Long
BZRXUSDT Price Action Range| Deviation| Trend Support
Evening Traders,
Today’s analysis – BZRXUSDT- trading above its range low where a deviation to the upside is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Low Volume
- MA Support
BZRXUSDT’s immediate price action is impulsive towards range low support, allowing for a bullish bias.
The current volume profile is on below average, an influx is highly imminent.
Current support is the 20 EMA, holding these levels is critical for a sustained move
Overall, in my opinion, BZRX is a valid long with defined risk,
Price Action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.” ― yvan Byeajee
Today’s analysis – BZRXUSDT- trading above its range low where a deviation to the upside is probable,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Low Volume
- MA Support
BZRXUSDT’s immediate price action is impulsive towards range low support, allowing for a bullish bias.
The current volume profile is on below average, an influx is highly imminent.
Current support is the 20 EMA, holding these levels is critical for a sustained move
Overall, in my opinion, BZRX is a valid long with defined risk,
Price Action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.” ― yvan Byeajee
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Disclaimer
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.