BALUSDTRobo Bearish, We are bearish. Best time to buy at the support level of $16.40, next support $12.65 or when the resistance turns into support, candles open and close above $24.48. Or wait for the signals. G
BALUSDT.P trade ideas
BAL Starting To Get Interesting MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
BAL starting to get interesting and on watch to see signs of a bottom
We will be trading this in our live trading room
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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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.
BALANCER Showing Strength!#BAL/USDT
Entries in the 71.70 to 63.5 range, it is currently approaching the previous ATH, expecting a pullback for us to enter before going for the upside
Targets for short term scalping can be 75, 76.976
Mid term targets that I expect to be hit in 1-2 weeks are 94.115 and 120
BALUSDT Going to pullback to ATH? 🤔Hello Traders. I hope you are having a fantastic day.
Today I want to share my thoughts on BAL. Well, price was moving in a channel for about 3 months and now as you can see on the chart, momentum of
the bull run was getting weak ( yellow arrow ) and each time price was creating a weaker high compare to the last high. So the price was expected to fall.
Now it has broken the support level and has made a pullback on shorter timeframes and has gotten rejected. Also the negative divergence in RSI was obvious.
Another reason for me that price can go lower is that it has lost the 50 MA and 100 MA support on daily and if the daily candle closes below 100 MA ( green line)
then it is likely that the price is going to touch the 200 MA ( blue line ). Also in the daily, price has lost the ichimoku cloud`s support. Also the volume is not noticeable in this area. So in my opinion, when the daily candle closes and if it closes below the 100 MA and also below the support level of the channel, then you can open a short position here. Targets can be 44$ and then 40$. Stop loss if the daily candle closes above the support line and 100 MA.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on BAL and don`t forget to comment what you think. ✌
Triggered Trade on $balSo as you can see we got a slight pullback and boommmm price triggered TP 1 AND TP 2 as planned nice profit for the week and note this I drop analysis for long term trader I mean spot traders
While short term analysis for scalpers
Am seeing some encouragement to those who liked so GREATFULL.
GOD BLESS
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Balancer at the end of the 1st wave of Elliottcrab harmonic pattern:
AB=0.61 XA
BC=0.88 AB
tp1=1.6 BC=$97
tp2=2.6 BC=1.6 XA=$465
tp3=3.6 BC=$2075
BAL / TETHERUS PERPETUAL FUTURES LONG in the specified area.
Price action trading.
There is always a risk of capital loss for any investment. The investor shall make the final decision after studying and researching each provided analysis extensively and shall take responsibility for any consequences.
Balancer AMM and Defi Protocol; BAL/USDT analysisBalancer mission is to become the primary source of DeFi liquidity by providing the most flexible and simple platform for asset management.
❇️ COINMARKETCAP's DATA :
Rank #136 kind: Token- On 39,755 watchlists -
Market Cap :$448,088,157
Volume24h:$184,689,336
Circulating Supply :6,943,831 BAL -- 7%
Max Supply:100,000,000
Total Supply: 35,725,000
What Is 🌟Balancer (BAL)🌟?
Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.
❇️Balancer is similar to #Uniswap and #Curve, in that it enables anyone to create pools of tokens. The pool adjusts itself to keep the tokens equally weighted regardless of changes in their price. However, one unique feature of Balancer is that more than one token can be added and ETH isn’t required.
Although, Balancer isn’t the first DeFi protocol to make use of AMMs, however, it has brought a new face and approach to liquidity.
❇️Who Are the Founders of Balancer?
Balancer Lab was founded by Fernando Martinelli and Mike McDonald, but it began as a research program at a software firm “BlockScience” in 2018. The Balancer project features intelligent, like-minded fellows with an acute understanding of the DeFi space.
coinmarketcap -- balancer.fi
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✅TECHNICAL ANALYSIS
As you can see in the Weekly time frame chart for BAL/USDT, the price is trading around 65 $ .
Although there are many upward signs, such as the cup pattern, etc. for balancer , but certainly not yet reached its final target.
And we see that the ascent continues to advance in a its trend line , and we can imagine an ascending channel, that BAL can correct down to the bottom of this channel near the green support areas, or even reach the ceiling of the canal , near its targets, and no definite decision can be made. Therefore, you should use every opportunity to enter a long position.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you're fan of my analyses you can support me with your 👍 likes 👍 and 💭comments 🗯
Is BAlUSDT ready for a correction?As we can see the price which currently is fluctuating in a pattern,has started a strong upward trend and broke its ex ATH.. however there are some significant signs of weakening of bullish trend including divergence in RSI and MACD. i think BALUSDT will see a retracement in coming days. the major support zone is 34-35 $.
Pls share your idea in comment.
Good luck..
#NFA
BALANCER BALUSDT breaking out to new heights?Balancer has been consolidating, and now broke out of that consolidation with a target set for new ATH.
Blue line is my entry
Green is my target
Have a different opinion? Feel free to tell me what I am missing.
BAL ANALYSISso as you can see this looks like it wanna dump so if price breaks above exit
First tp posted
Second posted
Second to looks far 😄 but
Lets see
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BALANCER LABS - Macro Bullish Continuation - BAL/USDT 3DAlright guys, with the current DeFi landscape, it's almost a no-brainer that Balancer will exceed some of your expectations!
Every trade has a Risk and Reward
This one is an optimal play.
With new capital influx and EIP-1559 deployment round the corner, DeFi on ETH will start a new trend once again and take all the quality protocols to the upside.
Let's go!
..
..
This is (OBVIOUSLY) not a financial advice!
BINANCE: BAL/USDT🛒 Pair: BAL/USDT 🛒
== SPOT==
⏰ 1400/02/11 ⏰
🕰 01/05/2021 🕰
Duration:
📈 SHORT - MID📈
Ex: Binance
#177
🛒 Buy : 64 - 65 🛒
👉Sell Targets👈
🎯TP1: 68 🥉
🎯TP2: hidden🥈
🎯TP3: hidden 🥇
🎯TP4: hidden 🚁
⛔️ SL: Closing Daily candle below 59
Both pairs are in good shape and BTC pair is about to break out too. i recommend to buy and hold for few days.
I prefer USDT for safer trade but BTC pair looks ready to break after 4 attempts.
For BAL/BTC you can buy after breaking 0.0018 level.
BAL GOING FOR ANOTHER KILL, ANOTHER BALANCEMAs are perfectly lined up!
The resistance zone, which is designated in red, seems to have grown soft with repeated swings!
MACD in the 2H is on the verge of a positive cross, boosting the chances of a cross in the 4H timeframe!
RSI seems poised to fly higher!
Ultimately don't forget that BAL V2 is coming in 2021! So, if you're hodler, keep your BAL tight! Great team behind the project!
