ANOTHER METAVERSE CONTENDER CONFIRMING A BREAKOUT!
Evening folks or whatever time it is in your zone.
Chart above is Bluzelle (BLZ) and it looks primed for a breakout.
For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside.
I strongly believe in this project coupled with the fact that its in the gaming sector of crypto along with their recent tweet a couple days ago saying they just joined the metaverse, I expect this to run hard.
$1 for the 3rd wave (green) and $2+ for the 5th wave(green) to complete the 3rd grandcycle impulse wave.
Let me hear your thoughts in the comments section.
Chart above is Bluzelle (BLZ) and it looks primed for a breakout.
For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside.
I strongly believe in this project coupled with the fact that its in the gaming sector of crypto along with their recent tweet a couple days ago saying they just joined the metaverse, I expect this to run hard.
$1 for the 3rd wave (green) and $2+ for the 5th wave(green) to complete the 3rd grandcycle impulse wave.
Let me hear your thoughts in the comments section.
Trade active:
Fortunately for us, the BTC dump didnt affect our trade.
Stop-loss still intact only by a few decimals tho, but still trade in play.
If you were able to snipe the bottom, good for you.
However, we could see a retest of the trendline once more before going up.
Targets remain unchanged!
$1+ (First Target)
$2+ (Second Target)
Fortunately for us, the BTC dump didnt affect our trade.
Stop-loss still intact only by a few decimals tho, but still trade in play.
If you were able to snipe the bottom, good for you.
However, we could see a retest of the trendline once more before going up.
Targets remain unchanged!
$1+ (First Target)
$2+ (Second Target)
Trade closed manually
