$BAL/USDT 3D (Binance Spot) W-shaped recovery
Updated
Balancer looks very good on High Time-Frame after regaining 100EMA, mid-term future is bright!
Current Price= 28.42
Buy Entry= 27.61
Take Profit= 51.78
Expected Profit= +87.54%
Fib. Retracement= 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Current Price= 28.42
Buy Entry= 27.61
Take Profit= 51.78
Expected Profit= +87.54%
Fib. Retracement= 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active
Entry filledBalancer lost 100EMA support and dived, macro view still looks good so we are holding, waiting for a bounce!
If you don't feel like just holding, you can place a SL= 17.93 giving a R/R= 1:2.5
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