Stoic-Trader

BLZ Finishing the Correction

Long
BINANCE:BLZUSDT   Bluzelle / TetherUS
The persistent uptrend from September took wave 5 all the way up to 0.2200 in an ending diagonal.

Correction could be finishing wave C in the 0.1100 zone, which is a confluence of:
- 61.8% pullback
- major resistance/support level from August / early September
- just above 161% extension from waves A-B.

I´ll be watching how price reacts from this level to decide on a long trade.

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