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Possible 2x On The Way For BAL/BTC

1 327
$BINANCE:BALBTC $COINBASE:BALBTC BALUSD $BINANCE:BALUSDT
syot kilat

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!
BAL/USD Double Bottom In An Ascending Triangle?


Watch this one over the next days & weeks!
Nota
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!

Penafian

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