MAs 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...
Not much to say about Balancer other than it is a very important DeFi protocol, with traction and lots of things coming up for it. In terms of price action it looks a lot like Uniswap and they are both ready to go higher. The resistance has been tested many times already and the breakout is coming!
BALUSDT (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...
BAL / BTC BAL show strong uptrend since beginning of 2021 we can see in chart gaint ascending traingle the upper (weekly) resistance of traingle tested multiple times I think we will have Breakout soon 🔜 Good luck
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Hello 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...
BAL in a good channel, looks like we tested support line at number 4 , we may see 65-75 dollars area(number 5), lets see. not a trading advice.
BAL has formed a beautiful triangle on the H1 chart. Since it's currently residing at the bottom of said triangle, chances are that the trend will reverse shortly and BAL will shoot upward towards the triangle resistance, potentially breaking out of the tiangle if bullish momentum allows it. Happy trading!
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.
Buying #BAL at range 50-55. Targets are 80 - 100 - 300 #DYOR
Since the major sell-off of last week, BAL is regaining some lost ground. On the H1 chart, a clear channel pattern is visible. It's, contrary to most channels, not a big channel spanning over several weeks. This channel is produced in a week, which makes this trade a trade with a short time-span. Assuming the channel will hold, the current all-time-high will be a...