BLZ - At Bottom Support. Potential for 45%+ Gains!
Updated
BLZ saw a steep decline the last few days and we're now sitting at it's historic bottom level.
This tends to be a pretty no-brain entry point as we can set a tight SL below previous lows in-case things go totally down hill. But generally these areas will have VERY thick buy support as everyone has seen this is the bottom.
RSI tells us we're massively oversold and ripe for a reversal.
TP's are marked on chart. As stated set your SL below the bottom zone in case things go totally tits up.
--
I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
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This tends to be a pretty no-brain entry point as we can set a tight SL below previous lows in-case things go totally down hill. But generally these areas will have VERY thick buy support as everyone has seen this is the bottom.
RSI tells us we're massively oversold and ripe for a reversal.
TP's are marked on chart. As stated set your SL below the bottom zone in case things go totally tits up.
--
I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Note
TP #1 Hit @ 0.088
Come hang out with me on telegram, it's free and I won't be too mean too mean to you:
t.me/KadnimCrypto
t.me/KadnimCrypto
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