BALBTC – Potential 56% gains
BUY: 0.00076 – 0.00077
TARGETS:
1) 0.0008502
2) 0.0009138
3) 0.0009788
4) 0.0010713
5) 0.0011891
STOP: 0.000725 (candle must close below)
Rationale:
-Price has been consolidating around horizontal support and looks ready to breakout.
-Price and RSI are making a series of higher lows
-The lows have formed a diagonal support line
-Note that if Bitcoin dumps shortly this trade will likely stop out, so manage your risk accordingly.
Your risk, your reward. This is not financial advice.
Happy trading.