BALBTC trade ideas
$BAL, crossing over ~98k sats w/ really strong influx of volume$BAL
Signalling a 1D UCTS Buy as its crossing over ~98k sats w/ a really strong influx of volume..
Willing to see if it can hold this level & flip it with continuation of volume for a potential new leg up toward ~124k sats (25%)
#BAL
BALBTC nice Cup and Handle Weekly Time FrameBALBTC nice Cup and Handle formation on Weekly Time Frame
Target ribbon ~0.00015
second target ribbon ~0.00021
BAL5 Days ago we talk about BAL
Now it`s on the first target
with a breakout over this zone, a profit over 100% is possible.
Just Be Patient
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.
BAL/BTC: Next ATH in 4 Days?Hello!
I am new to TA but I noticed an interesting pattern so I wanted to share. At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21.
I think the best way to learn is to practice and share ideas so please share your thoughts with me. I'm looking to learn as much as possible.
Best of luck!
BAL/BTC: Potential New ATH in 4 Days? Updated for 2hr Chart!Hello!
Last night I posted a chart showing my analysis for a new ATH for BAL/BTC by 2/22/21.
I stated," At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21."
I am new to analyzing charts so I didn't realize that posting my analysis on with daily candles won't be too helpful for folks if the new high is in 4 days so this post is the same chart with 2hr candles.
Let me know your thoughts! I would love to learn more from you all sharing your knowledge and critiquing this analysis.
Good luck!
BAL/BTC Ready for 200% PumpBAL/BTC
Entry = 0.0008800 to 0.0008950
TP 1 = 0.0014210
TP 2 = 0.0017600
TP 3 = 0.0023000
TP 4 = 030028000
Stop loss = 0.0003750
Tenure = 30 to 90 Days
Technical Analysis
1. BAL breaks its falling wedge
2. Breakout its bullish pennant
3. Trading above 50EMA
4. Trading above 50 at RSI
5. 200% Back Potential
You can take entry in this trade for 30 to 90 days for minimum 100% to 175% profit. Don't forget the golden rule of trading(Always buy and sell in parts). Sale bids must be placed in this trade. The targets and stop loss already mentioned in above chart from there you can set your sale bids. The original link of BAL is mentioned below from where you can check and search about this project.
Thanks & Happy Trading
10 to 1 Reward to Risk on $BAL10 to 1 Reward to Risk on $BAL - I've liquidated some coins that are failing to deliver main nets in time.
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 btc- daily looks great
- i would bid the pullback to the 8684 - 9338 supp
- one can buy small here, and keep ammo to add on the R/S flip or a pullback
$BAL, Following the bullishness across the market.. $BAL
Following the bullishness across the market..
UCTS buy signal on the daily chart (~10% up) as its starting to face 1st resistance at ~59k sats
Looking for a cross over this level / R/S flip / increasing volume as signal of continuation
#BAL
BAL/BTC Solid Bullish Price ActionIn my other BAL post (the usdt pair) I saw some strong gains on the horizon, the same goes for the BTC pair. For the last three days there has been tremendous bullish action on this pair, resulting in three consecutive daily candles of more than 10% each.
Such strong price action usually means that volume is picking up, and we're in for a treat in the near future. Since I think a lot of BTC pairs will be rising in the coming weeks after months of bearish pressure, I see this pair rising to the R1 and/or R2 resistances respectively. If BTC keeps on losing dominance we can see it happen within a few days.
Happy trading!
