שורט

BLZ - Midterm short, updating historical lows!

BLZ had been in a game almost a week and a lot of people bought, as you can see from volume at high.
Right now there is beatiful daily trendline and one of my most profitable setups that I usually trade on lower timeframes. Since it's drawn on daily timeframe, potential for a move is huge as everyone sees it.

I expect price to at least touch historical lows since it's a reasonable level for such formation.
I will enter in a couple days, when price squeezes to the trendline and BTC will be bearish.

P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.