BLZ/BTC TA Update (Early bullish sign?)
BLZ/BTC
BLZ is showing an early sign of bulls buying every deep correction.
We can also see a bullish RSI divergence during the 30% drop last week.
BLZ bounces off right at the bottom trend-line support of the descending channel.
But currently rejected by the top trend-line resistance. If BLZ pulls back and holds 220 area zone,
we might see a potential inverse H&S pattern and break bullish in the coming few weeks.
BLZ is showing an early sign of bulls buying every deep correction.
We can also see a bullish RSI divergence during the 30% drop last week.
BLZ bounces off right at the bottom trend-line support of the descending channel.
But currently rejected by the top trend-line resistance. If BLZ pulls back and holds 220 area zone,
we might see a potential inverse H&S pattern and break bullish in the coming few weeks.
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