Balancer Protocol looks ready for a breakoutBalancer Protocol is the leading platform for programmable liquidity it is MidCap Defi Gem which hasn’t been performed yet but looks ready for a breakout.
Technically BAL is forming a symmetrical triangle on the 1D timeframe and looking ready for a breakout so build your position in it before breakout for a handsome profit in short term.
BAL
BAL/BTCBAL retest done and now looking ready for a breakout.
Targets are mentioned in the chart.
Please do not get greedy.
If you liked my idea, follow me for more.
BAL idea for new weekYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
🔥 BAL W-Shaped Recovery Almost CompleteBAL has seen very steady growth since the July lows. With this move going on for around 4 weeks now, the W-shaped recovery is almost completed.
I'm looking at the green area of resistance as a main break out point. As the price moves above the Resistance indicates that the recovery is completed and BAL can go do its thing.
Look at my recent BNB analyses for example.
Happy trading!
BAL possible correction incomingBAL had been trying hard to break the key demand area after successfully making cup and handle pattern, though the bulls failed to keep BAL above key level area and the trendline support which has been held since 21st July has been broken downward along with printing of first LL after a long time. It would be safe to assume that after a strong upward rally, BAL is heading for correction now. My target would be that yellow rectangle area as it is where Golden Pocket lies as well.
BAL/USDT LIMIT BUY SIGNALIn the crypto market now it seems a lot of uncertainty, such as whether it will continue rising or will it crash by 20% or more. Well, the risk of a pullback remains high but there are some coins that still show good growth potential. In this case, it is BAL, which might be the one growing faster than others.
Possible 2x On The Way For BAL/BTCBINANCE:BALBTC COINBASE:BALBTC COINBASE:BALUSD BINANCE:BALUSDT
BAL has a fairly nice setup with a likely bullish outcome on the BTC pair, with the price ranging between a massive descending wedge & looking ready for a macro breakout which would lead to a 2x in BTC price (likely higher)
Expecting a breakout towards that .369 retracement as the likely target for the first wave on the breakout!
The USD pair is also looking bullish on the macro scale too!
Watch this one over the next days & weeks!
BALThe resistance is very hard at the price of $ 25.7, Which can be achieved by breaking it to achieve the specified target
(Since September 2020, this range has always been important for coin)
- In the daily time, the w pattern can be seen, which is an ascending pattern
The green Ichimoku cloud is forming
For the first time since the fall,Bitcoin has managed to stay more than $ 40,000 in a row for several consecutive days, which is a good thing for the market.
- Due to the good market conditions and the said points, there is a possibility of resistance failure
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.
BALANCER CRYPTO:SHORT-TERM PRICE ACTION IDEA|SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !