BAL/USDT Trade Setup. Balancer could be a good altcoin to enter for long. It is one of the largest automated market makers (AMM), and it will soon be available on Algorand.
Broke above the trendline and 30-35% profit can be expected.
Entry: $21.11 to $22.41
Stop Loss: $20.29
Targets:
$24.09
$25.69
$27.06
$28.83
You can enter now and add more at the dip.
BALUSD trade ideas
Balancer long in the long termBAL can be a profitable investment option. A long-term increase is expected.
BAL Up 5.37% from PreliminaryBAL has given me a 5.37% return on a 31.13 preliminary entry I took on August 23rd. I know 5% in 10 days isn't spectacular, but it's better than the interest commercial banks offer :)
Prognosis: BAL is finally stepping up and taking charge. We got a demand boost recently and it propelled the PA over range resistance, through the 1.0 Fib and caused it to wick 1.272% lower target territory. I expect Fibonacci support level retests now, and I expect them to pass.
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BAL/USDTLooking like a really good buy for spot. It has a really good setup looking like AVAX and this coin still has a low market cap. Big opportunities for BAL/USDT to go upside
35.-38 but some retracement first?More confirmation gonna move to 38. , especially if price maintain upside 28. or break upside 30 on SOS. And a break under 27.-28 on heavy supply would make us aim at a retracement to the 21.-23. area., and if it happens it is good to pay attention at the 25 area till there's also a change of light supply appearing there, pushing the price higher again.
Daily
Initial stop in action of the upward movement happened on the 11th August, after it price has been showing supply dominance ever since struggling to maintains upside.
Weekly
Showing demand absorption at the current weekly candle formation during the touch of 31, while the demand is increasing and putting effort.
Monthly
Last May showed supply absorption signs at the 21. area. & for June price got dragged to the 14. on heavy supply to after getting absorbed. And then in July going test the 15. area again showing supply effort but with a bit of decrease of it. And for this current month demand seems to be maintaining it since it did hold on the 20. support, but we can see demand putting a lot of effort for maintaining the price upward, which is telling that it probable gonna retrace before going higher.
BAL #BAL
Chart requested by our members.
On daily TF BAL did a retest of the support line and we can expect BAL to pump to 40$. Try to get it near the support zone if you get a chance.
BAL/USD Double Bottom In An Ascending Triangle?COINBASE:BALUSD
Possibly a nice bullish setup for BAL/USD, daily chart looking like a double bottom within an ascending triangle, Ready for a major move.
Could see one last tap of that rising support first before breaking out, best bet would be to wait for a confirmed breakout above that horizontal resistance before buying in.
Bullish on BAL this week BAL trend indicates a large surge in price this week. Note the reoccurring pattern this year developing. A think you can expect this to reach $35 USD this week.
BALANCER CRYPTO:SHORT-TERM PRICE ACTION IDEA|SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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balAfter a sharp drop in prices, the structure is being rebuilt. It is located at the bottom of the canal. Breaking the resistance is important and the rsi status is breaking the important resistance. Failure occurred at low times and will now grow well in the 4-hour chart with the break of the resistance range and then the pullback.
sl: 25
t:34-42
Possible move for BAL!!BAL, one of my favorite projects and a project with enormous potential. It is very possible to have a retest that will lead us to the support of 59, but there are small chances. My expectations are to break the resistance and continue in price discovery. Keep in mind that these are not financial tips, follow this idea at your own risk.
BAL LongBAL backtesting an old resistance as support, with hidden bullish divergence on both oscillators
BAL pump coming?Trending inside this channel. You can see my purchase price, stop loss, and limit order. I'm trying something new with this trade, buying when the RSI hits 30 and the MACD shows the first rise in a downtrend.
Balancer is going Down BUT..Balancer trend shows very bearish, but Balancer does come back after 3 Days. And it is moving within 10% ranges. We may see sudden move after the retest at 51.00 to 48 Dollar. It will be up trend after.
Balancer may go up fast, since it had unusual drop. Once this retest is complete, it will move up for 3 Days. Good Luck guys! Buy at 50 Dollar range! or Less
Let's see if it moves. Balancer Wave is very unusual, compare to others.
Mike Ree
