January 31, 2026

BLZ Breakout from downtrend and retracement from fall

BLZ Breakout from downtrend and retracement from fall

BLZ Breakout from downtrend and retracement from fall

BLZ Breakout from downtrend and retracement from fall

Bluzelle / TetherUS BINANCE:BLZUSDT
MultiG8


BLZ Breakout from downtrend and retracement from fall

BLZ Broke out FEB 4th and rose with volume to FEB 16th ish . Rose all the way from 13 1/2 cents to 24 1/2 cents which is almost double so I hope profits were taken. Then there was an extremely sharp fall back to the point of breakout and a little lower. Now it has broken through the .236 FIB so I would be a buyer with the expectation of the .5 and .618 retracements. I drew the FIB downward starting at the .245 all the way down to the point of breakout. The downtrend has been broken and so has a reverse head and shoulders been broken. I’m gonna go buy some with the .5 and .618 as targets.

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