$BAL #Balancer Trading IdeaBAL/USD (Balancer) on 1W formed a falling wedge pattern. There is a huge potential to retest the $8.00 resistance zone.
The potential target for the ALT season would be around $32-$38. Full send after a fixed breakout through that red zone.
BALUSDT trade ideas
BAL/USDT Breakout Alert | 👀 Things are About to Get Interesting💎Paradisers, focus on #BALUSDT as it teeters on a pivotal moment. Positioned at a key support level, #Balancer is priming for a potential bullish surge.
💎After meeting resistance at $4.43, BAL now tests the waters at the crucial support of $3.45. Holding above this level could propel a bullish continuation, buoyed by BAL's solid performance above the EMA—an indicator of possible upward momentum from this juncture.
💎If BAL falters at $3.45, we might need to pivot our approach. A decline below this mark prompts us to look toward a robust bounce from the deeper demand zone at $2.92.
💎A break beneath this secondary support could signal a bearish downturn, pressing us to reassess and adapt swiftly.
💎Paradisers, keep your strategies flexible and your senses sharp. Your ParadiseTeam remains vigilant, providing strategic insights to navigate the shifts and swells of the #BAL market effectively.
BAL/USDT - Balancer: Trend Reversal◳◱ On the $BAL/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 5.208 | 5.618 | 6.405 and support near 4.421 | 4.044 | 3.257. Entering trades at 4.851 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Balancer
▣ Rank: 280
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: Balancer is a non-custodial automated portfolio manager, liquidity provider, and price sensor. The big idea of Balancer is, it is a new financial primitive that combines asset management and decentralized exchange. In traditional finance, this is similar to combining Fidelity asset management and NASDAQ’s exchange, then distribute NASDAQ’s trading profits to Fidelity’s asset holders.
◰◲ Technical Metrics :
▣ Mrkt Price: 4.851 ₮
▣ 24HVol: 1,282,328.325 ₮
▣ 24H Chng: 2.126%
▣ 7-Days Chng: -3.59%
▣ 1-Month Chng: -15.99%
▣ 3-Months Chng: 25.93%
◲◰ Pivot Points - Levels :
◥ Resistance: 5.208 | 5.618 | 6.405
◢ Support: 4.421 | 4.044 | 3.257
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.66
▣ Last 90D: 1.56
▣ Last 1-Y: -0.70
▣ Last 3-Y: -0.40
◲◰ Volatility :
▣ Last 30D: 0.82
▣ Last 90D: 0.71
▣ Last 1-Y: 0.61
▣ Last 3-Y: 0.98
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.38 - Bearish
▣ Reddit sentiment score is 0.47 - Bearish
▣ In-depth BALUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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BAL analysiswhat might happen is the price if it broke above the trendline and the resistance and its a very strong resistance i might take a long position
Disclaimer⚠️⚠️: this is not a financial advice
BAL - Stay balancedBalancer 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 ( GETTEX:BAL ) by contributing to customizable liquidity pools.
The price is close to the accumulation zone. Stay tuned
iostIn the weekly time, I consider a good growth for it, and usually a 5-wave can grow up to the high targets.
BAL/USDT should price respect key support? 👀 🚀BAL analysis💎Paradisers, turn your attention to #BALUSDT! We've observed its steadfast position, holding a pivotal support level and gearing up for a potential bullish ascent.
💎 #BAL has been under a tough line that kept pushing it down, but it recently broke free and is now sitting comfortably at $4.558 support. If it keeps up the good work here, we could see it jump up past $5.871 resistance.
💎 But, if #BAL starts slipping and can't stay above $4.558, we might need to change our plans. We're looking at a possible bounce back from $4.307, a spot it's hit before, showing there's a good chance for a pickup. Dropping below this point, though, could mean more drops ahead, so let's stay sharp and make smart moves with #BAL.
BAL/USDT Get ready to seize an excellent LONG trading chance!BINANCE:BALUSDT The recent breach of a major trendline on the weekly chart for BAL/USDT signals an enticing long trading opportunity. With the price now situated above this level, prospects are bright for a potential target range of USD $60 to $70.
#BAL/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $5.855
Take profit 1: $7.351
Take profit 2: $17.000
Take profit 3: $72.297
Stop Loss: $3.180
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
BAL/USDT CUP FORMATION BULLISH STRUCTUREBAL is trending in cup structure from past 300 days & trend continues then we might see a bullish wave up to 50% -70% growth in few days.
Targets are given here alongside in chart.
BALUSDT 2DInverse Head & Shoulders formation on #BAL 2-days chart. MA50 and $4.104 level are acting like a good support. Currently it is facing with MA200 and horizontal line $4.848
Targets are:
$5.450
$6.052
$6.909
$8.000
BALUSD 2D#BAL ~ 2D 📈
Make purchases gradually after breaking through this resistance line, target at least 20%+
BAL very Bullish BAL will touch the stars.
Breakout of trendline
Breakout of residence
Waiting for retest of breakout
BAL - buy the F**** dipHi guys, hope you are doing fine. Just look at BALANCER. We are laying on the ground. All indicators are laying on the ground. Soon we will have some breakout and we will go up. Dont miss this opportunity. Regards!
bal long ideatwo zones i will look to enter bal, bullish so i dont know if we will get it. missed a nice short but it is what it is.
BAL swing longPrice is consolidating above ema 50 now and so it could bounce and pump good
If price goes below then SL to avoid big drawdown
Educational purpose only
Nfa
BALUSDT 1W LONG📈Hi all. Timeframe 1 week. BALUSDT has broken through the wedge resistance on growing volumes and is consolidating above the key support. I assume the emergence of an upward trend. I'm considering spot recruitment now. Depending on your type of trading and risk management, long entry points are also possible on lower timeframes. Marked goals and levels on the chart.
Balusdt cap and handelThe cup and handle pattern is evident in the daily time frame. It has also stabilized above its important resistance. Follow me to see my high range analysis every day.
Comment your opinion
$balreclaimed 21 ema on weekly went back down then up now closed above 200 ema on daily and looks to be retesting it
target above for first tp flip that and a way bit more to go
invalidation a close below the 200 ema on the daily so shall be monitoring it for now..
BAL IS ABOUT TO MOVE FASTER STILL %35 TO BE EARNEDBal coin is under valued and in an uptrend , lets see.
Review and analysis of BAL in the daily time frameIn examining this coin in the daily time frame, we notice a change in the structure from downward to upward, which indicates that higher floors and ceilings have started to create a trend with small price corrections, and it is obvious that this is due to the sharp movement and excitement in the growth. If there is no price, there will be no deep price correction, and according to the level of demand created, you can enter the spot purchase transactions in Target.