Updated
Possible 2x On The Way For BAL/BTC
$BINANCE:BALBTC $COINBASE:BALBTC 
BALUSD $BINANCE:BALUSDT
BAL has a fairly nice setup with a likely bullish outcome on the BTC pair, with the price ranging between a massive descending wedge & looking ready for a macro breakout which would lead to a 2x in BTC price (likely higher)
Expecting a breakout towards that .369 retracement as the likely target for the first wave on the breakout!
The USD pair is also looking bullish on the macro scale too!
Watch this one over the next days & weeks!
BALUSD $BINANCE:BALUSDTBAL has a fairly nice setup with a likely bullish outcome on the BTC pair, with the price ranging between a massive descending wedge & looking ready for a macro breakout which would lead to a 2x in BTC price (likely higher)
Expecting a breakout towards that .369 retracement as the likely target for the first wave on the breakout!
The USD pair is also looking bullish on the macro scale too!
Watch this one over the next days & weeks!
Note
ANALYSIS: BAL (Balancer)Balancer:
- balancer.fi/
- app.balancer.fi/
- coinmarketcap.com/alexandria/article/what-is-balancer
- medium.com/balancer-protocol/balancer-v2-generalizing-amms-16343c4563ff
BAL, with good fundamentals & a strong chart, looks ready to make a nice run to the upside vs BTC in the 2nd half of this year, expecting a breakout soon & around a 2x in price on the first upswing!
Keep your eye on this one!
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Related publications
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.