Hi All, As per the commentary and charts, BAL is about to break out from a well established structure for both USDT and BTC pairing. All the best, S.SAri
Not much to say other than my previous idea still holds and even more. We have a cluster of resistance pretty close, but it will get smashed like it isn't even there. This is an incredibly bullish retest... So buckle up and get ready for the pump. (No investment advice)
Alright guys, with the current DeFi landscape, it's almost a no-brainer that Balancer will exceed some of your expectations! Every trade has a Risk and Reward This one is an optimal play. With new capital influx and EIP-1559 deployment round the corner, DeFi on ETH will start a new trend once again and take all the quality protocols to the upside. Let's...
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!
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
I entered sushi when I noticed that channel support is valid. (Entry 27.April) With strong set ups on many blue chip DeFi tokens, the low valuation in realtive terms of Sushi caught my attention. When Sushi closes above horizontal support it gives me signs of strength rather than weakness for now. For me, possible entries are once a channel breakout (If covered...
Keep an eye on this Balancer idea - they just dropped BAL v2 and also tweeted today: "Tomorrow is a big day for Balancer Protocol: We will be announcing a new game-changing partnership. We anticipate this partnership will revolutionize the DEX space to deliver the best experience to traders—across price, UX, and transparency." Be careful frontrunning these set...
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 $55 is our...
Nice pattern. Consolidation on the right shoulder. BIO
I take no credit for this entry, various others have reported it before me, im just recording this partly for my own tracking, its fun! Entry opportunity right now, get it as low as you can, i got it at 50.1 sats, hopefully you are in even lower! Market seems to have taken a breather the past few hours. BTC i honestly not sure where its headed, seem to be going...
BAL in a good channel, looks like we tested support line at number 4 , we may see 65-75 dollars area(number 5), lets see. not a trading advice.
Buying #BAL at range 50-55. Targets are 80 - 100 - 300 #DYOR
Analyse : - We still above the EMA 50 - RSI EMA close to be bullish - Resistance 54$ - Target 72$
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....
BAL is a coin for the project named balancer. It's pretty good platform. The price action is forming a head and shoulder here. if it manages to break the through the resistance we'll hit our target in no time. not a financial advise my own views. Thank you Happy Trading everyone