Blzusdt
BLZUSDT Good Buy!BLZUSDT (1H CHART) Technical Analysis Update
BLZ/USDT currently trading at $0.1647
Buy-level: $0.165 - $0.1645 (Wait for the small retracement)
Stop loss: Below $0.1530
Target 1: $0.1748
Target 2: $0.189
Target 3: $0.20
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BLZ - Calm for now (Neutral)Neutral!
It did a great pump and also left a noise behind but for now it's going to consolidate in the area I've shown on the chart which is actually a good bullish sign for this coin.
It's not safe to open long or short positions for now, it's not worth it because it doesn't seem to have the volume to do any big moves for the next few hours. So let's just wait and see when it's the best time to open positions.
Current Market Price: $0.205
Good Luck
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The completion of ascending wave ii from point 3The first uptrend is finished in the range of 0.26, and the price is moving in an upward channel, heading uptrend and the formation of wave 3, which is in sub-waves of 2nd wave from this point.
The price targets for this uptrend are initially 1.19 and the main target is 2.57.
BLZUSDTthis alt is trapped in a descending channel in larger scales which completely reacts to mid line of forks if you plot it, this means the bears are having the control of this chart at the moment but as we know there is going to be a alt season upon us and the pump is going to break the dynamic resistance of this channel and going for new records from the alt party
we didn't plot anything on charts to stop confusing and just mention them, if you know it you know it . . .
👉This idea has the confirmation of "advanced price action"
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