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Blztoken

BLZ COIN NEXT POSSIBLE MOVE AND PRICE ANALYSIS!!FWB:BLZ Coin Update & Possible Move!!. • BLZ Coin Failed To Break its 1D, 1W Strong Resistance. • MACD &RSI Look Over bought on 4h, 1D Tf ( Bearish sighn ). • 1st Local support is at 0.081$-0.079$ ( small bounce back expected ) • Strong supports is 0.070$-0.067 & 0.057$ . ( good ranges for buy again for swing trade+ for longterm holding. REMEMBER !! we just share analysis not a trade setup. Do trade according to your own strategy. FOLLOW US FOR MORE ANALYSIS
by CRYPTOPLAYERS-01
1
BLZ (Bluzelle) Token Analysis 21/04/2021Fundamentals: Bluzelle is a decentralized data layer for dapps to manage data in a secure, censorship-resistant and highly scalable manner. Bluzelle is powered by Cosmos and its BFT technology Tendermint, making it compatible with various blockchains. As developers continue to build Dapps, relying on centralized databases by AWS, Microsoft and others is a centralized point of failure. True freedom requires the full stack to be decentralized, not just one part. That’s where Bluzelle aims to provide a critical piece in the advancement of Defi, supply chains, gaming, and other Web 3.0 sectors. 1.Bluzelle’s core products are all related to data and powered by its Tendermint Blockchain: 2.Bluzelle DB - a decentralized database for software developers to store information 3.Bluzelle Oracles - a truly decentralized pricing oracle that provides high speed and high security for Defi applications 4.Bluzelle Staking - where BLZ holders can currently stake their tokens and earn rewards for providing storage and pricing data. BluzelleNet powers the entire ecosystem as a 10,000 TPS Proof-of-Stake network. Becoming a validator was designed to be an easy process with minimal technical knowledge. The vision is to have a network of tens of thousands of nodes working together to provide the most available and secure database in the world. Bluzelle wants every device to become a node, from computer hard drives to video game consoles to mobile phones. Those who do not want to become a validator can delegate their tasks to another validator, ensuring everyone can be part of the network and generate fees. Pavel Bains and Neeraj Murarka founded Bluzelle to address the fragmented data link in the blockchain and DeFi space. Both Pavel and Neeraj hold extensive technological experience with a demonstrated history of working with major global players. Pavel previously co-founded Storypanda, a digital book platform amassing the attention of acclaimed titles by DreamWorks, Warner Bros, and more. With a deep understanding of financial aspects, Pavel actively led the GM and CFO roles at Disney, handling budgets of tens of millions of dollars across 4 continents. Neeraj is an engineer and computer systems architect holding extensive experience of 20 years working with global players including Google, IBM, Hewlett Packard, Lufthansa, and Thales Avionics. The Bluzelle team members have worked for Disney, Sony, Google, Lufthansa, Electronic Arts. They are recipients of the Technology Pioneer Award by the World Economic Forum and named Forrester as a top blockchain vendor in Asia. Its team is based in two locations, Singapore and Vancouver (Canada). Bluzelle is backed by industry funds like NGC, Hashed, KR1, and Kenetic. Bluzelle has building an ecosystem of partners to enhance use of its database and oracles product: Cosmos/Tendermint Polkadot Polygon (formerly Matic) Ankr Equinix (NASDAQ $50B Company) The live Bluzelle price today is $0.389196 USD with a 24-hour trading volume of $35,338,335 USD. Bluzelle is up 2.75% in the last 24 hours. The current CoinMarketCap ranking is #385, with a live market cap of $111,284,391 USD. It has a circulating supply of 285,934,224 BLZ coins and the max. supply is not available. The top exchanges for trading in Bluzelle are currently Binance, Huobi Global, CoinTiger, MXC.COM, and BiONE. Technical Analysis: The Token has done its initialization and Accumulation Phase and Completed An Impulsive cycle where currently is Reneging on the Retracement Phase, We can see clearly the Price Has touched the 261.8% of Fibonacci Projection of the First Impulsive wave, after the Accumulation Phase and now is renege bounding in the Parallels legs of the same Projection after the Distribution of 261.8%. There are chances that the price Continue its Retracement to the lower levels which are defined by Fibonacci Retracement and Specified on the chart where as most Probably they will stand and Bounce Up the Price. There are total of 3 Targets Defined by the Fibonacci Projection and Total of 2 Support areas by Fibonacci Retracement and 1 low of the Projection
Long
by BitonGroup
4
BLZ/USDT 1h Long opportunityBLZ shows a lot of strength despite te BTC drop, on 1hr timeframe we got a bounce from MA50 and on 15min from MA200. We can see a small Falling wedge, if we manage to break out from this we may retest recent high which was around 0.319 and then form a DT. For now we can enter on the break out of this FW or either on a retest. Watch if the volume increases while breaking out. It is not a financial advice, always do your own research and analysis. I'm just sharing my personal view.
Long
by BeaT16
2
I Put My Bet on $BLZ If It Breakout... 30% ++ is Waiting!I love the name of the token, "Bluezelle". Sounds like fairy tale or something. By the way, talk about fundamental behind this token. 1. Have 500,000,000 total supply, while 194,767,618 on circulating. 2. BLZ is an ERC-20 token 3. A decentralized data ecosystem that allows individuals and businesses to have full data control and the ability to monetize that data 4. Listed on big exchanges such as Binance, Huobi and Gate.io 5. Young project, as it's recoginized on coinmarketcap.com was on February this year 6. In my opinion the project topic is quite relevant at the current trend and i'm looking forward for the progress because i'm agreeing on "blockchain as the new internet" which are cheaper, faster, have more rewards and decentralized. Looking at the chart, it's quite flat for several months now. I'm looking for great R:R trade which is BLZ get into my radar. I should've dig this early around 1900 - 2000 sats as the first breakout confirmation zone. It made 1/4 from capital or 25% from that level at the moment. Looking forward for second breakout moment on the range of 2425 sats to 2500 sats. If we break and hold, I will bet it on 3172 sats as the nearest resistance and it will made me around 30%+. I'm worry if this one will make a higher high double top but i will consider for opening possibility the second entry. ******************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
Long
by blockchaindedi