Updated
irCryptoClub - BLZ/USDT
BLZ/USDT
Examining the 12-hour timeframe and considering the previous ascending wave structure as a three-wave, the current descending wave structure is expected to be as described in the chart.
Accordingly, the end of the correction is forecasted at around $ 0.095 to $ 0.115 and it is expected that after reaching this range, the price will be in the upward trend again.
In case of penetration to $ 0.090, the price trend of this currency will fall and the analysis of the credit will lose
Examining the 12-hour timeframe and considering the previous ascending wave structure as a three-wave, the current descending wave structure is expected to be as described in the chart.
Accordingly, the end of the correction is forecasted at around $ 0.095 to $ 0.115 and it is expected that after reaching this range, the price will be in the upward trend again.
In case of penetration to $ 0.090, the price trend of this currency will fall and the analysis of the credit will lose
Trade active
In terms of resistance, the trend range is currently below these limits, but given the current wave structure, we expect it to cross this resistance soon.
The loss limit for the current penetration range is $ 0.16
Trade closed: target reached
According to the analysis, after completing the correction, it moved towards the goals to the specified limits and had a growth of 150%The current move is expected to continue in the range of $ 0.30-0.31 and re-enter the correction
If necessary, the analysis will be updated again
Trade closed: target reached
According to previous analyzes, the price reached the desired range ...According to the analysis, as long as the price is below $ 0.31, it is prone to correction, so please observe the penetration limit of $ 0.27 if you maintain.
If you cross the $ 0.34 range, the analysis will be updated
Trade closed: target reached
After a price increase of almost 200%, according to the analysis, it reached the resistance range and reacted to this range and entered the correctionLoss of the $ 0.24 range is likely to return to $ 0.31 and the price correction is likely to continue to $ 0.16 - $ 0.18
Accordingly, as long as the price is lower than $ 0.24, it is not suitable for maintenance and buying this currency will be risky.
In case of any change, the chart will be updated
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.