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Short Entry after Rising Wedge Breakdown
Bluzelle / TetherUS
Short
Short Entry after Rising Wedge Breakdown
By KryptoSnipers
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Updated
Aug 26, 2023
1
8
Aug 24, 2023
Greetings, Snipers!
BLZ has risen over 150% in 2 weeks during a bear market
The pump and dump forms a clear rising wedge
The price has broken down, retested the lower bound of the rising wedge, and seems to continue downwards
BTC is also bearish short-term
Now would be a good time to short.
TP1 at $0.112
TP2 at $0.083
Please ensure risk management and stop-loss (trailing $0.141, $0.152 $0.163) as this coin has a pump-and-dump nature.
Happy Sniping!
Aug 26, 2023
Note
🎯Quick and dirty drop to TP1!
Currently re-testing the previous resistance for a re-entry.
Let's see if we can hunt for more!
BLZ
BLZBTC
BLZUSD
blzusdt
blzusdtshort
Chart Patterns
Trend Analysis
Wedge
KryptoSnipers
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