BALUSDTPThe Massive rejection yesterday on Balancer, suggests bear pressure on the price as it tapped two significant supply zones in quick succession. Hitting 7.46 region was testament that price can still reach June price range, but I'll take that as inducement for the time being until the demand zone below is swept for liquidity. The wick from October's CPI announcement remains unmitigated, and I'll be targeting there for a minimum take profit.
Balancer
BAL/USDT Trading ScenarioAfter reaching a local maximum in 2024 at a price of $6.192, the asset has since declined, hitting a low of $1.544, a drop of over 94%. Currently, the asset is trading near this minimum price. The volume profile in this price range indicates strong interest from market participants for accumulation.
Given this interest and the current market dynamics, there is a likelihood of continued short-term decline, which could trigger additional liquidation of weak positions and create more favorable conditions for further accumulation. This may lay the groundwork for recovery and potential growth of the asset as the market stabilizes and investor sentiment shifts.
Has #BAL Hit Bottom, or Is There More Downside Ahead? Watch OutYello, Paradisers! Are you ready for what could be a huge move on #BAL? Let's discuss the latest analysis of #Balancer to see what's happening:
💎#BALUSDT is currently showing strong signs of a bullish continuation, holding steady at the critical support level around $1.76. We’ve been closely tracking Balancer’s journey within a Descending Broadening Wedge pattern, and now it's making a move to break through that descending resistance line.
💎Volume has been solid for a while now, and just two months ago, GETTEX:BAL made its all-time low. You know the saying, "Once we hit the bottom, the only place left to go is up!" sounds completely true in this scenario.
💎If GETTEX:BAL maintains its strength at this level, we could be on the brink of a significant rally, following past bullish trends. A breakout above the $2.57-$3.07 resistance zone could pave the way for higher targets and potentially new highs.
💎However, If momentum fades around this critical support, a pullback to the lower demand area near $1.533 could be on the cards. A daily close below this demand area would invalidate our bullish outlook and could signal further downside ahead.
Stay vigilant, Paradisers, and closely monitor #BAL's price action.
MyCryptoParadise
iFeel the success🌴
BALUSDT 1WBAL ~ 1W 📈
#BAL We are considering making gradual purchases on this Support block with a target of at least 20%+
BAL/USDT Breakout Alert | 👀 Things are About to Get Interesting💎Paradisers, focus on #BALUSDT as it teeters on a pivotal moment. Positioned at a key support level, #Balancer is priming for a potential bullish surge.
💎After meeting resistance at $4.43, BAL now tests the waters at the crucial support of $3.45. Holding above this level could propel a bullish continuation, buoyed by BAL's solid performance above the EMA—an indicator of possible upward momentum from this juncture.
💎If BAL falters at $3.45, we might need to pivot our approach. A decline below this mark prompts us to look toward a robust bounce from the deeper demand zone at $2.92.
💎A break beneath this secondary support could signal a bearish downturn, pressing us to reassess and adapt swiftly.
💎Paradisers, keep your strategies flexible and your senses sharp. Your ParadiseTeam remains vigilant, providing strategic insights to navigate the shifts and swells of the #BAL market effectively.
BAL to $30 Looks like a great entry for the Balancer coin. One of the Top DEX different EVM chains with over a billion dollar in TVL. Having fantastic tokenomics and continuous revenue throughout the bear market as well.
Definitely one of the low cap coin to keep in the bag.
To The BalThis precious asset is simply destined to succeed, but will it be a successful fall or a successful rise? Time will show.
BAL/USDT Get ready to seize an excellent LONG trading chance!BINANCE:BALUSDT The recent breach of a major trendline on the weekly chart for BAL/USDT signals an enticing long trading opportunity. With the price now situated above this level, prospects are bright for a potential target range of USD $60 to $70.
#BAL/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $5.855
Take profit 1: $7.351
Take profit 2: $17.000
Take profit 3: $72.297
Stop Loss: $3.180
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
Balance #BAL breaking out inv. head & shouldersIt doesn't have huge targets
but it is a safe , solid , play .... meh
Good pattern though!
BALUSD 2D#BAL ~ 2D 📈
Make purchases gradually after breaking through this resistance line, target at least 20%+
BAL/USDT Preparing for a Bull Journey? 👀🚀 BAL Analysis💎 Paradisers, direct your focus to BALUSDT, as it showcases a compelling market behavior. This asset is hinting at a possible bullish progression from a crucial support level.
💎 Recently, Balancer encountered resistance at the $4.43 level. Presently, if BAL can sustain its position at the important support level of $3.65, we may witness a bullish trend continuation from here. This optimistic view is further supported by BAL's robust performance above the EMA, suggesting a continued upward trajectory from the support.
💎 Conversely, if BAL struggles to maintain its ground at the $3.65 support, a shift in strategy might be required.
💎In this alternate situation, we could prepare for a bearish movement starting from a lower demand zone at $3.65. Notably, if BAL breaks below this level, it could be indicative of an emerging downward trend.
💎 Stay alert and ready, Paradisers. Your ParadiseTeam is here to equip you with the necessary insights for navigating these market scenarios, ensuring your trading decisions are well-informed and strategically sound.
BAL/USDT upward momentum? 👀 🚀 BAL Today Analysis💎 Paradisers, turn your focus to BALUSDT! We've observed it showcasing a promising opportunity, having recently retested channel support and now gearing up for a bullish ascent.
💎 A brief look back shows that #Balancer broke through the channel resistance, setting itself on a bullish path. Interestingly, before this move, it had a brief fakeout, crossing the same channel resistance. Currently nestled in a demand zone, we're hopeful that a retest of a formidable resistance is on the horizon.
💎 On the flip side, there's another scenario to consider. If it adheres to its trend trajectory and breaks below both the trend line and the demand zone, there's a strong chance it could descend to retest the support level.
💎 If you are contemplating trading, employ proper stop loss and trade judiciously. Keep your strategies sharp and stay ahead in the game!
TRADE OF THE DAY | BAL with bearish div. further drop incomingTRADE OF THE DAY | BAL with bearish div. further drop incoming
Some strong confluences here on the pullback for BAL to start its next leg down - with a new range looking like its forming and a bearish divergence a break in the RVOI is all that we were looing for.
BAL | Balancer | Testing final support before bigger dropBAL | Balancer | Testing final support before bigger drop
Looking shakey after being rejected from the 20 D.EMA and showing a significant bearish divergence
| Bearish Signal
| Rejected from the 20 D.EMA
| Lost local support and rejected
| Watch out for PPI Data Drop
| Lost Trendline support and rejected
| Significant Bearish Divergence
| Lost Trendline support and rejected
| Don't Forget To Hit Follow To Never Miss An Idea |
| Please Support By Giving This Idea a Boost |
ArShevelev /// BAL Next Leves to Get ProfitHey traders!
BALUSDT in pretty flat triangle in range of 5-7. This zone could be potential accumulation phase, so I want to take early trade and enter below 7-ish with targets 8-9-10-11
Good luck!
BALUSD - 35% Up o r 35% Down at Pinch Point!Hey guys, have you checked Balancer recently? It's reaching the very end of a pretty symmetrical triangle formation and this generally means something dramatic is about to happen!
BAL has tried to push the upper trend line acting as resistance once before and got denied, we're now at a critical point once again with the price hitting the same trend line - will it bust through this time and reach profits of 30-40%?
Or will it bounce off resistance and stay within the symmetrical triangle for a short while?
Or will it be declined by the upper trend line, travel through the current consolidation zone and out the back end of the triangle all the way down to previous levels of support at 30-40% below the current price?
What do you guys think?
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
BALETH - A Clear Buy with 15 - 30% Gains!Hey guys,
We've got a pretty clear Long signal from Balancer right now, you can see a rebound off an strong ascending support trend line, combined with passing above a critical level where the price has pivoted and consolidated at before, combined with a strong Buy signal from Crypto Tipster v2.
We'd expect between 15-30% gains on this in the coming days and weeks.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
BAL/USDT 1D. Balancer. Interesant moneten.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 chart). The price is currently under the support(yellow line). Now it acts as resistance.
Locally some form of triangle forming(the price is tightening). As the classic for the alts the target may be aroung 180%.
Also pay attention to the current zone - it's 666 zone(6.66). Taking in consideration the big volume spikes(and price spikes) we can see a good move forward.
BAL USDT the tiniest of riskspast few days have been weird so i prefer tiny moves with extremely low risk if they go wrong.
having such tight stop losses mean we gonna lose a couple more than usual.
fewer bigger wins and more but tiny losses.
Bal technically is due for a pullback and a good resistance is formed around here.
i will short it around 7.76
i will take a solid profit at 7.2 which is a 7.5%
and i will cut my losses id 4h candle closes above 8 which is a 2.5% loss.
leverage up to 2x
keep in mind the first part of this idea and FOLLOW FOR MORE
Balancer forecast and idea | BalusdtPlease write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
Balancer and Bal USDT
Balancer USDT trading and levels update-Long breakout today?BINANCE:BALUSDT
My trade update - I took a short and then a long on Balancer yesterday.
I update you on how I'll be trading it today.
Not Financial advice. DYOR. Papertrade before using real money.
Safe trading!
Shawn
BAL BALANCER LONG Opportunity 20220608Signal: Red -> Green, Context: Green,
Blue -> Green: Bottom
Structure Breakout
Risk Reward: 2
BAL, Balancer, BALUSD , BALUSDT ,BALUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Balancer BAL; When is the Reversal?Hello Traders! CTDave here again with another daily price analysis chart.
In this analysis, I will analyze Balancer (BAL).
As you can see from the chart, BAL is in a downward channel right now. As of now, BAL has approached the support line and it's waiting to get going up short term again. However, as indicated by the red arrow, it will go down after going to ~$10-11.
Right now, the RSI indicator shows almost oversold which indicates that it's going to go up. Also, looking at the RSI, I have shown how RSI likes to behave based on my experience. The white arrows indicate the path while the orange circled spots show that RSI made a "double bottom". Right now, expect a similar behavior; a rise, and then a drop lower.
After Balancer hits the bottom of the channel, expect a reversal and a breakout to the upside. Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
