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BLZ rally

BLZ rally

BLZ rally

BLZ rally

Bluzelle / TetherUS BINANCE:BLZUSDT
iBijan


BLZ rally

Hello, trading view community. should you like this analysis please support with likes and comments. Thanks
Never risk more than you can afford to lose.
Always DYOR.
BLZ has already made a double bottom pattern on daily time frame, hence there is hope that BLZ may reach to the following targets:
First TP $0.2667
Second TP $0.322
Third TP $0.408
One should take the following requirements into consideration:
BLZ needs to break up the $0.2309 resistance zone , which is a very strong level, because montly and weekly level have been clustered there coincidentally.
After breaking the aforementioned resistance level BLZ may form a pullback then raaly will begin.
the first two targets is achievable easily but regarding the last target one may exercise a little bit more caution. Anyhow BLZ need to reach to last target because it should surge upto & 0.408 resistance zone which is a monthly level.
This is personal idea and I am not a financial adviser.

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