BLZ - Midterm short, updating historical lows!

14 มิ.ย. 2022

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