Balancer (BAL) Review + Targets

8 Eyl 2020

Signals&Indicators

• Overall trend in upward channel
  
• We have harmonic pattern bullish "white swan" (With approximate ratios)
  
• In the end of last wave higher low and candle appears tweezer bottom (marked with red light)
  
• RSI continue movement on middle line call "50"
  

For more precaution we can wait until price get to MA 10

9 Eyl 2020

Not

About Balancer

Balancer is an automated market maker, decentralized exchange, and liquidity pool protocol built on Ethereum that allows users to provide liquidity for multiple assets simultaneously. Balancer's BAL token acts as a governance token to help the project set features such as issuance rewards and whitelisted pools for liquidity mining. When users trade, their orders are filled by multiple pools with better pricing and lower slippage.
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