ssari

BAL.USDT (Y20.P5.E2).Is it time to go long

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FTX:BALPERP   Balancer Perpetual Futures
Hi All,
(ref. z.chart)

Planning when to jump in?

The run up formation looks good and if it goes to plan, somewhere along these fib levels, there is a likely buy signal to be found.
The key to this is the support trend line and the triangle macro formation....if this comes about, then a 1,2,3 impulse to the support level as the green zone, with a daily bullish candle close from this, will be the buy signal.

So its a matter of planning and waiting.

Here is the 1, 2, 3 move


Lets see if this works accordingly.


All the best,

S.SAri.

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