BLZUSD - Climb Back Into the Channel BLZUSD has climbed back into the Gaussian Channel on the Weekly
This is accompanied by a strong support touch on the Monthly chart along the middle of the Gaussian Channel
This is a potential bottom point for BLZ
Bluzelleusdt
ANOTHER METAVERSE CONTENDER CONFIRMING A BREAKOUT!Evening folks or whatever time it is in your zone.
Chart above is Bluzelle (BLZ) and it looks primed for a breakout.
For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside.
I strongly believe in this project coupled with the fact that its in the gaming sector of crypto along with their recent tweet a couple days ago saying they just joined the metaverse, I expect this to run hard.
$1 for the 3rd wave (green) and $2+ for the 5th wave(green) to complete the 3rd grandcycle impulse wave.
Let me hear your thoughts in the comments section.
BLUZELLE THE PERFECT BEARMARKET STEAL!Please see below, linked is the original idea for Bluzelle(BLZ)
I created a fresh chart layou inorder to provide another perspective into BLZ.
As you can see, currently trapped in an ascending channel, BLZ is the perfect coin to hold for the long haul right now.
At support of the larger trending channel, It is a steal to hold for long term gains.
If you look closely, it is also forming and ascending triangle, and we know that to be a bullish pattern.
This is just a shakeout, if you're selling you shouldnt be in the game.
Furthermore, if you were to analyze the chart above very well, you would see that it is slowly forming a bulish pennant, but didnt add the line to avoid too much cluster on the chart.
But anything could happen so make sure to use a stop-loss.
I believe the rest of the chart is self explanatory.
Hope this chart helps with perspective
