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BAL / TetherUS

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BALUSDT trade ideas

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