BLESS CAN DO IT AGAIN.. BACK TO $0,20+We following Bless from this bottom trend, with the expecting that it can return again with new wave, it can take some time, but the high chance is there depending on data.
BLESSUSDT.Pshort setup from daily support at 0.03388BINANCE:BLESSUSDT.P is likely to continue moving within the short trend. The asset dropped sharply and stopped right before the key level, now remaining in a narrow consolidation range. The key factor here is the absence of a corrective rebound.
Key factors for this scenario:
Global & local
Bless shorted.BlessUSDT has shown a bullish divergence which marked a potential Up movement, however, it brokedown instead.. hence shorted.
BLESS - BULLISH SETUP#BLESS - bullish setup 📈
After the well anticipated -60% bearish correction, I think it's time for bulls to be back on #BLESS .
Structure = bullish wedge📈
-60% correction✅
Support zone = above previous ATH (bull consolidation likely).
A pump toward 0.130$+ could be see again from this area. 🚀
THE MAIN TREND LEVEL IS THE REASON OF BREAKOUT BLESSWe previously identified the key main rend level, which is the reason for today’s breakout. We can learn a lot from this coin and apply the same analysis to other coins, such as Shell:USDT.
Since the breakout is a risk management.
Shell:USDT is our next follow which can show also a breakout soon
Bless Coin Elliott Wave Analysis: Impulse and Correction SetupBless Coin (BLESSUSDT) is currently showing signs of a high-volume impulsive move 🚀.
The market structure suggests that momentum has peaked, and now a corrective stage is forming.
📈 Current Setup
The chart indicates the development of an Elliott Wave structure.
Price is either entering the fourt
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.