Balusdtlong
BAL BTC - We have a winner in our hands.A major DeFi project that is still to undergo any significant price action, $BAL appears to be at the verge of completing a bullish iHS, a bullish divergence compounded with a bullish market sentiment. Let this baby go to the moon!
BAL/USDT - BALLANCER - Price direction at 55$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
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.
BALUSDT- BUY CHRISTMAS RALLYPreconditions:
-break out trend line
-head and shoulders
- R/R 1/5
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BAL/USDT Potential double bottom in formationBAL/USDT
the price recently lost Local support in 13$ area
Next area of concern is 9-8$
Here i can expect bulls start to enter to save this area
But still not for buying except we see good bullish signs there
If bulls saved next area from further drop it will be a good potential double bottom
but take care because if next area failed to rebounce the price it will drop in parabolic move try to find new discovery bottom
Good luck and happy trading for you all 🌹