BLZ ANALYSIS: BREAK THRU OF MAJOR MA EXPECTED!
BLZ REVIEW:
BLZ has attempted to break the 200MA on MULTIPLE occasions now, and has been rejected every time. BLZ buyers continue to push for the major resistance to be broken and I expect this to be broken on the coming wave. A slight push back near 200 and below sats is possible before the final wave up to break thru T1 at 262 sats. I expect this push to hold above the 200MA and 260+ sats to become a new support eventually. T2 is placed at 309 sats, and T3 placed at 372 sats. The extreme push in volume over the last few days has shown BLZ is ready to rock. RSI and ATR want to move up. Begin placing bids from 237 sats, down to 200 sats!
Possible Entries: 200-237 sats
BLZ has attempted to break the 200MA on MULTIPLE occasions now, and has been rejected every time. BLZ buyers continue to push for the major resistance to be broken and I expect this to be broken on the coming wave. A slight push back near 200 and below sats is possible before the final wave up to break thru T1 at 262 sats. I expect this push to hold above the 200MA and 260+ sats to become a new support eventually. T2 is placed at 309 sats, and T3 placed at 372 sats. The extreme push in volume over the last few days has shown BLZ is ready to rock. RSI and ATR want to move up. Begin placing bids from 237 sats, down to 200 sats!
Possible Entries: 200-237 sats
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