Short Entry after Rising Wedge Breakdown
Greetings, Snipers!
Now would be a good time to short.
TP1 at $0.112
TP2 at $0.083
Please ensure risk management and stop-loss (trailing $0.141, $0.152 $0.163) as this coin has a pump-and-dump nature.
Happy Sniping!
- BLZ has risen over 150% in 2 weeks during a bear market
- The pump and dump forms a clear rising wedge
- The price has broken down, retested the lower bound of the rising wedge, and seems to continue downwards
- BTC is also bearish short-term
Now would be a good time to short.
TP1 at $0.112
TP2 at $0.083
Please ensure risk management and stop-loss (trailing $0.141, $0.152 $0.163) as this coin has a pump-and-dump nature.
Happy Sniping!
Currently re-testing the previous resistance for a re-entry.
Let's see if we can hunt for more!