BAL $40 INCOMING? BALANCE has been in a downtrend since so so long and with the recent market and bitcoin stability Bal is recovering and reaching a very strong breakout point.
With all the indicators turning bullish and with the bullish harmonics on daily TF I am expecting BAL to break this resistance.
Once this resistance is broken and flipped we'll see BAL flying with a possible target or $40!
Everything is in the favor of bulls if we can hold the last low we're reaching there :-)
Current Market Price: $21.8
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Balancerfinance
$BAL/USDT 4h (Binance Futures) Ascending triangle break & retestbalancer.fi looks ready for bullish continuation after thet pull-back to 100EMA support!
#Balancer is a decentralized liquid crypto market for #DeFi tokens using AMM protocol.
Current Price= 28.356
Buy Entry = 28.457 - 27.562
Take Profit= 30.745 | 33.407 | 36.656
Stop Loss= 25.946
Risk/Reward= 1:1.3 | 1:2.58 | 1:4.14
Expected Profit= +19.38% | +38.38% | +61.56%
Possible Loss= -14.86%
Fib. Retracement= 0.786 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 10 days
