BAL, one of my favorite projects and a project with enormous potential. It is very possible to have a retest that will lead us to the support of 59, but there are small chances. My expectations are to break the resistance and continue in price discovery. Keep in mind that these are not financial tips, follow this idea at your own risk.
BALUSD - EXIT +36.23% ROI Closing BALUSD and Converting to DAI.
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.
Watching several trends here so I can add to my position.
Balancer trend shows very bearish, but Balancer does come back after 3 Days. And it is moving within 10% ranges. We may see sudden move after the retest at 51.00 to 48 Dollar. It will be up trend after. Balancer may go up fast, since it had unusual drop. Once this retest is complete, it will move up for 3 Days. Good Luck guys! Buy at 50 Dollar range! or...
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....
Hello my friends. Keep it in your watchlist, We have 2 scenarios. If the price maintains the baseband and the pullback is approved, I expect growth, otherwise comes down. So look at the circles. Good luck. If its useful like it please as a support and follow me for next analysis :)
looking to confirm this in about an hour to see where the upside targets will be. It's been a good ride and don't expect it to stop just yet
Nice Re-Breakout occured on BALUSD. Look at yesterdays KSMUSD entry, on the crypto its most of time better to enter on the 2nd break (move over a green 1 hour bar) not directly if the market trades above prior days high...
Hello Everyone ! ! I hope you'll Appreciate our Advanced Analysis on Price Action ! Check the Link on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Strategy : BULLISH CHANNEL + ABCD Have a Good Take Profits ! ! !
may back test upper portion of the trading range but i like this to go parabolic this week may see $200... gl to all...