BLZ is in a rising wedge. Go long and make profits?
BLZ is on a short bullish run, inside this rising wedge i have traced. Many green candles with long bodies steadily pushing the price up, even though there are a few pullbacks here and there, it isnt enough to stop the bull run
If the bull run plays out to the end of this rising wedge, then BLZ should be for a major drop. So lets watch the zigzag pattern and see how it plays out.
Hopefully we can take some profits on this short bull run, by entering at support line bounce, and selling off at resistance line hit or swing highs, while still in the wedge.
Good luck trading.
Press the like button if you like my analysis
If the bull run plays out to the end of this rising wedge, then BLZ should be for a major drop. So lets watch the zigzag pattern and see how it plays out.
Hopefully we can take some profits on this short bull run, by entering at support line bounce, and selling off at resistance line hit or swing highs, while still in the wedge.
Good luck trading.
Press the like button if you like my analysis
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