this week i'm gonna be in bears team and consider this short move..
i used gann and fibo and of course harmonic patterns for finding some good targets and resistance
set stop loss on 22.282
and i marked 3 targets on chart but my last target is 17.4 and we will see it soon..
please like and share if you are agree with me..
lets see..
If Bal holds the 18-20 support we could see it breaking up by the end of the month. However, if the support does not hold we could see a new support around $14. DYOR
BAL is the almost a new coin, so we do not have enough input, but the people who play a daily, they may look a 3h timeline.
Besides, I will share a new technical analysis very soon.
New support(now horizontal) line is $ 26,782 It is above the that lvl
If you want to buy this coin it is ok to buy now , we will interpret the rest in the future
However, EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
If you want to use EngineeringRobo please dm me.
As we can see we are still trading within the falling channel ,but things might get better soon
bullish indicators
RSI divergence
Squeeze momentum turns blue
Chop-zone turns green
low volume , move expected
target 1 : 10 bucks
target 2 : 12 bucks
target 3: 14 bucks
