롱
Balancer BALUSDT ready for a breakout

Hello all,
A quick trading idea here:
It concerns Balancer's BAL token, which is now back into the macro uptrend channel after making a 37% retrace from its all time high back down to the demand zone near $45.

I will be looking for a breakout in the current around the diagonal resistance on the 4-hour timeframe:

4-hour candle closure above $55 is our trigger. I have placed 3 targets on the chart based on the last visited high and the Fibonacci extension + the target % for the triangle pattern breakout.
Cheers,
A quick trading idea here:
It concerns Balancer's BAL token, which is now back into the macro uptrend channel after making a 37% retrace from its all time high back down to the demand zone near $45.
I will be looking for a breakout in the current around the diagonal resistance on the 4-hour timeframe:
4-hour candle closure above $55 is our trigger. I have placed 3 targets on the chart based on the last visited high and the Fibonacci extension + the target % for the triangle pattern breakout.
Cheers,
노트
Breaking out노트
Target 1 reached면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.