BLOKUSDT trade ideas
blokusdtThe block is in a downward trendline that if this support breakdown, there will be two more buying opportunities, which are:
+0.019
+0.011
But if a war breaks out between Russia and Ukraine, it will cause all currencies to fall in the short term, and it will certainly affect bloktopia as well, and it may fall within the specified range(0.006-0.003).
The positive thing we can see is the divergence rsi in the daily time frame.
The stop loss is according to your own strategy.
February BULLISHBlok chart is very clear, the maximum area of the minimum so far confirmed by a double minimum which in technical analysis gives the forecast of a trend reversal.
I am very bullish on Blok and have accumulated more blocks over this period.
It is easy that there will soon be a turning point.
You can guess it from the very strong price compression, (go to see the forecasts on Gala made before the boom), and from this very strong double bottom on such a compressed price.
We could expect a recovery this month in an area around 5 cents
Expecting lower support areas for blok. BlokusdtBlok is probably going to be something for metaverse and we are going to hear more about it , but considering there is less than 5 percent of this coin released in Blockchain, its too soon to try analyse this token , just keep it in sight wait for news and contracts
$Blok Long [Trade quality 3/5]Bitcoin is headed for a daily supply zone & a daily down trendline. $Blok is also in a supply zone/resistance area. (It just rejected resistance in supply & failed to put in a higher high)
If price can’t push through these resistance areas price may fall into this key level (.027900)
I will watch how price behaves in the yellow area to gauge buyer participation.
A bounce here will put in a higher low on a larger time frame.
There’s several support/demand zones stacked in this area.
If we start consolidating & buyers show consistent effort to take price higher around this zone I’ll look to go long.
Profit targets
1. (.028772)
2. (.02932)
3 (.030058)
However!
If price fails VWAP test and sellers show more effort =NO TRADE
*Confluence*
S1
Support zone
Demand zone
Daily Trendline
BLOCK/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BLOCK/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Reason of trade:- BLOCK/USDT 2hour analysis look bullish trend chart and MACD bullish crossover buy green zone
Entry:- CMP buy green zone
Traget:- 15% to 20%
Stop loss:- 0.02664
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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BLOKTOPIA , BlOKUSDT 1DAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
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📊 #BLOKUSDT ( Bloktopia )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01 .28.2022
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BLOKTOPIA (TF: 4 D)KUCOIN:BLOKUSDT
Bloktopia is currently having a bearish trend, so i made a falling wedge pattern to measure future market conditions. If the candle breaks through the overbought of falling wedge pattern then the trend will go up, on the contrary, if the candle breaks through the oversold of the falling wedge pattern then the trend will go back down.
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