BZRX/USDT : Targeting next major resistance after a retest...
BINANCE:BZRXUSDT
Hello everyone π
BZRX had a pullback from it's broken bearish trendline.
Now there are two located zones.
- Heavy support zone which is acted as a great reversal point..
- new resistance zone which formed cause of recent rejections on daily candles..
MA 50 has reached movement and it was control movement as a support !
Also there is a bullish trendline which has approached movement already.
π Bullish factors are winning in this scenario but the last thing is BTC.
π΄ 60K is an important resistance for BTC;
Any minor rejection can change the market's direction for couple of months !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Hello everyone π
BZRX had a pullback from it's broken bearish trendline.
Now there are two located zones.
- Heavy support zone which is acted as a great reversal point..
- new resistance zone which formed cause of recent rejections on daily candles..
MA 50 has reached movement and it was control movement as a support !
Also there is a bullish trendline which has approached movement already.
π Bullish factors are winning in this scenario but the last thing is BTC.
π΄ 60K is an important resistance for BTC;
Any minor rejection can change the market's direction for couple of months !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
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TELEGRAM :
t.me/Helical_Trades
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