Blok - Buy Signal!Hello every body. I shared a chart from Blok and got 50% profit of it. At this moment we have strong support at 0.058 - 0.069$.
Now I have two scenario for Bloktopia;
1) Red line scenario (In bad situation of market)
or
2) Blue line scenario
Also we have a down trend line in RSI and I think it will be break soon ;)
Bloktopia
BLOKUSDT (Blok) : 10.DEC.2021 (HODL)Examining the #Bloktopia , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) .
BLOK Price Live Data
The live Bloktopia price today is $0.079107 USD with a 24-hour trading volume of $40,186,465 USD. We update our BLOK to USD price in real-time. Bloktopia is up 0.93% in the last 24 hours. The current CoinMarketCap ranking is #230, with a live market cap of $659,651,501 USD. It has a circulating supply of 8,338,704,276 BLOK coins and a max. supply of 200,000,000,000 BLOK coins.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.DEC.2021
⚠️(DYOR)
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BLOKTOPIA - BLOKUSDT - Distribution Completed, New Buy ZoneNot financial advice.
Bit of a messy chart but it seems pretty clear.
BLOK has long term great fundamentals and I'm bullish in the long term.
In the short term - 4hr/D - looking like we're going to be retracing down to the buy zone marked on the chart.
Lots of price action levels that have confluence with fib retracement from bottom to top of the recent move to our local high around 0.14.
overall an opportunity to get in if it dips. Maybe a good time to take profits and look for a reentry lower if you're active enough.
could see this grinding out lower than 0.10 if the project fails to move soon. The launch will be in March 2022 - and this will only be a 1st floor launch. So long term - this is a strong play, short term - investors may be impatient and smart money will accumulate lower.
Invalidation: if bullish volume returns and we close a 4 hour candle roughly above the red box zone - than we should we looking at possible continuation to the upside, still slow grind.
BLOK buy limit ideas MOON SHOTprice made HL? trendline flip n respekt. very booolish. i like this set up alot
missed dump so setting limits. also partial 3rd touch but didnt quite get there on lower TL.
are we in big triangle? if so take me to the taaawwwppp bb
multiple fib levels at play but some good confluence here
BLOK with 2 possibilitiesThere are two possible outcomes:
1- The blue color implies that the market can continue to fall until it reaches 0.092, at which point the correction (subwave2) will finish and the market will resume its uptrend.
2- The red color at 0.102 indicates the end of the correction and the beginning of the market's uptrend.
Bloktopia (BLOK/USDT) technical analysisThe price is moving in an uptrend channel. There is also a longer uptrend resistance/support line to which the price has reacted several times. The pink colored triangular area is where the price could reach and then probably oscillate in it or enter the correct phase.
BLOKUSDTDouble top and bottom patterns are chart patterns that occur when the underlying market moves in a similar pattern to the letter "W" ( double bottom )
A double bottom has a 'W' shape and is a signal for a bullish price movement.
If BLOK breaks R1 Region 0.13000-0.14000
Then
it can go to 0.17000-0.20000
Bloktopia is in decision zone!!If it break the bottom of channel, then it can enter a ranging area and the price will range between two areas. the other price movement that can happen is in the chart. Before entering any short or long trade, please wait for confirmations or engulfing candles after hitting support and resistance areas or lines. this is my analysis and THIS IS NOT A TRADING SIGNAL!!!
I HAVE LEARNED HOW TO BLOK.. I'm going to keep it simple with this one..
Check out the video. I have noticed a few trends that stand out and have consistently traded for a 25% profit every trade. That adds up pretty quickly, right? Anyways, trade smart and be cautious. This time of the year is a big unknown, and of course, there are people always spreading hype and trying to convince you to put more money into crypto. When we are in an area or time like this, I always consider these things... One, the news is not my friend. Two, the positive news released is meant to motivate us to buy. Three, the negative news that is released is intended to encourage us to buy. Fourth and final, I must trust my decision and accept every trade for what it is. Number four is a reminder to us all that we do make bad decisions sometimes and not to let that beat us up.
I hope all stays well, and everyone gets that 2-3X soon!