BAL/BTC (Prev Support Turned Resistance?)
BINANCE: BALBTC
-Old support is now turning into a new resistance area
-If BAL unable to break above 21k sat, the downside scenario is high
-It may retest the previous support and form a potential double bottom
-Once a short term reversal happens, the target is up to 25k sat area
-Another Bearish setup, if green support failed
-The next downside target is 14k sat zone
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-Old support is now turning into a new resistance area
-If BAL unable to break above 21k sat, the downside scenario is high
-It may retest the previous support and form a potential double bottom
-Once a short term reversal happens, the target is up to 25k sat area
-Another Bearish setup, if green support failed
-The next downside target is 14k sat zone
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
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