Technical analysis by weslad about Symbol BLOK: Buy recommendation (5/20/2024)

BLOKUSDT presents a compelling buying opportunity as the price has completed a full pullback to the top trendline of the wedge formation. We anticipate a reversal at this point, leading to a potential rally. Our focus is on achieving the mid-term target as indicated in the analysis. This setup suggests a strong potential for upward movement, and we should consider this opportunity while applying appropriate risk management strategies.Focus more on the external demand area as provided on the chart.