On a 1-hour timeframe, BLZ is going DOWN! RSI and MACD are also indicating a downwards trend. It touched the resistance level and formed a bearish hammer, indicating a downward trend. You can take a trade, set the stop loss at 0.4399, and take profit at 0.3566-0.4000. Keep the leverage as low as possible and invest only what you can afford to lose. It may resist at 0.3860. You can take the trade now and take partial profit at 0.3860. Close half of your trade if you see that it's going down, then close your next 50% when the consolidation area is successfully hit.
I suggest you wait for confirmation on the next candle. Wait for 19 minutes and then take a trade on the next 1-hour timeframe candle if it surpasses 0.400.
