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Technical analysis by Flyte-X about Symbol BLZ: Buy recommendation (12/30/2023)

https://sahmeto.com/message/815705
Flyte-X
Flyte-X
Rank: 5989
1.6
Buy،Technical،Flyte-X

$BINANCE:BLZUSDT - More and more convincingly forming a flat bottomed wedge, declining volumes, with a rising probability of a breakout to the upside. HOWEVER - sitting just below the "floor" of the wedge lies a quite significant FV gap - Hence if this breaks down - look to see a reversal once this gap is engulfed. Place stops below it...

Translated from: English
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Signal Type: Buy
Time Frame:
8 ساعت
Price at Publish Time:
$0.34541
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