BAL
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Balancer is a non-custodial automated market maker (AMM) protocol built on the Ethereum blockchain that purportedly aims to also operate as a decentralized exchange (DEX). It allows users to make liquidity pools with up to eight different tokens in any ratio.
Balancer Pools act like index funds, exposing users to a wide range of tokens. Unlike traditional index funds, however, they collect fees, thereby continually rebalancing the liquidity they contain.
These pools are reportedly aligned to trading strategies â for example, weighted pools are supposed to provide token versatility, enabling users to build pools with different weightage than the standard 50/50. This allows users to choose to expose certain assets while still providing liquidity, which Balancer says gives them more control over impermanent loss.
The Balancer vault separates the pools from token accounting and management, simplifying pool contracts and accommodating new pool designs in the process. This also eliminates the need for a protocol with an innovative trading system to build its own DEX by facilitating a direct connection to Balancer. #BAL $BAL
Balancer Pools act like index funds, exposing users to a wide range of tokens. Unlike traditional index funds, however, they collect fees, thereby continually rebalancing the liquidity they contain.
These pools are reportedly aligned to trading strategies â for example, weighted pools are supposed to provide token versatility, enabling users to build pools with different weightage than the standard 50/50. This allows users to choose to expose certain assets while still providing liquidity, which Balancer says gives them more control over impermanent loss.
The Balancer vault separates the pools from token accounting and management, simplifying pool contracts and accommodating new pool designs in the process. This also eliminates the need for a protocol with an innovative trading system to build its own DEX by facilitating a direct connection to Balancer. #BAL $BAL
LIVELionheart_Crypto
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Bearish
$1000SATS - SHORT SETUP âŒïž
As Per 30 Min Time Frame âŒïž
Next Possible Target for 1000SATS are
- 0.0003175
- 0.0003150
- 0.0003105
- 0.0003070
- 0.0003020
Sl - 0.0003250
3/1 Setup
#CPI_BTC_Watch #DOGSONBINANCE #TON #BNBChainMemecoins #TelegramCEO
As Per 30 Min Time Frame âŒïž
Next Possible Target for 1000SATS are
- 0.0003175
- 0.0003150
- 0.0003105
- 0.0003070
- 0.0003020
Sl - 0.0003250
3/1 Setup
#CPI_BTC_Watch #DOGSONBINANCE #TON #BNBChainMemecoins #TelegramCEO
Technical Analysis Report: $BAL/USDT
$BAL is showing a descending channel pattern on the 1-day chart, indicating a continued bearish trend. The price is currently hovering around $1.874, with immediate resistance at the upper trendline of the channel near $1.95 and support at the lower trendline around $1.52.
Current Price: $1.874
Resistance Levels:
âą First Resistance: $2.99
âą Second Resistance: $4.69
Support Levels:
âą First Support: $1.52
âą Second Support: $1.29
Potential Trade Setups:
âą Long Trade: If $BAL breaks above the upper trendline of the descending channel around $1.95, consider entering a long position with targets at $2.99 and $4.69. Set a stop loss below $1.74 to manage risk.
âą Short Trade: A rejection at the upper trendline could signal further downside. Enter a short position targeting $1.52 and $1.29, with a stop loss above $1.95.
Keep a close watch on volume and price action around these key levels for better trade confirmation.
#BAL #CryptoAnalysisđđđđ đ #BNBChainMemecoins #TON #NOTđ„đ„đ„
Current Price: $1.874
Resistance Levels:
âą First Resistance: $2.99
âą Second Resistance: $4.69
Support Levels:
âą First Support: $1.52
âą Second Support: $1.29
Potential Trade Setups:
âą Long Trade: If $BAL breaks above the upper trendline of the descending channel around $1.95, consider entering a long position with targets at $2.99 and $4.69. Set a stop loss below $1.74 to manage risk.
âą Short Trade: A rejection at the upper trendline could signal further downside. Enter a short position targeting $1.52 and $1.29, with a stop loss above $1.95.
Keep a close watch on volume and price action around these key levels for better trade confirmation.
#BAL #CryptoAnalysisđđđđ đ #BNBChainMemecoins #TON #NOTđ„đ„đ„
@amansaiofficial
#BAL coin facing major resistance at $7.8,â
If we break out the resistance zone.
We will get the best opportunity for investments to book huge profit đ
Keep your eyes on the chart đ
#BTC #hongkongweb3 #zero2hero #Binance
#BAL coin facing major resistance at $7.8,â
If we break out the resistance zone.
We will get the best opportunity for investments to book huge profit đ
Keep your eyes on the chart đ
#BTC #hongkongweb3 #zero2hero #Binance
Top 10 Decentralized Exchanges by Total Value Locked
Total Value Locked (TVL) is the most important indicator to evaluate the adoption scale of a Decentralized Exchanges by calculating the total value (USD) locked in the corresponding smart contracts. So letâs consider the top 10 best DEXs by current Total Value Locked.
#CRV #UNI #CAKE #BAL $SUN #SUSHI $VELO $BSW $VVS $DFI
Total Value Locked (TVL) is the most important indicator to evaluate the adoption scale of a Decentralized Exchanges by calculating the total value (USD) locked in the corresponding smart contracts. So letâs consider the top 10 best DEXs by current Total Value Locked.
#CRV #UNI #CAKE #BAL $SUN #SUSHI $VELO $BSW $VVS $DFI
