Long
BAL/USDT 2h (Binance Fut.) Descending channel & curve breakout

Balancer is looking bullish again on Low Time Frame, let's try to catch a decent entry.
Current Price= 14.107
Buy Entry= 13.678 - 12.878
Take Profit= 15.120 | 16.712 | 18.119
Stop Loss= 11.799
Risk/Reward= 1:25 | 1:2.32 | 1:3.27
Expected Profit= +27.74% | +51.72% | +72.92%
Possible Loss= -22.28%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 2x
Estimated Gain-time= 240h
Current Price= 14.107
Buy Entry= 13.678 - 12.878
Take Profit= 15.120 | 16.712 | 18.119
Stop Loss= 11.799
Risk/Reward= 1:25 | 1:2.32 | 1:3.27
Expected Profit= +27.74% | +51.72% | +72.92%
Possible Loss= -22.28%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 2x
Estimated Gain-time= 240h
Note
Went for all targets without reaching entrySince it's still looking good for a move up after a bigger dip, let's recycle it with same R/Rs.
The idea is to enter on that midline channel support if goes down there:
Current Price= 14.904
Buy Entry= 14.156 - 13.356
Take Profit= 15.598 | 17.190 | 18.597
Stop Loss= 12.277
Trade closed manually
Bot closed remaining position with +7.26% (2x) at 14.256$ (time-out)But somehow it opened a short at the same time, right now in good profit but that was a bug.
Please check your position and I recommend to manually close it since bot won't manage it anymore.
I will keep an eye on it to see if there is another long opportunity soon!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.