BLZ Next stop 0.22, Mainnet Feb 3rd!With Mainnet fast approaching on Feb 3rd, look for Bluzelle to complete the breakout up to the next resistance, 0.22 USD and beyond.
BLZUSD
BLZ Symmetrical Triangle PatternBLZ, ready to break out as the impending Feb 3rd Mainnet launch approaches. Symmetrical triangle consolidation will lead to a breakout upon news to be released feb 1st
🆓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"
BLZUSDT - Potential buy entry 🔼BLZUSDT is printing a falling wedge pattern.
Price brokeout above the wedge resistance.
RSI is printing a bullish divergence signal.
Price action is printing a minor ascending triangle pattern.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
BLZUSDT - Potential buy entry 🔼BLZUSDT is testing the ascending channel support.
Price action is printing a minor ascending triangle.
Buy entry ⬆️ - breakout above the minor ascending triangle resistance.
Target 🎯 - fibonacci extension levels.
✳️Bluzelle/USDT (4/11) #BLZ $BLZ #BLZUSDTBLZ has a support zone at 0.05-0.055$ and it is likely that over the next few days BLZ will have a correction to the 0.075-0.08$ zone.
However, if this zone is broken, the BLZ will drop very sharply and the target is at 0.04$ or even 0.02$
📈BUY- LONG Strategy
- Buy: 0.05-0.055$, stoploss if B
📉SELL-SHORT Strategy
- Sell: 0.075-0.08$, stoploss if A
- Sell: 0.115-0.12$, stoploss if A
♻️BACK-UP Plan
- Sell close to 0.05-0.055$ if B, stoploss if A
- Consider buying: 0.04$, stoploss if B
-Consider buying: 0.02$, stoploss if B
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
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Bluzelle is going UP ...Note: DYOR before opening a trade.
Bluzelle is in a very strong position to open a long here. It has just bounced back off a very strong support and sitting just near 20 MA. It can possibly go and test the resistance.
TP: 0.115
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 breakout Bluzelle BLZBTC BLZUSD BLZUSDT BLZETHBLZ breakout Bluzelle BLZBTC BLZUSD BLZUSDT BTLZETH
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