANCE: BAL/USDT🛒 Pair: BAL/USDT 🛒
== SPOT==
⏰1399/12/27 ⏰
🕰 17/03/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#98
🛒 Buy : 51 - 52 🛒
👉Sell Targets👈
🎯TP1: 59.5 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🚁
⛔️ SL: 0.0475 (if 4 hrs. candle closed below)
INVERTED HEAD AND SHOULDERS
S/R flip test is on
Try to grab some BAL under $50BAL is now testing the local support zone and also respecting the uptrend line. BAL is a DeFi and AMM project. We will see some upward moment from the local support area or after retesting the support line.
Buy Zone: $50-$52
Target: $57 - $62.9 - $68.9 - $75.8
$BAL Retest$BAL Currently retesting previous ATH's. This is a project with great fundamentals and a bright future. $100 Soon....
GIANT Inverse Head and Shoulder forming on BAL!Looks like there is a Giant Inverse Head and Shoulder is forming on BAL. Expecting a target of around 69 give or take a few cents.
BAL, Cup?Can try the xxx Cup With Handle formation. will check the support.
Let's see what is going to happen?
This analysis is for self educational purposes. It is not investment advice !!!
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
BAL.USDT (Y21.P1.E2).Next setup or BreakoutHi Traders,
No words as the chart tells you.
8 Hr chart, meaning 8 hr candle should tell you the story.
For now, some resistance levels with the help of the indicators, at least its an uptrend
All the best,
S.SAri
BALUSDTHello to you all. Mars Signals team wishes you high profits at all times.
After the price has broken the line, it has made its pullback too. It is a good time to buy it and set the sell order on the targets drawn on the chart.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
