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.Longby Nima-K2
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 ------------------------------------------------------------------------------------------------------------------ ✅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. -------------------------------------------------------------------------------------------------------------------- 💥(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.) -------------------------------------------------------------------------------------------------------------------- 👉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 🗯 Longby PRO_SMART_Trader4
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.. #NFAShortby Kai13sk1
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.Longby eBlockChain114
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 Like share follow Thanks for readingShortby cryptosniperHVT111
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! Longby varunsm08123
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.Longby bitcharger1114
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!Longby Djawad_AfshariradUpdated 6
BALUSDT Resistance Zone BreakoutBALUSDT (2H Chart) Technical Analysis Update Symmetric Triangle Breakout BAL/USDT currently trading at $63.80 Buy-level: $63.00 - $63.80 Stop loss: $56.20 Target 1: $66.20 Target 2: $68.80 Target 3: $72.60 Target 4: $80.00 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.Longby GreenCryptoTrades11
BAL 1H BUYAlso set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signalLongby Oh2bbbbb2
Balancer BALUSDT ready for a breakoutHello all, A quick trading idea here: It concerns Balancer's BAL token, which is now back into the macro uptrend channel after making a 37% retrace from its all time high back down to the demand zone near $45. I will be looking for a breakout in the current around the diagonal resistance on the 4-hour timeframe: 4-hour candle closure above $55 is our trigger. I have placed 3 targets on the chart based on the last visited high and the Fibonacci extension + the target % for the triangle pattern breakout. Cheers,Longby FutureBlockchainUpdated 226
BALUSDTAfter breaking the long-term uptrend channel, which due to the impact of bitcoin fall and after trying again to enter the long-term channel, the floor of the long-term channel has become resistant and is expected to enter the new downtrend channel. #BALUSDTShortby aliebrahimabadi2001112
BALencer// Strong Trending ChannelBalencer has been moving within this channel for a while with price strongly respecting the areas of resistance along the TLs. More recently we had a break of the TL due to a BTC sell off but was followed with a swift recovery (both times). This suggests a lot of volume and buying momentum IMO, people are seeing these zones and taking advantage. The next strong area of resistance will be at the 38% level which was the top of an M pattern previously and the nose of the more recent M pattern. An entry now would likely be met with some resistance at that level and if done, that should be a safe TP to get in and out before we know if price can sustain this momentum. The other ideal entry would be once prices settles above 38% and we see its a clear support. at that point, we can use the 50% level (not shown) as a tight SL zone with 0% and -27% as TP targets. Previous analysis linked.by N0ST0PL0SSUpdated 6