TraderoftheCorn

BLZ Setup (BLZBTC)

Long
TraderoftheCorn Updated   
BINANCE:BLZBTC   Bluzelle / Bitcoin

We've been testing the valley at 0.00000413 all month, looking for a 4 HR close above here for entry. Had a "test" pump yesterday but came back down below this resistance. Also testing a major downtrend from April of this year.

Comment:
Closed the 4 HR above 0.00000413, looking to enter in the 0.00000410~420 range.
Comment:
First two targets hit! Closed the majority of position at 0.00000508 for a very solid 23%.

Still holding some in case we blast off, otherwise will look for possible re-entry at 0.00000461 as our new support.
Comment:
Back down to our support and bounces up exactly at 0.00000461. :) Still sitting out for now but nice to see these levels respected precisely.
Comment:
Coming back down to our original entry and trend line, possible re-entry at 0.00000413 area w/ a tight stop loss as BTC action could lead to some big dumps.
Comment:
Re-entered here at 0.00000415. Let's see if we can bounce and break the downtrend. Tight stop in place.
Comment:
Stopped out for small loss on this re-entry, no biggie as we still locked in some nice profits on this one overall.

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