BLZUSDT 1D TA : In the ChannelAs we can see in the channel, the channel is down and is reaching the resistance range of the channel ceiling, if the channel fails, we will have a price increase, otherwise we will see the fall to the canal floor.
If the channel ceiling fails, the purchase offer will be made.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BLZETH
The completion of ascending wave ii from point 3The first uptrend is finished in the range of 0.26, and the price is moving in an upward channel, heading uptrend and the formation of wave 3, which is in sub-waves of 2nd wave from this point.
The price targets for this uptrend are initially 1.19 and the main target is 2.57.
#Bluzelle #BLZ will Melt Your Brain Off in 2021 - Targeting 555%>> If You think you Couldn't Make Money in The 2020-21 Bull Market due to your compulsive Buying and Selling, then BLZ is JUST for YOU!! <<
Today is Apr 12, 2021 (at my place) and Let me just say that #Bluzelle #BLZ will Melt Your Face Off by the end of 2021
- Targeting 555% (not bad at all) and I am going to HODL it for one year. (Except if it breaks that BLACK SUPPORT LINE)
Targeting for:
$1.49 Short Term
$3.33 Long Term
_____________________
- Sitting at mere $146,689,274 Market Cap (as on today) {and 22 mill tokens out of 285 mill circulating already staked i.e. almost 10%} is just a big Joke for a project of this calibre (also one of the OLDEST project in Crypto - since 2015).
- While the entire crypto market is now at 2 Trillion. It surely wont take long for #BLZ to reach out for the glory and with an easy $750 Million MC (ie. 5.5x) to may be even a $1Billion (7x from here) MC one day.
#BLZ has an exceptionally great team (advisors directly linked with Facebook, google and what not) is in simple words - a #PoS decentralized data network - has 10,000 TPS blockchain and is interoperable across any chain - and is solving issues like these - fortune.com
While many new projects have hardly any tech behind them with over 1Billion MC, BLZ team's periodic updates have been really really amazing - see this - blog.bluzelle.com
BLZ also provides staking option on their website with 25% annual yield (not bad if you are planning to HODL like me for a long time - I advise that you transfer it in your personal walle and do stake it - after buying it now.
- You can learn how the staking works in crypto market via youtube videos - My only suggestion is : use metamask (you'll understand this after watching those videos)
I am sure people will realise all this soon and start investing in this hidden gem and then you will be late again.
Good Luck - just sharing my views - this is not a financial advise - DYOR before investing
BLZ/BTC (Bearish Pattern?)💎Technical Analysis Summary💎
BINANCE: BLZBTC
-Bluzelle is painting a potential H&S pattern
-This pattern is bearish if the support neckline breaks
-This is also a warning sign if you have a Buy position
-Please reduce or close your trade if the support failed
-The next key level of support is around 500s sat
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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BLZ/BTC (Pullback After Breakout)BLZ/BTC
-Bluzelle is currently pulling back after the breakout strong breakout
-In my opinion, it will likely to test the previous resistance area
-If we can see Bullish rejection at this zone, and the support will hold
-There is a chance we can see a bounce up reaction up to 1800 sat
-We can also see the 200MA is catching up as dynamic support
-Watch the .618 Fib area, this will give extra buying pressure
-Do not rush in, let the trade come to you
-Plan your next trade
BLZ/BTC (New Higher High?)BLZ/BTC
-Since the Cross Ultimate indicator flashes a Buy priority signal
-The price today already increased by over 300% returns
-We can also see where the strong reaction at MA support last July 28
-The bounce shoot up over 60% increased that day
-BLZ is trying to make a new Higher High
-If the daily candle will close strong
-It is likely to reach the 1300 range
-But I do not recommend chasing this market
-Because the risk to reward ratio is no longer in your favor
-Wait for a good pullback or look for another coin instead
-Trade wisely and do not FOMO
BLZ/BTC (Approaching Key Resistance)BLZ/BTC
-cross ultimate indicator flashes signal Buy priority last June 11
-the price has rallied over 170% up
-we can also see the MA acted as strong support at 270 range
-after that, the uptrend continued higher today
-currently, BLZ is approaching strong resistance area at 800 sat
-we will likely see some pullback at this zone
-I don't recommend buying at the current level
-because the risk-reward ration is no longer in your favor
BLZ/BTC (Symmetrical Pattern? Bullish Continuation?)BLZ/BTC
-the price is testing the previous support area
-approaching key ascending trendline of support
-if this will be its potential new higher low
-it is a good buy zone to get an early entry before the breakout
-but for conservative traders, buying the breakout
-of the symmetrical triangle is the safest setup
-upside target is up to 360s
-stoploss is determined once we have an entry point
BLZ/BTC (Retest Previous Top?)BLZ/BTC
-cross ultimate indicator flashes Buy priority signal last May 24
-the price pump almost 100% after the signal
-BLZ retest the previous support and moving averages
-confirmed strong support and rallied up over 30% pump
-I do not recommend to buy at this level
-though we still have a chance to retest the top resistance
-because the risk>reward is no longer in your favor
-I will try to update the chart if we will have a good re-entry point
BLZ/BTC TA Update (Early bullish sign?)BLZ/BTC
BLZ is showing an early sign of bulls buying every deep correction.
We can also see a bullish RSI divergence during the 30% drop last week.
BLZ bounces off right at the bottom trend-line support of the descending channel.
But currently rejected by the top trend-line resistance. If BLZ pulls back and holds 220 area zone,
we might see a potential inverse H&S pattern and break bullish in the coming few weeks.
BLZ/BTC (Up to 100% Profit Target)BLZ/BTC
Triple Bottom, Broke Down-line resistance, Massive Bull
Volume, Higher High and now waiting for Higher Low.
This is looking Bullish daily uptrend.
Trade setup
Buy area: 330 Sats - 300 Sats
Sell target: 450 Sats - 600 Sats
Stop loss: 250 Sats
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#blz DONT MISS THIS SETUPPrices just broke out of falling wedge pattern (Reversal pattern). Red zones are profit taking zones. Once we break above a profit taking zone(resistance) use it as stop loss.
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Read other analysis below. ( Over 90 % accuracy so far)
BLZ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Area
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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Thanks for visiting.
BLZBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. I am sure, you will be get nice profit. Good Luck!
Thanks for visiting.
BLZ/ETH respected support and VC BottomPretty clear BLZ respected bottom of value channel as well as looks to have strong upside. Placed trailing SL below middle of daily VC.
BLZ - 5 Waves complete, undergoing correctionLooks like BLZ had a really short 5th wave and I miscalled the top of BLZ by about 10%.
The long wave 1 and 3, and unclear corrective pattern of wave 4 threw me off and left me thinking it was going to surge more than it did.
So Cycle 1 is complete, and the A wave correction from the 3 primary waves up hit the 0.382 correction line before bouncing, so it's an easy assumption that wave C will go as low as 0.5 or 0.628.
Given the timeline of of BLZ (1 month) for this cycle to play out, it's reasonable to assume that the correction cycle could take up to 18 days (61.8% relationship).
Potential landing spots for the corrective cycle are around 0.00077 to 0.00071 on BLZETH, and 5045 to 4640 sats on BLZBTC. 4200 sats is possible but less likely.
Maybe around May 8th? This is just a wild guess to see if I get it right. Please don't hold me accountable for this. ;-)
This is a pretty exciting development - as if this is a complete Cycle 1, then we can expect Cycle 3 to push the price to a peak of 10,000 sats! (1.618 ratio to distance travelled over Cycle 1).
But please don't buy now. Wait for at least a week. Probably longer.
I also switched to using the BTC chart for this coin because the wave structure actually seems clearer than the ETH one.
BLZETH - Wave 5-1 appears completeBLZETH appears to be finishing off a correction on Wave 5-1 (Of Cycle 1)
Based on Fib Ratios of Wave 1, Wave 3, and Wave 5-1 - and confluence zones between them...
It seems likely that Wave 5-3 will land somewhere in the 0.00107 area.
After a correction, likely to no lower than 0.00102, it should continue on a path to around 0.00117.
At this point, 5 waves will have been completed of a large market cycle, and we can expect heavy retracement.
If it hits the 0.5 retracement level, we can expect prices to drop to around 0.00085 again. Maybe as low as 0.0007.
Whereby it should begin Cycle 3 - which I imagine will be a very profitable cycle.
My wild projection for Cycle 3 will be a final price target of around 0.0019. Perhaps around December?