Trying Again To Break ResistanceWe see that the BZRX tries the resistance again. There are smaller and smaller cups. My sell area is on the chart.
Bzrxusd
Cup And Handle Formation Might Happen Big BlownWe are seeing cup and handle formation. And it is trying to beat resistance with big volume. Big blown coming. Formation target is 1.6 .
BZRX minimum the double in AprilAs we can see Bzrx is about to breakout we need a daily candle close above the strong support to confirm.
However, Bzrx is accumulating since a while as per the chart
✅ Buy: 0.00001170 - 0.000011250 ✅
🎯TARGETS:
1- 0.00001750 (47.68%)
2- 0.00002100 (77.22%)
3- 0.00002470 (103.8%)
4- 0.00002900 (142.1%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 0.00000795
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BZRXUSD - Forming possible sub-wave 3! of larger wave 3.> Price holding above 50 and 21 EMAs
>Commencing sub-wave 3 or the overall larger wave 3 expansion
>Volume profiling thinning above 70c suggesting this could run quite quickly.
>Targeting Fibonacci 161.8% of plot point Wave 1 – 2.
>Market Cap - $83mil
>Total supply - 1.03 Bil
Short term target $1.10
Stop level $0.40
Bzrx usdt breakout.Bzrxusdt has broken and 4 hour candle closed above resistance with descent volume.
BZRXBTC - BZRXUSDENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
BZRX Ready for a 100% move.Bzrx is making a mega bull flag daily.
Bullish on all indicators, and ready for easy 2x move
TP 100%
BZRXUSDT (BZX PROTOCOL) - UPTREND CONTINUATION ANALYSIS 🔎
- BZRXUSDT brokeout above the cup and handle resistance and hit a swing high.
- The market then retraced for a retest.
- Price is retesting the cup and handle resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry (risky) : market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
BZRXUSD looks bullishIf #BZRXUSD continues increasing, the closest resistance area would be found at $0.913. The area is the 0.5 Fib retracement level and a horizontal resistance level. So, if BZRX were to clear it and the 0.618 Fib retracement at $1.10, it would likely accelerate towards the all-time high price of $1.75.
BZRX Reached our first target target! What's next? As we saw on our previous analysis, BZRX / USDT were heading to our first target ! (Previous analysis below)
Today BZRX is doing a textbook formation. Broke out our first target and is now flipping this resistance into support by testing it!
If we have a successful daily closure above our first target, flip into support, we will head till target 2 ( written on the chart)!
Enjoy the ride ...
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
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Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
BZRX looks beautifulit broke daily important support , you can buy with consolidation above this support in daily
BZRXUSDT (BZX PROTOCOL) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- BZRXUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support levels (S1, S2).
BZRX/BTC potenial move BZRX / BTC
BZRX try to form bullish pattern
Targets for this pattern is up to 0.00002
=> Local support (green color should hold)
This is just reading chart
Signal coming with clear entery -targets - stoploss
Good luck and happy trading 🌹