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RandomOracle
Aug 20, 2021 12:37 PM

Possible 2x On The Way For BAL/BTC 

BAL / BitcoinBinance

Description

BINANCE:BALBTC COINBASE:BALBTC COINBASE: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!

Comment

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!
Comments
emrelg
Thank you great idea !
RandomOracle
@emrelg, Appreciate it!
apemberthy1882
th boss
RandomOracle
byCelio
Intresting!
RandomOracle
@byCelio, Thanks!
JennLunarSun
Time for me to get it. 😄
RandomOracle
@JennLunarSun, Looks like a good hold from here!
AvenueWork
Welp. Outta likes already. LoL
RandomOracle
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