Short Entry after Rising Wedge Breakdown

24 thg 8, 2023

Greetings, Snipers!

• BLZ has risen over 150% in 2 weeks during a bear market
  
• The pump and dump forms a clear rising wedge
  
• The price has broken down, retested the lower bound of the rising wedge, and seems to continue downwards
  
• BTC is also bearish short-term
  

Now would be a good time to short.
TP1 at $0.112
TP2 at $0.083

Please ensure risk management and stop-loss (trailing $0.141, $0.152 $0.163) as this coin has a pump-and-dump nature.

Happy Sniping!

26 thg 8, 2023

Ghi chú

🎯Quick and dirty drop to TP1!
Currently re-testing the previous resistance for a re-entry.

Let's see if we can hunt for more!