BLZ/USDT It required break out the pattern to continue upward!
Updated
💎 BLZ has notably caught the market's attention. It's currently facing challenges in breaking out of an Ascending Triangle pattern. Historical patterns show that BLZ often faces rejections after approaching the resistance of this ascending triangle. However, a successful breakout at the Higher Time Frame (HTF) could signal a bullish shift, probability propelling BLZ towards our target area.
💎 If BLZ continues its pattern of failing to break out, as observed in the past, it's likely to face rejection again and retreat back to the demand area around $0.250 to build new momentum.
💎 In this demand zone, a significant rebound is essential. If BLZ merely consolidates without a strong bounce, there's a risk of losing this crucial support area. This could lead to a further decline, potentially moving BLZ back towards the Bullish OB area.
💎 If BLZ continues its pattern of failing to break out, as observed in the past, it's likely to face rejection again and retreat back to the demand area around $0.250 to build new momentum.
💎 In this demand zone, a significant rebound is essential. If BLZ merely consolidates without a strong bounce, there's a risk of losing this crucial support area. This could lead to a further decline, potentially moving BLZ back towards the Bullish OB area.
Trade closed: target reached
Another win! #BLZ up 46.94%, as forecasted!
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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