In the crypto market now it seems a lot of uncertainty, such as whether it will continue rising or will it crash by 20% or more. Well, the risk of a pullback remains high but there are some coins that still show good growth potential. In this case, it is BAL, which might be the one growing faster than others.
I just wanted to share a quick trade I just took. I took a short position as price re-entered our shortterm breaker and sniped a 1:15 trade taking most of our profit at the 50% fib and with our final take profit almost at 1:42 ! (Btw I noticed not many of you guys look at my other charts besides BTC and ETH, but I think my other alt coin trades are...
On 4H chart of BAL USDT Perpetual, there's a bullish cypher harmonic pattern shaped.
Suggestion follows as below;
Entry: Around 22 (In the green zone, if possible)
SL: Very close to but just below point D in the chart (21.15 area)
Target 1: Fibo 0.768 - (24.80 area) Profit Suggestion: Sell %40 of your position
Target 2: Fibo 1.000 - (26.40 area)...
Price action trading.
There is always a risk of capital loss for any investment. The investor shall make the final decision after studying and researching each provided analysis extensively and shall take responsibility for any consequences.
#BALUSDTPERP - long
Hello friends. Just saw a bullish falling wedge pattern. As we all know from technical analysis, the price movement must be up. At the moment, there is a strong consolidation and the volume of sales is gradually falling, so I expect a surge in prices. We observe risk management and only then open a position!
If you like my ideas, then do not...