BLZ/BTC (Approaching Key Resistance)

BLZ/BTC
-cross ultimate indicator flashes signal Buy priority last June 11
-the price has rallied over 170% up
-we can also see the MA acted as strong support at 270 range
-after that, the uptrend continued higher today
-currently, BLZ is approaching strong resistance area at 800 sat
-we will likely see some pullback at this zone
-I don't recommend buying at the current level
-because the risk-reward ration is no longer in your favor
-cross ultimate indicator flashes signal Buy priority last June 11
-the price has rallied over 170% up
-we can also see the MA acted as strong support at 270 range
-after that, the uptrend continued higher today
-currently, BLZ is approaching strong resistance area at 800 sat
-we will likely see some pullback at this zone
-I don't recommend buying at the current level
-because the risk-reward ration is no longer in your favor
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.