$BLZ blazing?Will it break or reverse,
i will expect a short term green on BLZ till the previous 2023 high is broken.
what do you think?
BLZUSDT trade ideas
#BLZ pump is overCoin perfectly touched Weekly FVG at 0.14119$ + there was global resistance line that you can see on the chart.
Currently coin looks bearish. and I expect that it will continue descending move towards to 0.079 - 0.066$, where we have D and W FVG + 100 and 200 emas on D TF. Which should stand as good support. (look at lines under the number 1)
Continuation of bear move to 0.05$ will be only in that case if you see that the coin closes with 4H TF below D 100 ema or D 200 ema. (look at the line no.2)
If the coin bounces from FVGs that I mentioned about on the chart, in this case BLZ can continue its uptrend towards to resistance line (blue line), where either it breaks through the resistance and continues its move to another weekly FVG above 0.17$ or returns back to 0.1$ (look at the line no.3)
Short Entry after Rising Wedge BreakdownGreetings, Snipers!
BLZ has risen over 150% in 2 weeks during a bear market
The pump and dump forms a clear rising wedge
The price has broken down, retested the lower bound of the rising wedge, and seems to continue downwards
BTC is also bearish short-term
Now would be a good time to short.
TP1 at $0.112
TP2 at $0.083
Please ensure risk management and stop-loss (trailing $0.141, $0.152 $0.163) as this coin has a pump-and-dump nature.
Happy Sniping!
BLZ/USDT short scalpBLZ been in distributions for some time its getting weaker by time ,its ready for another short setup ,correction for next week and be ready for another wave by coming week.testing fib 0.382 of entire wave its part of the process
Blz decision time#blz is very close to decision time. If price goes below the red trendline then it will keep dumping.
BLZ its over (Short term )looks BLZ is the winner of Aug pumped 200% hard to trade and stay in the position ,tested one more time 0.236% fib level ,more its coming but for now its over most likely to cool off for now and may start next week (will look and decide )
preparing for short position if plan goes as mention .
TP#1 0.117$
TP#2 0.109$
TP#3 0.101$
Risky short on BLZUSDTRising wedge forming on BLZUSDT. It is potentially topping out in the coming hours / days.
Two scenarios I'm personally watching here:
1) We break the lower trend line of the rising wedge. First TP area would then be around 10 cents, second TP around 8 cents. Keep a small percentage open if it completely collapses to the downside (around 6 cents).
2) We keep pushing higher and take liquidity between 17 and 20 cents. If there is a big wick forming to the downside, this might be an ideal short opportunity.
Keep in mind this is an incredibly risky play. Manage your risk carefully.
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.
$BLZFWB:BLZ
On Daily timeframe level the price action formed out Falling wedge pattern level where the price action successfully played out and took out all the Buy Side Liquidities
All the Shorts were liquidited there
this area trap buyers then i am thing about sell trade lets see this area trap buyers then i am thing about sell trade lets see
Blz dump#Blz pumps and hits the target in our last analysis. Now coming down after hitting the target. Soon it is expected to break the red trendline and going down to the black line support.
$BLZ Rising Wedge - Price actionToday we have a good opportunity to build a short position here.
I using 3-4-5x leverage, found a good entry point.
You can botter manage your emotions if you create small positions.
Rising wedge here, may break down soon, odds in favor here, good price action and vol.
BLZ Scalp BLZ usdt pair not stopped for pumping , expecting 15% pump from here to test fib 0.236 level for one more time .it good for scalping to reach three targets ,
target1: 0.14 $
target 2 : 0.1441$
target 3 : 0.1495$
BLZ long ?If it will close above trend line it will must retest and when it break high level I will go for long with good target
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BLZUSDT SHORT IDEAif price drop equilibrium level then jump range high we can try short position. also rsi has huge negative mismatch.
warning: if price volumely break range high, it means this setup cancel.
entry: 0.11
stop: 0.115
target: 0.08
SHORT BLZUSDTShort the yellow marked lvl for big profits. In case of a 4H close above mentioned area, consider closing the trade with small losses or take your second entry in white box, based on your strategy and risk.
Good luck.
BLZUSDTThis is a 1H frame analysis for BLZUSDT Given that the price has been able to experience a good rise, our current support line is now fluctuating and we expect the price to pull back to our first support line and after a little rest and a chance to buy back, it will move towards higher numbers. Don't forget that until the price moves above our first support line, we can expect further increases in price.
Blz bullish idea#blz breaks the green trendline of triangle thats why we posted buy long signal in our Group. Bullish Scenario.
Shorting BLZUSDTShorting BLZUSDT from 0.09250
Initial Target 0.85 then 0.75 and will hold 25%
SL is current High
