Bluzelle 10% from $0.63 price target @ 127.20% Fibonacci LevelBluzelle 10% from $0.63 price target @ 127.20% Fibonacci Level. March madness has been real, Bluzelle Buy signal was first mentioned in our crypto group in February, personally have been invested since early January seeing gains of 700%+. Since the 13 EMA crossed up from the 50 SMA on 01/03/21 we have seen Bluzelle Gain 400% from $0.12 to $0.62. This oracle is a gem and we can expect this to test the 2018 ATH of $0.80 and further set a new ATH at the 227.20% Fibonacci Level @ $1.04 which is a 80% Gain from the current price level @ $0.57. Our current price target for eoy is above $2+, a more detailed analysis on this price target will be updated half way through the year but at $2 dollars this is very very conservative and just above the 423.60% Fibonacci level and 250% gain from the current price level, we are just playing it safe with this target and there is a very high probability to see EOY price target above $10 as this Bull Run is only just getting started, and in fact we are at the cusp of a 4 year super cycle. Next Price target from our current price level is at the 161.80% Fibonacci level @ $0.77 (35% Gain from $0.56). Use the Buy Zone to map out your Buys if you are not already riding this wave, our group has seen some serious Gains throughout February and March. Happy Trading :).
Bluzelle is one of key oracles of choice in our portfolio see below Key Fundamentals on Bluzelle:
Bluzelle aims to be the go-to data layer for Web 3.0 by providing a decentralized data network that is tamper-proof and has greater privacy, scalability and availability than traditional solutions. Powered by Cosmos, Bluzelle handles 10,000 TPS and is a delegated proof of stake. Bluzelle’s DeFi solutions are being developed to enhance Defi with historical price feeds, provide data analytics, 360-degree views, and more. As DeFi grows, Bluzelle’s infrastructure services play a big role.
To date, Bluzelle has formed partnerships with a number of Polkadot-based partners:
Reef Finance: the first Polkadot based cross-chain DeFi operating system that helps to increase liquidity by integrating DEX & CEX into one single platform. The integration of Bluzelle Oracles price feeds will enable Reef to capture real-time price information in order to power the next generation of DeFi applications.
Stafi: unlocking liquidity for staked assets through their staking smart contract and alternative tokens. They will rely on Bluzelle’s powerful database to complete the upgrade of Staking Contracts, supporting including price predictions of rToken/original Token, over-collateralized data in Lending Protocol, and related transaction-related data in future Crypto.
Tidal Finance: a Balancer-like insurance market that allows users to create customized insurance pool. They will utilize Bluzelle’s decentralized database to distribute their data across network.
MANTRADAO: a community-governed DeFi platform focusing on Staking, Lending, and Governance. They will integrate Bluzelle’s decentralized database into their products, including their KARMA rating protocol.
Equilibrium: the first decentralized cross-chain money market that combines pooled lending with synthetic asset generation and trading. They will integrate Bluzelle’s price feed from the Oracles to power its main DeFi services like lending, borrowing, and trading.
RioDefi: a blockchain that bridges traditional and decentralized finance. They will integrate with Bluzelle’s database for off-chain storage or their DeFi data.
Phala Network: a smart contract blockchain on which you can develop confidential-preserving and privacy-first blockchain apps. They have chosen Bluzelle’s decentralized database as one of their off-chain data storage solutions for their main product, Web3 Analytics (winner of Web3 Foundation Grant).
BLZUSD trade ideas
BLZUSD buy opportunityBuy at market price with targets as resistance lines to scale out of your position.
BLZ target of 0.22 reached, next stop 0.30BLZ has broken out past its previous 1yr high of 0.2 up to the target of 0.22. With DEX support fast approaching, look for american access to BLZ to offer up a spike in demand that will send BLZ flying. There will be a brief pause at 0.30 but then it is well into price discovery mode where the sky is the limit. Look for at least $1 but could be multiples higher once mainstream adoption hits.
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.
BLZ/USDT 1W MidTerm🔘 17/26
💲 BLZ/USDT
🕔 Mid Term / 3 to 6 months
🛑 Stop loss NOT NEEDED
💵 Recommended Investment : 5% of portfolio
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
BLZUSD 1D long setup; breakout of the bull flagTA Explained
BLZUSD seems to have started a bullish cycle after hitting lowest prices in March as you can see in the 3D chart:
Currently created (and seemed to have broken) a huge bull flag. Targets could be way higher if you want to follow the next leg up but previous top is already pretty nice.
Trade setup
Best entries: 0.0687 - 0.0753
TP1: 0.0960
TP2: 0.1260
TP3: 0.1780
SL: 0.05870
RR: 8.24
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
BLZ cont CorrBLZ continues Correction
So as i wrote previous - @Its time to correct the price@
So we are near Bottom. Its Close To.
I strongly believe in Team and in Technology. So, im investing on it. Its Big for a Future. Its Huge fo Market.
Low Market Cap, But Strong Tech. and Head.
Cheers. its an aims. Its Not About Dates.
BLUZELLE 8.14.20 Almost all of these hot tokens have been printing the same patterns. why? simple. algos run these markets. They run up an asset and then lock people in at the top who fomo in. Then they retrace it a set amount but usually between 15-50 percent before running it back up. Its a move to scare out weaker players and really nothing new. Bluzelle is going to be offering 25 percent staking. That is huge.
BLZ/USDHello friends
According to the analysis I have done, I expect the trend to rise again and reach the targets I have set for it.
Be happy and successful
BLZ/USDHello friends
According to the analysis I have done, this currency is in an upward tunnel,I expect it to reach the targets I have set for it in the long run.
Be happy and successful