BAL/USDT 1HR ChartNeed a break and close above the 20EMA
Break above the 50 line on the RSI to signal momentum to the upside
hidden bullish Divergence and a nice cross on the MACD
high time frames still look abit bearish my only worry .
BALUSDT trade ideas
BAL/USDTit has the single candle scope to achieve the target. Really good to enter in trade. Also trade with risk management.
BAL 3d ChartBalancer looks to have bottomed and is starting to move. If it gets there, the $30-35 price range will be tricky, but considering the volume uptick and the general market trend, it wouldn't be out of the questions for it to smash through and successfully retesting the range on the first try. Balancer is part of many of the different defi indexes such as DPI and DEFI which could certainly give it wind, if the rest of the components start taking off.
DEFI Perp published idea for reference:
BAL Bullish Triangle BAL Is ready to break out of a bullish of symmetrical triangle on the daily. Confirm break out with a retest and then she is off! GL!
BAL/USDT - Potential +235% Investment SetupHello Traders!
BAL price is consolidating in the active trading range of $18.84 - $23.55
The best time to buy is near the lower boundary of this range, the level of $18.84
It is advisable to place a stop loss under the price level of $13.24
Target medium-term purchases will be price levels of
$35,55
$40,00
$50,00
$63,25
There is excellent medium-term trade potential opening up. The risk/reward ratio is more than 7!
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BALUSDT Technical Analysisโณ Spot
๐ BALUSDT has got rejected from the support zone. It has also formed a triangle. The price is moving towards the upper band of the triangle, if it breaks above it it will go higher.
๐ Tradingview
๐ Short & Medium Term
๐ต Invest Only 5% of your Portfolio
๐ณ Entry at Market or at 22.50
โ๏ธ TP1 24.24
๐บ TP2 27.27
๐ป TP3 30.00
๐พ TP4 34.34
๐ท TP5
๐ธ TP6
๐น TP7
๐ TP8
๐ซ SL 21.21
Good Luck ๐ฒ
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BAL - at the verge of breakoutBAL is at the verge of breakout. open long position at breakout and hold it for solid gains.
BAL is one of the strong projects and will explode soon.
BALUSDT Broadening WedgeBALUSDT Technical Analysis Update
BALUSDT currently trading at $22.59
Broadening wedge pattern
Long Entry: Above $22.50
Stop loss : 21.40
Target 1 : $23.55
Target 2 : $24.40
Target 3 : $25.75
Max leverage : 2x
Always keep stop loss
BAL hold to moonset up beautiful
thanks
best Entry line yellow
Tg line green 1-2-3
Stl red
thankssssss
BALUSDTโณ Spot
๐ BALUSDT
๐ Short Term
๐ต Invest Only 5% of your Portfolio
๐ณ Entry at 21.90
โ๏ธ TP1 22.35
๐บ TP2 22.57
๐ป TP3 22.78
๐พ TP4 23.00
๐ท TP5 _____
๐ธ TP6 _____
๐น TP7 _____
๐ TP8 _____
๐ซ SL 21.45
Good Luck ๐ฒ
BALUSDTBAL has reached to the channel's lower band and it is getting ready to strat a bullish trend.
there is a downtrend line in lower timeframe , after the downtrend break out a good move is expected.
BAL/USDT Analysis BAL/USDT forming a double bottom pattern on the 8h chart the price is above all the EMAs (20 50 100 200) shows a potential bullish move is expected.
Green= Buy Range
White= TPs
Red= SLs
Enjoy the trade, Cheers!
-Mr. Khan
BALUSDT is creating a channel ๐ฆBALUSDT is creating a channel after the bearish impulse. If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
BAL created falling wedge over on weekly trend line !Hello traders , in this idea i wanna to talk about the BAL ; so let's start with the beiger time frame first :
here we have weekly time frame :
in the weekly chart , you can see price hold above the red support line (weekly trend line ) ; and also there is some similarity in the chart , because when you look at the RSI you can find out that RSI is in the same level , when BAL price created the first W pattern over on the weekly trend line .
also you can say it's very possible to see another W pattern , because already price is on the weekly support .
but let's look at the daily chart :
in the daily chart you can see price created very clear falling wedge over on the strong weekly trend line , so how we can calculate the price targets of this pattern , i think there is 2 different way to calculate the price targets :
1_consider this pattern as falling we :
as you know the technical target of the falling wedge should be the top of the wedge , but i like to measure the targets like this :
by using the fib level , you can say the target could be around 0.618 and 0.786 , but before open any position we need to look at the smaller time frame to find best place to open long position .
2_ consider this pattern as flag :
if you consider this pattern as flag , the technical target could be very higher than the targets of the falling wedge ; but also it's make sense to take some profit around the falling wedge pattern .
if you draw FIB pro , you can see higher price target for this pattern , the first one is 0.618 which is very alignment with the technical target of the falling wedge , but you can also look for the higher price targets , and don't forgot to take profit around 0.786 , near to the weekly structure( red box) because it's very very possible to see hard rejection from that level.
let's look at the smaller time frame to fine best place to open long position :
in the 4H time frame you can see price is already in the down trend and is below the ema ribbon , also price is below the yellow trend line (4H resistance line ) , but it's seems to price created something like W pattern around this level ; so wait for the clear break out from the 4H resistance line and also close above it , then you can open long position , but for higher price targets , first price needs to break the falling wedge .
I hope you enjoyed this analysis.
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Did we just Bottomed Out on BAL?Anything under $20 for BAL is a steal imo, however, not a bad entry here!
BALUSDT - Long - Potential 54.54%BALUSDT - Long - Potential 54.54%
Exchanges: FTX, Huobi.pro, Binance, Bittrex, KuCoin
Signal Type: Regular (Long)
Entry Zone:
19.17 - 21.82
Take-Profit Targets:
1) 23.30
2) 27.85
3) 33.65
Stop Targets:
1) 17.11
Entry Triggers- Coming in from heavy overselling following the BTC correction. Bounced off support as volume looks like it will move to alts with BTC consolidating. In a confirmed reversal after nice volume pump low volume ahead until as yet untouched weekly pivot at 26.04.
Checking the weekly watchlistEverything about BAL/USDT is well defined on the chart and in order for the price to grow, the specified resistance must be broken in the first step .
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BALUSDTHi friends
Maybe the triangle of formation and failure will take place from below and sell it
What are you think?!
bal/usdt is making bat bullish patternbal/usdt is making bat bullish pattern that give you short term quick profit
time frame : 1hour
DYOR