💎 Paradisers, #BLZ has recently broken out of a trendline and formed a cup & handle pattern, accompanied by CHoCH and BOS, indicating a bullish market structure.
💎If #BLZUSDT manages to break above the resistance level, it would confirm the cup & handle pattern, potentially leading to a bullish move.
💎In the event of a pullback, we may anticipate a bounce from...
BLZ s going to fly a lot higher.
Entry :- 0.21
SL :- 0.195
Target :-
1:- 0.38
2 :- 0.49
Conformations :-
1. It has just broke daily candlestick chart resistance.
2. 0.2 is acting as a psychological support.
3. It is at fibonacci level of 0.5
4. Bullish signs are visible on 1 hour chart indicating buying.
2. 0.2
Candle stick technical analysis made this return possible.
Expected Holding Period 25 days but achieved in a Day.
44.50% return is awesome return.
Stay tuned.
BLZ has been due for a big news now and the price just bounced a little from a good support, hoping to increase from here. MACD validates the move and everything seems great, just EMA 20 needs to be crossed and we go!
