Short
Updated

#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistance

618
Bluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support.

⚡️⚡️ #BLZ/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 6.4%

Current Price:
0.15552

Entry Targets:
1) 0.16459

Take-Profit Targets:
1) 0.12635

Stop Targets:
1) 0.18375

Published By: @Zblaba

BLZ $BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com

Risk/Reward= 1:2
Expected Profit= +92.9%
Possible Loss= -46.6%
Estimated Gaintime= 4-8 days

Trade active
Binance Futures
#BLZ/USDT All entry targets achieved
Average Entry Price: 0.16459 💵

$BINANCE:BLZUSDT.P pushed up to wedge resistance and filled our entry, let's wait for the outcome patiently.

snapshot
Trade closed: stop reached
Binance Futures
#BLZ/USDT Stoploss ⛔️
Loss: 46.5642% 📉

$BINANCE:BLZUSDT.P broke-out of the big wedge but to the upside and went retesting the smaller one, stopping us out.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.