FieryTrading

🔥 BLZ/USDT Bullish Wedge Break Out

Long
BINANCE:BLZUSDT   Bluzelle / TetherUS
BLZ is one of the crypto's who's generally left behind for a bit since it's consolidating over almost three weeks now. Early this morning it seems that BLZ has finally breached its consolidation phase and broke out of the bullish wedge, marking a new path upwards.

With Bitcoin being relatively bullish over the last two days, I expect that the smaller crypto's will follow suit.

On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers. Do your own due diligence.

Happy trading!


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