Updated
BAL/BTC: Next ATH in 4 Days?
Hello!
I am new to TA but I noticed an interesting pattern so I wanted to share. At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21.
I think the best way to learn is to practice and share ideas so please share your thoughts with me. I'm looking to learn as much as possible.
Best of luck!
I am new to TA but I noticed an interesting pattern so I wanted to share. At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21.
I think the best way to learn is to practice and share ideas so please share your thoughts with me. I'm looking to learn as much as possible.
Best of luck!
Note
Hello Again!I realized that this chart may not be very useful to people if the proposed ATH happens in 4 days and I am using daily candles. I posted this same chart with 2hr candles.
Please share thoughts!
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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.