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WELL BLZ IS MOVING IN "ACCUMULATION" ZONE. SO I EXPECT IT TO PLAY IN THIS AREA FOR A LITTLE LONGER BEFORE COMPLETING ACCUMULATING AND PUSHING HIS WAY TO THE SKY
ENTERED AT 324 AND 273
NOW IS ADDED CLEAR THE ACCUMULATION AREA AND POSSIBLE MOVE OF THE PRICE.
This is accumulation so its coming back up!
Quite bullish on this setup, holding trend line for the moment and sitting above 38.6% fibs.
If and when market turns BLZBTC could well have a nice move if stays above trend line.
If support doesn't hold at the 50% fibs at 7264 then look for 6339 as a good entry.
200ma below that so plase stop loss just under 6339 as there is a chance of a 200ma retest.