Crypto4light

BLOK scenario for 2023

Long
KUCOIN:BLOKUSDT   Bloktopia / Tether
BLOKUSDT
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Possible Targets and explanation idea
➡️Over 260 days in accumulation stage
➡️Accumulation inside 27zone on weekly timeframe
➡️FIB trend extension (reaction at 1 lvl)
➡️Healthy correction to 0.786 lvl with break out potential downtrend line with retest
➡️Hard to say about timing but most likely retest will end around September
➡️Next targets 0.08 because supply is huge and circulation supply now 9%

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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

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