Get Ready for BLZ! 🚀 Bullish Breakout Alert!💎 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 the demand level, although the probability of this scenario is relatively low, so caution is advised.
💎However, if the price breaks down below the demand level, it can be considered bearish. In such cases, it's advisable to refrain from immediate action and wait for clearer price action to emerge.
💎If you're new to technical analysis and feeling uncertain, don't hesitate to reach out via DM or comment below. I'm here to provide guidance and support.
Blzusdt
Lets 2.5 X your capital Long BLZ 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
BLZUSDT Target Hit 44.50%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 - Strong BuyBLZ 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!