BLOK: Upward reversalOn the daily, we have multiple positive signs for an upward reversal:
* Various oscillators confirmed bullish divergence
* Very low volatility levels, pointing to the potential for a strong move
* Higher low will confirm trend if price doesn't break down to support again
The chart is rather young, but all in all, I think it's not misplaced to be talking about a good chance for upward reversal here.
BLOKUSDT trade ideas
BLOKUSDT will hit the ATH 🚀After forming cup and handle pattern and breaking the resistance, BLOKUSDT is going to hit its ATH at 0.18 and it might hit a new record.
Best buy would be at retest previous broken resistance at 0.12.
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P.S. This is not an advice to buy or sell, that's just an analysis that needs to considered too.
Always make your analysis before a trade.
Daily Bullish divergence BLOKMACD bullish cross happened. Also bullish divergence and first green MACD candle after 23 days.
RSI broke main resictance line, which is also very bullish. Now target is overbought RSI.
Also big announcement about the beggining of th land sale is comming.
Long 0.071$ > Target 1 0.091 > Target 2 0.14$ > Target 3 0.25$
BLOKUSDT is testing a key levelBLOKUSDT is testing a key level inside a falling wedge.
Wait for the breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.