BINANCE:BLZBTC   Bluzelle / Bitcoin

We've been testing the valley at 0.00000413 all month, looking for a 4 HR close above here for entry. Had a "test" pump yesterday but came back down below this resistance. Also testing a major downtrend from April of this year.

Comment: Closed the 4 HR above 0.00000413, looking to enter in the 0.00000410~420 range.
Comment: First two targets hit! Closed the majority of position at 0.00000508 for a very solid 23%.

Still holding some in case we blast off, otherwise will look for possible re-entry at 0.00000461 as our new support.
Comment: Back down to our support and bounces up exactly at 0.00000461. :) Still sitting out for now but nice to see these levels respected precisely.
Comment: Coming back down to our original entry and trend line, possible re-entry at 0.00000413 area w/ a tight stop loss as BTC action could lead to some big dumps.
Comment: Re-entered here at 0.00000415. Let's see if we can bounce and break the downtrend. Tight stop in place.
Comment: Stopped out for small loss on this re-entry, no biggie as we still locked in some nice profits on this one overall.

Comments

No more chances for de BLZ from here?
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TraderoftheCorn UnknownUnicorn4418048
@UnknownUnicorn4418048, Too risky right now for me with BTC looking bullish, this might come back to the all-time lows at 330 area.
Reply
UnknownUnicorn4418048 TraderoftheCorn
@TraderoftheCorn, it got worse actually.
Reply
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