BLZUSD trade ideas
BLZ BLZ Cup n Handle ACcumulation setup. Major accumulation on the lower Cup range in Grey. I set a projection to focus on this drop accumulation and range to focus on the breakout around Dec 11th region if it breaks 0.07-0.09
The first chop range of focus is 0.09-0.14 with a pop potential to 0.17-0.24 for the first retest to the first supply range.
This may take a triple bottom Inverse HNS for a reversal run up. Watch the first trap at 0.1401 when we break 0.09
These are just thoughts and not to be taken as financial advice
1LoV3
Excellent opportunity for investment
=======> Excellent opportunity for medium term investing BINANCE:BLZUSD
BLZ Accumulation SpikeBluzelle has been on a slow accumulation campaign, being methodically absorbed since the 18th of June by informed interests. Notice demand surging each time the PA touches an important juncture: TRS (range support), TRM (range midpoint), and now at TRR (range resistance). It's also emitting demand tests amidst a sea of low-level supply. All this while it steadily climbs microtrend support en route to an inevitable collision with the 1.0% Fibonacci resistance confluence. Will it go up or down? All signs point north for now, but all this depends on BTC continued upward trajectory this weekend. Just in case I'd set a limit sell order between the .272 and .618 target zones (netting 9-19% potential gains). Smash and grab and GTFO.
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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
BLZUSD LongOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
BLUZELLE CHART UPDATE⚠📢In our previous original BLZ analysis, we talked about how price to go over $1 and up to $2 eventually.
However I recently discovered the price data on Binance was not complete, hence a re-analysis.
Just like the others published recently, turns out this is also a First Wave Extension.
Trade Idea Enter with stops below the triangle and target previous local ath (blue horizontal line) as 1st target
2nd target Previous ath within the rectangle
Hodl the rest to $1 if you're feeling extral bullish and lucky.
For swing Traders, you can target the Triangle resistance.
Previous Analysis linked below.
#Bluzelle #BLZ with invalid buy signals so far...#Bluzelle #BLZ with invalid buy signals so far...
...but all went quite well..
What was missing?
- price has to be above EMA200 for valid buy signals
- buy signal has to be confirmed by QQE indicator.
Let us see if Bluzelle can confirm the volume resistance breakout and if we get a 3-star buy-signal.
What do you think #Crypto Nation? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
BlazeBlueLooks like a descending wedge, RSI is getting oversold. Let's see what happens. I think short term the BTC dump is over, although we could see 38k worst case which would drag this project down with it and invalidate the setup.
Bluzell huntingBluzelle has broken its downward trendline. Just wait for a pullback to major area and watch the price reaction.
It is not a financial advice. Do on your own risk.
Bluzelle (BLZ) back over support and with room to growBluzelle (BLZ) back over support and with room to grow.
Not much more to say 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Hello World , My Name Is: Rachid Agdi This is my ChartHello World , My Name Is: Rachid Agdi This is my Chart
BLZUSDT-Ema 20 and 25 carries the price.
-Bowl formation goal is the same as bowl height
-Elliot wave principle. 5th wave will begin
-Web 3.0 is promising
This weekly chart. Think medium-long term
BLZ/USD: Strong Support RejectionStrong Support Area is in the Bluzell and the wait for update from this coin tonight 7pm UCT !!!