Long
BALUSDT: Simple setup
BALUSDT price flirting with resistance line. The set up doesnt get easier than this.
Once BAL crosses the resistance line, then this would mark towards the TGT 1 resistance.
This would not be a straight move up, would take some days to play out provided BTC is stable. At the moment price momentum is bullish.
Once BAL crosses the resistance line, then this would mark towards the TGT 1 resistance.
This would not be a straight move up, would take some days to play out provided BTC is stable. At the moment price momentum is bullish.
Note
Target 1 reached. Profit booking at this level. if this holds up then next level is target 2.
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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.