Trying Again To Break ResistanceWe see that the BZRX tries the resistance again. There are smaller and smaller cups. My sell area is on the chart.
Bzrxanalysis
Cup And Handle Formation Might Happen Big BlownWe are seeing cup and handle formation. And it is trying to beat resistance with big volume. Big blown coming. Formation target is 1.6 .
BZRX minimum the double in AprilAs we can see Bzrx is about to breakout we need a daily candle close above the strong support to confirm.
However, Bzrx is accumulating since a while as per the chart
✅ Buy: 0.00001170 - 0.000011250 ✅
🎯TARGETS:
1- 0.00001750 (47.68%)
2- 0.00002100 (77.22%)
3- 0.00002470 (103.8%)
4- 0.00002900 (142.1%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 0.00000795
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
BZRX longterm targetelliot waves and fib levels are included mixed with resistance and possible resistance levels
possible resistance levels in pink
current resistance levels in red
if project is well enough and is able to support the chart, then the target is not impossible
BZRX-The diagonal pattern in wave 2 from point 3The general downtrend has finished at $0.0880, by crossing the price from the range of 0.7454, which is the end of wave B, this scenario will be confirmed. Currently, the price is in the sub-waves of ascending wave 3, which in wave 2 of that the Ending Diagonal has formed in the range of $ 0. 3424. There is the probability of the formation of a strong uptrend in the near future for ascending wave movement
BreakoutOut of the wedge upside and breakout of the resistance nodes
MA50 support is also taken, which helps to climb further
BZRX/BTC potenial move BZRX / BTC
BZRX try to form bullish pattern
Targets for this pattern is up to 0.00002
=> Local support (green color should hold)
This is just reading chart
Signal coming with clear entery -targets - stoploss
Good luck and happy trading 🌹
Confluences for an optimistic scenario in BZRXBUSD DAILYTechnical analysis regarding the price of BZX PROTOCOL in relation of dollar Binance for the next scenarios, based on daily movement.
Price formed a symmetrical triangle to which it was broken, we took the projection of the vertex and projected from the break, following the trend and we obtained the level as far as the price can reach, which coincides with the projection of channels mathematically applicable by Fibonacci.
Price being driven by the EMA for 34 periods.
Price is in a region of resistance that, when broken, will cause the price to rise to the projected targets. Soon we can see this cryptoactive effecting its new ATH (financial volume gaining strength driving the price) - Logarithmic scale.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
BZRXUSDTbzrx
The code has been decoded
Because the beginning of a new wave will create price momentum and the entry of new investors
The targets are clear on the chart to buy and maintain
BZRXUSDT: Possible Long (13.12.2020)On D1, the price found support at the 50% Fibonacci level. The RSI is in an uncertain state and is likely to return to the overbought level.
On H4, the price found support at the 76.4% Fibonacci level. RSI has reached the oversold level.
We recommend buying BZRX to hold the position above $ 0.33.
BZRXUSDTBZRXUSDT is on verge of a breakout. The market is printing a descending triangle pattern. Possible breakout price actions indicated. Breakout of RSI pennant pattern could be a confirmation signal.
