Long
BLZ rally
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Never risk more than you can afford to lose.
Always DYOR.
BLZ has already made a double bottom pattern on daily time frame, hence there is hope that BLZ may reach to the following targets:
First TP $0.2667
Second TP $0.322
Third TP $0.408
One should take the following requirements into consideration:
BLZ needs to break up the $0.2309 resistance zone, which is a very strong level, because montly and weekly level have been clustered there coincidentally.
After breaking the aforementioned resistance level BLZ may form a pullback then raaly will begin.
the first two targets is achievable easily but regarding the last target one may exercise a little bit more caution. Anyhow BLZ need to reach to last target because it should surge upto & 0.408 resistance zone which is a monthly level.
This is personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR.
BLZ has already made a double bottom pattern on daily time frame, hence there is hope that BLZ may reach to the following targets:
First TP $0.2667
Second TP $0.322
Third TP $0.408
One should take the following requirements into consideration:
BLZ needs to break up the $0.2309 resistance zone, which is a very strong level, because montly and weekly level have been clustered there coincidentally.
After breaking the aforementioned resistance level BLZ may form a pullback then raaly will begin.
the first two targets is achievable easily but regarding the last target one may exercise a little bit more caution. Anyhow BLZ need to reach to last target because it should surge upto & 0.408 resistance zone which is a monthly level.
This is personal idea and I am not a financial adviser.
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