BLZ had been in a game almost a week and a lot of people bought, as you can see from volume at high. Right now there is beatiful daily trendline and one of my most profitable setups that I usually trade on lower timeframes. Since it's drawn on daily timeframe, potential for a move is huge as everyone sees it.
I expect price to at least touch historical lows since it's a reasonable level for such formation. I will enter in a couple days, when price squeezes to the trendline and BTC will be bearish.
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
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