Long
BLZ, consolidating for next pump!

$BYBIT:BLZUSDT.P
On 4h timeframe, BLZ is consolidating in a rectangle, it's currently on its Kumo cloud (act as a support).
We can try to setup a LONG position here to catch the bounce.
This setup is a bit risky, handle your own risk management. I will by some when it retests 0.178 - 0.180 zone.
Dont forget to checkout my view on BLZ's weekly view., it's very bullish cause its major trendline on weekly timeframe already broke.
Enjoy! Moon it!
Do your own risk management.
Follow me for more chart analysis. Dont forget to check out my X and other charts.
Patience is the key to success.
DYOR
On 4h timeframe, BLZ is consolidating in a rectangle, it's currently on its Kumo cloud (act as a support).
We can try to setup a LONG position here to catch the bounce.
This setup is a bit risky, handle your own risk management. I will by some when it retests 0.178 - 0.180 zone.
Dont forget to checkout my view on BLZ's weekly view., it's very bullish cause its major trendline on weekly timeframe already broke.
Enjoy! Moon it!
Do your own risk management.
Follow me for more chart analysis. Dont forget to check out my X and other charts.
Patience is the key to success.
DYOR
Trade closed manually
Closed at entry point after take some profit!Related publications
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Related publications
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.