BAL has been trading in bullish trend.
The price has been holding an important rising support.
Now the price has approached to the rising trend line .
The bulls need to hold this support and so can show a strength at this level.
Manage your levels accordingly.
Did we break the resistance on the upside ?
Is the resistance tested/confirmed ? maybe a nice time to buy ?
Should the SL be set at the resistance line that is now a support ?
what do you guys think ?
HI GUYZ
As you can see in the chart, we see a reversal pattern (QM)
By examining other factors, we can expect an upward correction trend.
Also, there is a possibility that the price will touch the cloud ceiling by checking the cloud
The price has validly broken the one-hour cloud and created a flat state,
may be touched by the price again. If the price...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BAL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#BALUSDT
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Price reached : 13.050$ ✅
Profit: 202 %🚀🤑
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Baal was a title and honorific meaning "owner", "lord" in the Northwest Semitic languages spoken in the Levant during antiquity. From its use among people, it came to be applied to gods. Definition from Wiki.
Interesting coin, named after a god. Pay attention to the volume coming in(shown on the chart).
In the secondary trend the downtrend has formed(red line on...
PHEMEX:BALUSDT
Balancer's (BAL) algorithms manage interactions between liquidity providers, liquidity pools, and traders to rebalance assets and find advantageous prices for users.
Balancer's average volume is 23K but its current trading volume is 147K on Phemex Spot Exchange. Expecting this to run the next couple of days to retest highs of $7+
Entering...
As you know I am sharing with you all the possible increase cycles and only cycles where I have huge expectations it will go.
BAL is one of the best and is even the best coin at this moment with the best cycle trend on cryptocurrency to show coming time a breakout.
The target of this coin is above 16 USD . which means around 168% increase is expected in the...
Hello, dear traders. how are you ? Today we have a setup to Sell/Short the BAL symbol.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
We are in a time where the markets are still not stable. Also in a time where more take profits did than before, where before times there was more building coins trend.
At this moment it's very hard to find a long-term building coin, but not impossible.
When we study the markets depending on last trends we found out that BAL can play an important role coming...
BAL: THE 4H Range breakout
interesting to follow and see trends.
This coin was already made some increases before, but since today it seems to confirm.
One moment of writing the price below 6 USD.
Markets can be very hard, so please think about your SL on any trades you made.❤️
Hello my dear friends
Well, we will check one of the most negative of the month (:
The support range of $4.945 has been maintained and a positive RSI divergence has been issued in the four-hour timeframe.
If the current trend is above the blue range ($5.302), there is a high probability of forming an upward trend similar to the drawn scenario.
We would be happy...
The price is testing the daily resistance after the market created an M pattern, after a clear rejection of 8$ daily resistance.
How to approach it?
IF the price is going to lose the 4h support areas and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red...
BINANCE
