Balancer Finance is retesting old demand zone where we expect it to bounce back and even break out of the wedge after.
Current Price= 11.488
Buy Entry= 11.435 - 10.079
Take Profit= 16.585 | 22.177 | 30.773
Stop Loss= 7.836
Risk/Reward= 1:2 | 1:3.91 | 1:6.85
Expected Profit= +54.18% | +106.16% | +186.08%
Possible Loss= -27.15%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 6 months
Tags: #BAL #BALUSDT #Balancer #BalancerLabs #AMM #LP #App #DEx #DAO #DeFi #Yield #Governance
Websites: balancer.fi balancer.exchange
Contracts:
#ERC20 0xba100000625a3754423978a60c9317c58a424e3D
#HECO 0x045de15ca76e76426e8fc7cba8392a3138078d0f
#xDai 0x7eF541E2a22058048904fE5744f9c7E4C57AF717
Current Price= 11.488
Buy Entry= 11.435 - 10.079
Take Profit= 16.585 | 22.177 | 30.773
Stop Loss= 7.836
Risk/Reward= 1:2 | 1:3.91 | 1:6.85
Expected Profit= +54.18% | +106.16% | +186.08%
Possible Loss= -27.15%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 6 months
Tags: #BAL #BALUSDT #Balancer #BalancerLabs #AMM #LP #App #DEx #DAO #DeFi #Yield #Governance
Websites: balancer.fi balancer.exchange
Contracts:
#ERC20 0xba100000625a3754423978a60c9317c58a424e3D
#HECO 0x045de15ca76e76426e8fc7cba8392a3138078d0f
#xDai 0x7eF541E2a22058048904fE5744f9c7E4C57AF717
Zlecenie aktywne:
First entry filled
Balancer Finance bounced on wedge support and is showing some bullish strength!
Balancer Finance bounced on wedge support and is showing some bullish strength!
Komentarz:
Back above 1st entry
Balancer Finance retraced down to demand zone and is now breaking out locally, we adjusted TPs and SL as well.
Balancer Finance retraced down to demand zone and is now breaking out locally, we adjusted TPs and SL as well.
Transakcja zamknięta: osiągnięto wyznaczony cel:
Adjusted TP1 reached with +43.00% (1x) and +1.75R
Balancer Finance finally broke-out of the big falling wedge and made it to first target!
Now approaching 50MA resistance, don't forget to TP some, SL edited to lowest entry (10.079)
Balancer Finance finally broke-out of the big falling wedge and made it to first target!
Now approaching 50MA resistance, don't forget to TP some, SL edited to lowest entry (10.079)
Transakcja zamknięta: osiągnięto wyznaczony cel:
TP2 reached with +82.47% (1x) and +3.35R🎯
Balancer Finance regained 50MA support and went straight for 100EMA retest!
Balancer Finance regained 50MA support and went straight for 100EMA retest!
Balancer Finance kept going up, let's hope we'll hit target soon!