TradingOn

$BAL/USDT 3D (Binance Spot) W-shaped recovery

Long
TradingOn Updated   
BINANCE:BALUSDT   BAL / TetherUS
Balancer looks very good on High Time-Frame after regaining 100EMA, mid-term future is bright!

Current Price= 28.42
Buy Entry= 27.61
Take Profit= 51.78

Expected Profit= +87.54%

Fib. Retracement= 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active:
Entry filled

Balancer lost 100EMA support and dived, macro view still looks good so we are holding, waiting for a bounce!
If you don't feel like just holding, you can place a SL= 17.93 giving a R/R= 1:2.5


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