Balancer looking more than Balanced! BALUSDLower lows, beginning of impulse wave identified. Does not look like a corrective pattern. NFA.
I have identified nice point on the Fib Extension, Invalidation level in red as always.
Anyways, I am longing this one once again.
I will be following this space closely.
BALUSD trade ideas
#BAL - Long the breakout we are testing the resistance expecting it to break however gonna wait for the breakout to long!
$BAL Short ideaWould like to see a pullback to the .618 of the move from previous consolidatoin around $10. The markets have been extremely bullish so further continuation is not out of the question by any means.
Balancer continues to consolidate on support,ready for takeoff? Balancer token , as we know , contributes to a top DeFi project ,like other coins in this new crypto economy, this token has huge potential, holding behind a real business model (that can change the classical financial system)
For someone like a swing trader this entry might look like a nice opportunity to buy
This is not a financial advice
Also..
For risk traders 3X Leverage BAL token ,might be the case.
