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BAL

BALBTC – Potential 56% gains BALBTC – Potential 56% gains BUY: 0.00076 – 0.00077 TARGETS: 1) 0.0008502 2) 0.0009138 3) 0.0009788 4) 0.0010713 5) 0.0011891 STOP: 0.000725 (candle must close below) Rationale: -Price has been consolidating around horizontal support and looks ready to breakout. -Price and RSI are making a series of higher lows -The lows have formed a diagonal support line -Note that if Bitcoin dumps shortly this trade will likely stop out, so manage your risk accordingly. Your risk, your reward. This is not financial advice. Happy trading.
BLong
by ForgeTrades
[40%] BAL / USDT (LONG)The value locked on Balancer is more than 1.5B, but BAL still have a MC of only 300M. Balancer is a n-dimensional automated market-maker built on Ethereum . It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number of tokens in any weights or trading fees. Another way to view Balancer is as an inverse ETF: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who continuously rebalance your portfolio by following arbitrage opportunities.
Long
by HolderYoda
[40%] BAL / USDThe value locked on Balancer is more than 1.5B, but BAL still have a MC of only 300M. Balancer is a n-dimensional automated market-maker built on Ethereum. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number of tokens in any weights or trading fees. Another way to view Balancer is as an inverse ETF: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who continuously rebalance your portfolio by following arbitrage opportunities.
FTX:BALUSDLong
by HolderYoda
Balancer (BAL) Price TargetsThe mid-term price target for Balancer is between $30 and $36. As one of the most promising DeFi platforms built on Ethereum, Balancer continues to gain value in this altcoin cycle. As a new altcoin, Balancer's price action is relying heavily on Fibonacci lines for support and resistance. After cooling off down to somewhere between $19 and $15, Balancer's bull run should continue on to challenge previous resistance around $30 and potentially $36 in the coming months.
BLong
by SistineResearch
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