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Blzanalysis

BLZ has formed a Bullish SetupBLZ has formed a Bullish Setup. After the bounce from the support zone I expect that it continues to go up. 🔵Entry Zone 0.3913 - 0.007630 🔴SL 0.3869 🟢TP1 0.4094 🟢TP2 0.4297 🟢TP3 0.4769 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
4
BLZUSDTThis is a 1W frame analysis for BLZUSDT We are analyzing this cryptocurrency in a weekly time frame to get a better understanding of the market, which has been able to perform well in the negative days of the market. As you can see, we can see an ascending triangle pattern which after breaking the weekly key support was able to gain support and after breaking the white line resistance was able to make a good rise up to the R1 region. However, we can see the last few candles which are closed with a doji or a shadow which can be an indication of fear in the market and selling. If the weekly candle closes above our support region and is able to cover more of our body candle, we can expect a bullish movement towards the resistance levels.
by MarsSignals
BLZUSDTThis is a 4H frame analysis for BLZUSDT In our previous analysis, we were able to gain good profits, but currently the price has been able to rebound close to its support line after the fluctuations. Those who wish to buy may be at a good support point to add volume or buy. Suggestion: Those who intend to buy this coin should wait until it enters the first support zone and wait to see if it can stabilize above the support line and form green, strong candles or a candlestick pattern. We have identified key points and resistances for you dear ones and you can exit the trade relative to your own leverage.
by MarsSignals