Blz blazing the charts

On the 8H BLZ found very good support on the 26th August between 1700 and 1800sat, and did as high as 23% on its first leg up.

A minor retracement to 1800 created this easily tradable bounce to 2095.

As per 8H, Price is running within a symmetrical triangle (bearish) which sits within a larger Ascending Triangle(Bullish).

A break and hold over 2150 will send us up toward 2600 and a close under the 1900 price could end the run with a downward target at around 1650

All targets are based on current data and can rapidly change based on BTC direction.

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Happy Trading,

FIBAUS




Chart PatternsTrend Analysis

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