BAL/BTC: Potential New ATH in 4 Days? Updated for 2hr Chart!
Hello!
Last night I posted a chart showing my analysis for a new ATH for BAL/BTC by 2/22/21.
I stated," At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21."
I am new to analyzing charts so I didn't realize that posting my analysis on with daily candles won't be too helpful for folks if the new high is in 4 days so this post is the same chart with 2hr candles.
Let me know your thoughts! I would love to learn more from you all sharing your knowledge and critiquing this analysis.
Good luck!
Last night I posted a chart showing my analysis for a new ATH for BAL/BTC by 2/22/21.
I stated," At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing that this trend continues and that Bal will hit a new ATH by 2/22/21."
I am new to analyzing charts so I didn't realize that posting my analysis on with daily candles won't be too helpful for folks if the new high is in 4 days so this post is the same chart with 2hr candles.
Let me know your thoughts! I would love to learn more from you all sharing your knowledge and critiquing this analysis.
Good luck!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.