Hello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the price has come out of its triangle. We intend to hit Target One and Polbeck to hit the top level of the triangle and start its climb.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
elliot waves and fib levels are included mixed with resistance and possible resistance levels
possible resistance levels in pink
current resistance levels in red
if project is well enough and is able to support the chart, then the target is not impossible
- BZRXUSDT brokeout above the cup and handle resistance and hit a swing high.
- The market then retraced for a retest.
- Price is retesting the cup and handle resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
A Trading Signal is seen in the BZRXUSDT bzx Protocol
Traders can open their Buy Trades NOW
TP 0.6850 (200% Profit)
SL 0.065 (71% Loss)
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BZRXUSDT bounced off the descending triangle support as expected from my previous analysis.
Price is testing the descending triangle inclined resistance.
Potential rejection of the inclined resistance.
Sell entry ⬇️ - breakdown below the minor ascending channel resistance.
Target 🎯 - descending triangle support.
Setup invalidation ❌ - breakout above the...
13 count on TD Sequential indicates trend exhaustion combined with the break of a parabolic advance. Typically an 80% retrace can be expected - targets would be $0.205 range. Key levels are upper trendline of downwards channel in red and the volume node at $0.17.