If we zoom out and take a look on big picture, we will see huge accumulation cylinder with MAJOR support and resistance. BZRX is soon to touch support and, in my prediction, this time we could break the resistance.
Important thing to watch here is Volume, and as we can see, volume is increasing when price is rising and decreasing when price is correcting. That is good indicator for long build up.
Entery point for me will be when we break minor resistance of smaller channel and change the trend!
What is your opinion? Where is this going? Right time to buy? LEAVE A COMMENT!
Important thing to watch here is Volume, and as we can see, volume is increasing when price is rising and decreasing when price is correcting. That is good indicator for long build up.
Entery point for me will be when we break minor resistance of smaller channel and change the trend!
What is your opinion? Where is this going? Right time to buy? LEAVE A COMMENT!