BALUSDTBAL is at the bottom of the triangle and can Be supported and will brake out of the triangle and after poolback go for 89$
BALUSDT.P trade ideas
$BALUSDT - Inverted head and shouldersHello everyone!
Inverted head and shoulders spotted on Balancier.
Resistances are on the chart. Good luck!
BALUSDTPERP- Long - Potential 10.90%BALUSDTPERP- Long - Potential 10.90%
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Entry Zone:
56.840 - 58.700
Take-Profit Targets:
1) 61.248
2) 65.065
Stop Targets:
1) 54.475
Trailing Configuration:
Entry: Percentage (0.0%)
🔥 BAL Short-Term ChannelSince the major sell-off of last week, BAL is regaining some lost ground. On the H1 chart, a clear channel pattern is visible. It's, contrary to most channels, not a big channel spanning over several weeks. This channel is produced in a week, which makes this trade a trade with a short time-span.
Assuming the channel will hold, the current all-time-high will be a great target, achievable in a couple of days.
Happy trading!
BAL Possible Parabolic ContinuationBINANCE:BALUSDT has been on a good trend up this year, going from the low-teens at start of January to nearing $60 start of April. The chart looks prime to continue its ascend. It has a nice rounded base and all re-testing has respected the parabola. Considering the type of project, it is not far-fetched to imagine BAL going on a true parabolic advance similar (percentage-wise) to other AMM-based projects.
Market-permitting, I see this going a few multiples higher.
BALUSDT - EW analysis - 5th wave upBALUSDT - It is in 3rd of 5th of 5th wave up so pump it with stops below 49.86 and the target level would be 66 or higher.
Give a thumbs up if you really like the Elliott wave analysis.
[35%] BAL / USDTAnalyse :
- We still above the EMA 50
- RSI EMA close to be bullish
- Resistance 54$
- Target 72$
Cup pattern BINANCE:BALUSDT
cup pattern will start an uptrend if it doesn't gows down from red line.
BAL/USDTBefore entering the trade, wait for the price to bounce and confirm the new trend.
Happy trading!
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🔥 BAL Bullish Channel BounceBAL, like most other cryptos, has seen a strong decline in value over the last few hours. At the moment, BAL is residing at the bottom support of said channel, potentially getting ready to take off again.
Before entering the trade, wait for the price to bounce and confirm the new trend.
Happy trading!
BAL-USDT(Descending Triangle breakout)
Balancer is among the top 10 DeFi assets in terms of TVL on its protocol. Currently, $1.5 Bn is locked on its protocol.
After hitting its All-Time High on Feb 12, it retraced back and was continuously taking support from the 20 DEMA. On March 6, it appreciated by ~17% and is currently indicating a continuation of the bullish trend.
On 1 Hr Time Frame, It has given a Breakout from the trendline. The 20 Hourly EMA and the trendline support has given support to the Doji candlestick as indicated on the chart which depicts a Retest after the Breakout.
Key Levels to watch out:-
The supports to the lower side are present at $42 followed by $40 .
The resistance to the higher side is present close to the All-Time High Level of $52 . If it manages to close above ATH, a further move to the levels of 1.272 Fib level placed at $63 can be expected.
BALUSDT will touch 65 and 85$ in midtermAfter a strong break out of the 33-36 $ level, I expect that BALUSDT will be touch 64 and 84 prices asap!
