Updated
Quick (day) trade opportunity on BLZETH at Binance
Here's a quick (day) trade opportunity on BLZETH at Binance.
After the initial spike, BLZ had consolidated and formed a triangle with support around 70.300. Broke out the triangle and now trying to break out a bullish flag. If it manages to break out off this flag, a further continuation of the bullish trend can be expected.
Indicators are curling up and have enough room for further upside. Currently, volume is low so that's the only thing missing now.
Trade Instructions:
Entry:
76.338
Profit/Exit:
1e @ 81.300
2e @ 84.198
3e @ 88.695
Stop:
74.699
Good luck trading!
After the initial spike, BLZ had consolidated and formed a triangle with support around 70.300. Broke out the triangle and now trying to break out a bullish flag. If it manages to break out off this flag, a further continuation of the bullish trend can be expected.
Indicators are curling up and have enough room for further upside. Currently, volume is low so that's the only thing missing now.
Trade Instructions:
Entry:
76.338
Profit/Exit:
1e @ 81.300
2e @ 84.198
3e @ 88.695
Stop:
74.699
Good luck trading!
Trade closed: stop reached
Stop has been reached. As said volume was lacking and needed to get back before coin can take off again. Will check back if volume and situation changes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.