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RandomOracle
Aug 10, 2021 6:28 AM

BAL/USD Double Bottom In An Ascending Triangle? 

Balancer / United States DollarCoinbase

Description

COINBASE:BALUSD

Possibly a nice bullish setup for BAL/USD, daily chart looking like a double bottom within an ascending triangle, Ready for a major move.

Could see one last tap of that rising support first before breaking out, best bet would be to wait for a confirmed breakout above that horizontal resistance before buying in.

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Resistance has turned to support

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Update on intra-day for BAL

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BTC pair showing some promise!

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Comments
toanthainguyen
That is some good gains there pal.
RandomOracle
@toanthainguyen, Cheers, just finished re-testing broken res. to confirm new support too
TearsOfAngel
I missed this but your chart is powerful.
RandomOracle
Thanks! Might still be time left, Once BAL manages to overcome that 26USD level, It should be given the chance to make a run up higher
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