BALETH - A Clear Buy with 15 - 30% Gains!Hey guys,
We've got a pretty clear Long signal from Balancer right now, you can see a rebound off an strong ascending support trend line, combined with passing above a critical level where the price has pivoted and consolidated at before, combined with a strong Buy signal from Crypto Tipster v2.
We'd expect between 15-30% gains on this in the coming days and weeks.
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Ballong
BAL/USDT 1HR ChartNeed a break and close above the 20EMA
Break above the 50 line on the RSI to signal momentum to the upside
hidden bullish Divergence and a nice cross on the MACD
high time frames still look abit bearish my only worry .
🚀 BAL BOOST 🐂Balancer is a mid cap DeFi gem haven't performed yet but looks ready for a big ride and ready for a leg up toward 40-45$. 🔥
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This is just an analysis, not a buy or sell signal. ❤️️
Bal won’t break resistance Through the Elliot model, wyckoff method, fib retracement, and other indicators did I come to the conclusion that wave 3 of Bal will not break the resistance. There is a 2% chance that it won’t but 2% is still something.
My guess is that wave 5 might offer some relief but that is not for sure to say yet.
Go long and when it hits the resistance, sell.
BALUSDT: Possible Long (26.12.2020)On D1, the price set local resistance at $ 18 (50% Fibonacci), after which a correction for the upward impulse began. At the current moment, a divergence has formed between the price and the RSI, which indicates a trend change towards the price growth.
On H4, a zigzag pattern of price movement down from the $ 18 level is clearly visible. The RSI reached the oversold level 3 times and the price reached the last 76.4% Fibonacci retracement at $ 11. At the current moment, an upward local impulse has formed, which heralds the beginning of an upward movement within the older model on D1.
We recommend buying BAL in order to hold the position up to the $ 25 level.
