PoopTrader

$BLZ Inverted Complex Head and Shoulder

Long
PoopTrader Updated   
BINANCE:BLZBTC   Bluzelle / Bitcoin
Hi friends! Welcome to Poop's long term forecast for $BLZ

Recent developments on $BLZ hints a larger inverted complex head and shoulders will likely form on $BLX as a result of a rally from the current inverted head and shoulders pattern that has successfully crossed its neckline. This supports our prior analysis that $BLZ was forming another broadening wedge bottom similar to what we saw on $LTC which triggered 2019 Altseason.

Our bullish bias is supported by a confluence with volume and a strong double bullish diversion signal which appeared in 1D Chart that spans for over 3 months.

The entire bullish projection could see a 300% rally which could be overly optimistic for some of you but you all know what crypto is capable during #altseason.

This is just a guide, not a trading advise.

Hit like and follow for more chart updates!

Thanks

-Poop Trader
Comment:
Here's a short term outlook showing the inverted head and shoulders pattern that will cause the rally that will form the larger complex IHS


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.