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BZRXUSDT

✳️bZx Protocol/USDT (20/11) View + Trading Plan #BZRX $BZRXBZRX is in a strong uptrend and will still increase strongly in the near future. The 0.22-0.23$ support zone has been strengthened and it becomes the most important zone in this uptrend. The strong resistance zones that we need to look out for are the 0.3$ - 0.4$ - 0.5$ and 0.6$ zones 📈BUY- LONG -Buy close to 0.22-0.23$ -Buy more: 0.2-0.21$, stoploss if B 📉SELL-SHORT -Sell 0.3-0.31$, stoploss if A -Sell 0.4-0.42$, stoploss if A - Sell 0.5-0.52$, stoploss if A -Sell 0.6-0.62$, stoploss if A ♻️BACK-UP -Sell close to 0.2-0.21$ if B, stoploss if A -Buy: 0.15-0.16$, stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
B
by CryptoStation
BZRXUSDT - cup and HandleWhat Is A Cup And Handle? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. Example Of How To Use The Cup And Handle The image below depicts a classic cup and handle formation. Place a stop buy order slightly above the upper trend line of the handle. Order execution should only occur if the price breaks the pattern’s resistance. Traders may experience excess slippage and enter a false breakout using an aggressive entry. Alternatively, wait for the price to close above the upper trend line of the handle, subsequently place a limit order slightly below the pattern’s breakout level, attempting to get an execution if the price retraces. There is a risk of missing the trade if the price continues to advance and does not pull back. A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. For example, if the distance between the bottom of the cup and handle breakout level is 20 points, a profit target is placed 20 points above the pattern's handle. Stop loss orders may be placed either below the handle or below the cup depending on the trader’s risk tolerance and market volatility.
BLong
by Yuriy_Bishko
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