Balancer
شراء
تم تحديثه

Balancer BAL vs USD / BTC / ETH

462
A opportunity now exists following a 80% correction since early May. A higher low in price action and the oscillators follow a ‘incredible buy’ condition (orange columns).

The situation on the BTC and ETH charts is remarkably similar (below). A higher low is printed following a ‘incredible buy’ condition with price action now finding support on the 786 Golden ratio. This price level is also past support - look left.
A asset that is bullish across all three pairs is not to be ignored.

A buy from $17.30 is amazing.

Good luck!

WW

1-day BTC chart:

لقطة


1-day ETH chart:

لقطة
تم فتح الصفقة
Expect resistance around $32
تم فتح الصفقة
As expected, resistance @ $32 hit price action like an out of control freight train.

Price action is now on support. A buy from anything <$26 is excellent, but don't try and time it - never works.
تم فتح الصفقة
All aboard? Departure shall begin soon...

Notice the fractal (circled in purple) last the Gaussian channel turned to green?

Good to stay long until RSI support fails, which is projected to occur by late December.

لقطة
تم فتح الصفقة
Currently 11 oscillators are showing bullish divergence with price action! (purple circles).

لقطة
ملاحظة
volume - lots of it, I don't know why..

لقطة
تم فتح الصفقة
The resistance as $32 certainly held but don't expect that to happen again.

If you can ignore the fear... price action is currently on the 618 golden ratio within a falling wedge patterned *wait for confirmation* A close of $23 is a signal to go long to $42.

لقطة
ملاحظة
If price action falls below $17 it will be a break of market structure. Close it and move on.
تم فتح الصفقة
تم فتح الصفقة
11 oscillators printing bullish divergence with price action at this moment with 'incredible buy' on the 1-day BTC chart. Look left.

لقطة
تم فتح الصفقة
تم فتح الصفقة
Daily dollar chart on the left, 2-day BTC pair on the right.

On the dollar chart price action prints an ‘incredible buy’.

On the 2-day BTC chart a higher low prints following a bullish divergence. Excellent.

لقطة
تم فتح الصفقة
One of the very few alt-tokens that has managed to drag its price action above the 200-day SMA

Confirmation of support on $16 will result in a move to the next resistance, $36.


لقطة

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.