BALBTC trade ideas
BALBTC nice breakout the from falling wedge 🦐BALBTC nice breakout from the falling wedge, and now the price is trying to have a breakout from daily resistance.
IF the price will have a breakout and flip the previous resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BALBTC - Long - Potential 7.71%BALBTC - Long - Potential 7.71%
Enter - 9006
TP1- 9260
TP2- 9701
SL- 8411
- RR - 1.25
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
BALBTC - Long - Potential 14.09%BALBTC - Long - Potential 14.09%
Entry- 7892
TP1- 8198
TP2- 9029
SL- 7324
- BTC consolidating - ALT volume rising
- RR - 1.95
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
BALBTC - Long - Potential 9.76%BALBTC - Long - Potential 9.76%
Entry- 7522
TP1- 7829
TP2- 8249
SL- 7059
Triggers;
- Local Resistance Double Break
Notes;
- Trailing Buy, TP & Sl
BAL/BTC (Bearish Retest Done)💎Technical Analysis Summary💎
BINANCE: BALBTC
-After breaking its key support last October 15
-The price came back and retest but turns out to be new resistance
-BAL started making a new lower low on this strong downtrend
-If the Bears can keep the momentum alive
-The downside target is around 9100s sat or reverse Fib support 1.618
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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BALBTC - Long - Potential 24.22%BALBTC - Long - Potential 24.22%
Enter- 19515
TP1- 21559
TP2- 24241
SL- 16613
Happy Trading! Let me know what you think of the idea!
Balancer (BAL) Review + TargetsSignals&Indicators
Overall trend in upward channel
We have harmonic pattern bullish "white swan" (With approximate ratios)
In the end of last wave higher low and candle appears tweezer bottom (marked with red light)
RSI continue movement on middle line call "50"
For more precaution we can wait until price get to MA 10
BAL/BTC (Prev Support Turned Resistance?)BINANCE: BALBTC
-Old support is now turning into a new resistance area
-If BAL unable to break above 21k sat, the downside scenario is high
-It may retest the previous support and form a potential double bottom
-Once a short term reversal happens, the target is up to 25k sat area
-Another Bearish setup, if green support failed
-The next downside target is 14k sat zone
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$BAL, Reached ATH BTC resistance level...$BAL
Reached ATH BTC resistance level...
Looking for interaction w/ this level for a potential breakout // R/S Flip as entry & signal of continuation...
UCTS showing buy signals across multiple low timeframes, the chart is too short for HTFs analysis..
#BAL
BALBTCLast time I analyzed BALBTC it reached its targets and we took a good profit. This is an update of this coin and I think it can grow more and more.
Here you can see my last analysis:
BAL/BTC (Potential Breakout?)BAL/BTC
-Balancer is currently testing multiple times the resistance area
-We can see a key zone where the price keeps rejecting at 23000 sat
-If you missed buying the low price at around 15000 sat
-This time, you will have to play the breakout confirmation
-Entering on a strong break of resistance or pullback retest of support
-This is a momentum trading style of entry, you are riding the strength
-The potential upside scenario is up to 31300 or higher using Fib extension
-Ideal stop-loss is below 22000 sat because we don't want the price going lower
-Since our trade bias is through momentum breakout
#Balancer End of correction #BAL BTC Short Term
We expect that the correction has ended and the price will enter a strong bullish wave
Don't forget about risk management
Do not forget to support the idea by clicking the like button
BAL breaks the trendlineBAL breaks the trendline. Expecting to move. Possible targets mentioned on the chart.
BALANCER BAL BTC, 60Final wave before breakout upside, If fails exit position.
I'm not your financial advisor. DYOR
BALBTCThat's a new coin that has been listed in Binance and after that grew a lot. We see some consolidation and we can expect a new upward movement on this coin.
