LinoCerrus

Balancer-ideas for the next weeks.

COINBASE:BALUSD   Balancer
From a historical pattern (just the days before the upwards trend-channel started here), I assume 2 scenarios, of which 1 (white) is bullish and 1 (orange) is bearish including retesting the FIB-levels below at 45$ and 38$.

Keep in mind: most ALTs are dependend on Bitcoin, so if Bitcoin does crazy things, most ideas in ALT/USD-section might become obsolete.

Good luck.
Trade carefully.
Be happy with 10% every here and there.
Consider stop-losses
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.