Market Pulse: Bitcoin's Dip & BlueZelle's ResilienceDespite Bitcoin's sharp downturn, BlueZelle shows signs of stability and potential recovery. An analysis of market psychology, key liquidity zones, and technical indicators suggests a optimistic outlook. COINBASE:BTCUSD CRYPTO:BTCUSD COINBASE:BLZUSD CRYPTO:BLZUSD
Bitcoin's Downturn: The recent Bitcoin drop was expected, with clear resistance and range boundaries acting as decisive zones.
BlueZelle's Stability: Despite overall market weakness, BlueZelle demonstrated resilience, with liquidity clusters indicating sustained buyer interest.
Bollinger Bands Analysis: Convergence of the Bollinger Bands suggests a key liquidity zone, supporting the likelihood of upward price movement.
Oscillator Signals: Both RSI and Stochastic indicators are emerging from oversold territory, hinting at bullish sentiment.
Market Psychology: Fear, greed, and herd mentality are driving current price action, but signs of stabilization are emerging.
Key Price Levels: Short-term retracement is expected to reach key levels around $0.068, with potential for further upside.
Strategic Advice: Avoid panic selling during downturns; market corrections are temporary, and historical patterns suggest rebounds are likely.
In this video update, we dive deep into the current state of Bitcoin and BlueZelle amidst a broader market correction. Bitcoin's downward trajectory aligns with previously observed resistance and range boundaries, suggesting the move was not entirely unexpected. Meanwhile, BlueZelle demonstrates remarkable resilience despite Bitcoin's turbulence, with key liquidity zones converging and strong buyer sentiment supporting price stability. The analysis emphasizes the importance of understanding market psychology, crowd behavior, and technical indicators like Bollinger Bands, RSI, and Stochastic Oscillators. Emphasis on patience and strategic decision-making, caution against panic selling during dips. With an expected retracement to key levels and potential bullish continuation, the market remains cautiously optimistic.
Bluezelle
Trading opportunity for BLZUSDTBased on technical factors there is a Buy position in :
📊 BLZUSDT
🔵 Buy Now
🪫Stop loss 0.1325
🔋Target 1 0.1600
🔋Target 2 0.1800
🔋Target 3 0.2100
💸RISK : 1%
We hope it is profitable for you ❤️
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BLZUSD current weekly candle has a sizable bullwickIf the current weekly candle on bluzelle can close above the rimline for this cup n handle pattern it should solidify the current bullwick it has made after having a sizeable dip below the rimline earlier in the current weekly candle. Only have to worry about readjusting the measured move line in my opinion if we close the weekly back below the rimline as I would guess that this c&h is most valid on the weekly timeframe. However we have closed at least one daily candle back below the rimline again so there is a slight chance the measured move would be better suitaed to be moved to the third break above the rimline on the weekly channel. For now I’m keeping the measured move line where I have it, but I may clone the line and put the clone at the third breach of the rimline on the daily chart jsut to see if it seems to be holding more legitimacy with its interaction with price action than the measured move lines current location does. Odds are good if this weekly does close above the rimline that bluezelles retracement may soon be ending and the pump resuming. *not financial advice*
BLZ/USDT Ready for Explosive Bull Rally?🚀 Bluezelle Analysis 💎Yello Paradisers, set your sights on BLZUSDT! It's currently holding strong at a pivotal support, hinting at a potential upward swing.
💎From our observations, BLZ has been tracing a descending channel in 4HR. Presently, it's maneuvering within this channel, with the upper boundary acting as resistance. Based on our projections, there's a significant chance that BLZ will aim for the supply zone in the near future.
💎However, if Bluzelle can't maintain its position above the support and breaks through, anticipate a marked descent. In case of support breaches, we have highlighted the next potential support.
💎Refine your trading strategies for BLZ with ParadiseFamilyVIP. Dive into our expert analyses on BLZ and other potential tokens, streamlining your crypto journey.
BLUZELLE BLZ SWING TRADE IDEAPresenting you the BLZ Bluezelle swing trade idea with key pivots/targets
$BLZ pump is coming We have a decent double bottom formation and golden cross just happened on 4h.
Targets can be as mentioned in the chart.
Not financial advice
BLZ - Midterm short, updating historical lows!BLZ had been in a game almost a week and a lot of people bought, as you can see from volume at high.
Right now there is beatiful daily trendline and one of my most profitable setups that I usually trade on lower timeframes. Since it's drawn on daily timeframe, potential for a move is huge as everyone sees it.
I expect price to at least touch historical lows since it's a reasonable level for such formation.
I will enter in a couple days, when price squeezes to the trendline and BTC will be bearish.
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BLUEZELLE - Important LevelsBLZ has been difficult to read recently due to the massive volatility spikes. From the higher timeframe, it looks like we can be heading to one of 2 key levels where we'll get a bounce.
First Level: 0.1800
78.6 Fibonacci and Structure
Second Level: 0.1200
We have previous structure where we saw a triple bottom. We could be making a higher timeframe double bottom before we move higher.
Trade Idea:
- Watch for reversal signs at one of those 2 levels
- When there's buying pressure, enter with stops below that structure level
- Target the recent highs as first target and then ATH as second target
Goodluck!
BLZ big resistance overheadBLZ got multiple resistance levels overhead, resistance trendline started in March, and looks like that price respects it (one bounce down since established), 200sma daily, and 0,28 level that was support and now acting as resistance. Now in this "small" falling wedge (bullish figure). SRSI is on the top and we have a chance to move down, retest 20sma, or that support found at 0.1855. If BLZ breakout above these resistance levels we could see a big move up so it's worth setting alarms for this one. Good luck traders
🌧️ BLZ In An Ascending WedgeBLZ is stuck in an ascending wedge, which is good for the short term. Beware of the local wedge forming, as BLZ may have a retracement if it fails to break the local wedge's top. If not, then expect BLZ to continue following the ascending wedge. Do not hold BLZ for too long since an ascending wedge usually means high risk of a downside retracement.
Bluezelle (BLZ) To Grow 100%+ In March? Full Trade Inside!We've been looking at BLZBTC (Bluezelle) and things are getting better.
We have a full trade already published 4 days ago with over 135% of potential profits, see it below:
Bluezelle Trade Signal (BLZBTC | 135%+ Potential)
This is just a friendly reminder, prices are about to move higher.
Remember to trade safely.
Secure profits.
Diversify.
Enjoy.
Namaste.
🆓Bluzelle/USDT Analysis (31/1) #BLZ $BLZThere is only a few days left for BLZ to launch Mainnet and this could help BLZ continue to surge in February.
However, BLZ still needs to conquer $0.15 zone to strongly rally to $0.24. If in the next few days BLZ fails to break out of this zone, it will correct to $0.11 zone to gain momentum to $0.24 zone.
📅NEWS
👉Feb 03 : Mainnet Launch
📈BUY
-Buy: 0.105-0.11$. SL if B
📉SELL
-Sell: 0.15-0.155$. SL if A
-Sell: 0.23-0.24$. SL if A
♻️BACK-UP
-Sell: 0.105-0.11$ if B. SL if A
-Buy: 0.078-0.082$. SL if B
-Buy: 0.15-0.155$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Bluezelle (BLZ), Another One | Possible 300%+What are we seeing here?
I am seeing altcoin after altcoin pair getting ready for a very strong bout of growth... Is it really possible?
It is already happening in many ways with huge profits coming in daily from a wide variety of altcoins.
Here we have Bluezelle (BLZBTC), which is now trading above resistance and aiming for a price increase.
Additional details on the chart including Fibs. targets.
Namaste.
Bluzelle Can Continue Growing (600%+ On The Weekly TF)Here we are looking at BLZBTC and multiple signals are showing that it can now resume growing.
We have a strong bullish candle to break back above EMA50, and very strong indicators.
Prices bounced just above EMA200.
Remember the Bluezelle (BLZBTC) weekly chart?
There is still plenty of potentials still left.
From the current price to ATH, we have over 600%...
And the altcoins pairs will most definitely hit new ATHs.
CHART
If you would like to show your support, make sure to hit LIKE.
Namaste.
BLZBTC analysisBuy 2 and green robo singal say we can buy. Here is my analysis:
1. Chart is currently at support, we can buy at support = 1100 satoshi
2. We can sell when resistance (downtrend line) turns to support (1D open & close above resistance) = 1450satoshi
Since there is an existing sell3 signal, either sell 2 or red robo signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.
Bluzelle (BLZ) New High, Uptrend ConfirmedWe call it 'UPTREND' when the candles close printing higher highs and higher lows... Bluezelle (BLZBTC) is now in a new uptrend.
What does this mean?
This is a brand new uptrend and prices dropped for years long.
Even if you see good/strong bullish action, keep in mind that this is only the beginning and there is still so much more to come.
We are very likely to see prices continue rising... Enjoy the profits on the way up.
Take a look at my previous chart, May 30...
Thanks a lot for your support.
Namaste.
BLZBTC In TriangleThis is short term trade, I expect to see gains in ~1 day timeframe. In case of breakout from triangle put sell orders around 1210-1250.
Stop loss inside triangle around 1080. Good luck !
LONG - BLZ - Trading OpportunityBINANCE:BLZBTC consolidating above the 4h cloud after a kumo breakout and retest, looking at previous highs as targets.
Entry: 0.00000380
Target 1: 0.00000410
Target 2: 0.00000437
SL: 0.00000366
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BLZ/BTC(WEEKLY), 100 WMA TARGET, 2XIt seems to have broken out of a wedge and found solid support above 50 WMA and is looking to target 100 WMA.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
BLZ/BTC(MONTHLY), BULLISH CRAB, 10X POTENTIALThis may have potentially bottomed and this is a big picture view and could take months to play out, so it seems like a good investment opportunity.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
LONG - BLZ - Trading OpportunityHuge ascending triangle on BINANCE:BLZBTC , volume checks out according to the consolidation, these wicks though show the huge volatility that has been affecting this coin through this consolidation period. The buy signal would be a close above the resistance on 0.00000285.
Entry: 0.00000285
Target 1: 0.00000352
Target 2: 0.00000381
SL: 0.00000265
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).