From what I can see at the moment, there is a potential inverted cup and handle forming on the daily for BABUSD. If it falls to between USD$130-$140 in the next 24-48 hours, it should see a possible rally up to potentially USD$180 followed by a fall as low as possibly USD$105.
Watch this space!
This is my guess on what is happening with BABUSD on BitFinEx ATM. I may be wrong as I am not an expert!
Invest at your own risk.
Watch this space!
This is my guess on what is happening with BABUSD on BitFinEx ATM. I may be wrong as I am not an expert!
Invest at your own risk.
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Revision: on the 4-hour chart, the handle is being made. Top of the handle target is approximately USD$185-195. Possible drop now to USD$135-140.