BALUSDT – Potential 47% gains
BUY: 36.5 – 38.5
TARGETS:
1) 41.4
2) 44.3
3) 48.5
4) 53.8
STOP: 35 (candle must close below)
Rationale:
-Price has just broken out of the triangle and is now retesting to find support. If it hold expect a bounce.
-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.