BLZUSDT strong uptrend, with good probability of continuationBLZ has shown one of the better performances in recent months compared to most coins out there. The resistance has turned into support which has been respected. This is likely to be the starting point of an uptrend continuation.Longby CryptoPAMMUpdated 7
Beginner's Guide : Identifying BTC-Resistant Crypto Sanctuaries As a crypto trader, shielding yourself from the stormy volatility of Bitcoin (BTC) is imperative. By creating a separate watchlist, you can identify safe haven assets that remain resilient during BTC's turbulent times. Whether you're a seasoned trader or a beginner, it's crucial to set up your watchlist accordingly to minimize risks and maximize trading opportunities. In this article, we'll explore the importance of a segregated watchlist and provide guidance on how to set it up. Separating Related and Not Related Pairs: To construct your segregated watchlist, utilize the convenient features provided by TradingView. Firstly, click on your existing watchlist and create a new list dedicated specifically to altcoins. Alternatively, you can categorize pairs using color flag feature as either related or not related, emphasizing the distinction between those influenced directly by BTC and those that operate independently. Experienced traders understand the paramount importance of maintaining a segregated watchlist. However, if you're a beginner, it's never too late to establish one. While you may not trade the same pairs as me, the fundamental concept remains crucial—identify safe havens shielded from BTC's erratic movements. As a beginner, now is the perfect time to create your own watchlist and align your trading strategies with reduced risks and increased potential rewards. Example list i am using (you should backtest and make your own) 1. Blue-Chip (Not Related): This category comprises altcoins that have limited correlation to BTC's price movements. They are considered more independent and can offer alternative trading opportunities. Examples include BINANCE:BLZUSDT.P , BINANCE:TRBUSDT.P , BINANCE:STORJUSDT.P , BINANCE:CYBERUSDT.P , BINANCE:WLDUSDT.P , BINANCE:COMPUSDT.P , and BINANCE:SXPUSDT.P 2. BTC Strong Related: These altcoins closely follow BTC's price movements. Traders should be cautious when considering trades within this category. or just trade BTC instead. Examples include BINANCE:1000PEPEUSDT.P , BINANCE:PERPUSDT.P , BINANCE:FETUSDT.P , BINANCE:XRPUSDT.P , BINANCE:AGIXUSDT.P , BINANCE:YGGUSDT.P , BINANCE:OMGUSDT.P , BINANCE:BNBUSDT.P , BINANCE:1000SHIBUSDT.P , BINANCE:DOGEUSDT.P , BINANCE:SUIUSDT.P , BINANCE:ARBUSDT.P , and BINANCE:RUNEUSDT.P 3. Fast Bouncers: These altcoins have a temporary correlation with BTC's price, but they often recover quickly and resume their original trajectory. Traders may find opportunities here despite the short-term impact of BTC. Examples include BINANCE:AGLDUSDT.P and BINANCE:OPUSDT.P Personal usage of watching list. Scene 1: when Btc is extremely volatile trade btc and the unrelated pairs only Scene 2: when Btc is in consolidation all coins are tradable thats it . hope this helps :) Educationby hmmmmmmmmhPublished 3
BLZUSDT Buy Setup!!BLZUSDT (4h Chart) Technical analysis BLZUSDT (4h Chart) Currently trading at $0.203 Buy level: Above $0.20 Stop loss: Below $0.16 TP1: $0.238 TP2: $0.245 TP3: $0.3 TP4: $0.4 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughtsLongby GreenCryptoTradesPublished 2210
longer must becarefullrising wedge pattern + bearish divergence better take profit hereShortby blasius75Published 3
A new plan of #BLZUSDT.PBYBIT:BLZUSDT.P bigshort leverage x5 Stop loss : 40%Shortby hungde1211Published 115
Blz / usdt short ideaShorted blz at this price with 3x lev stop loss at 0.21Shortby XenkachartsUpdated 8
blzusdt- mentoringblzusdt- big run-up in last days was very hard for me to chart probably major resistance around 28850 from there possibale to look for short possibale to make small long scalps until reaching this target if correct to vasinity to 14000 look for long Longby justclueless123Published 1
#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistanceBluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support. ⚡️⚡️ #BLZ/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (4.0X) Amount: 6.4% Current Price: 0.15552 Entry Targets: 1) 0.16459 Take-Profit Targets: 1) 0.12635 Stop Targets: 1) 0.18375 Published By: @Zblaba FWB:BLZ BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com Risk/Reward= 1:2 Expected Profit= +92.9% Possible Loss= -46.6% Estimated Gaintime= 4-8 days Shortby TradingOnUpdated 7
BLZUSDT - MM IDEALDon't short BLZUSDT if you don't understand how it operates. Prioritize trading with the trend. Entry Long: 0.159$ Entry Short: 0.35$ Goodluck!Longby THELUMOSUGPublished 3
BLZ DAILY CHARTBlz is still bullrish and It continues its movement within the rising channel, by following the channel, buying in the lower band and selling in the upper band can be evaluated.Longby kungfutradersPublished 2
BLZ bearish OBVBLZ diverging with OBV showing weakness as it approaches weekly resistance in 4h chart taking my short positions and sl above 0.2 region DYORShortby alwayswin00tradesPublished 117
Blz ready to shortI expect the price to return from the resistance area of $0.18 to $0.14Shortby MySpotSignalsPublished 6
In the the popOften times when a crypto is trending up strongly like this, a fomo spike follows soon after. Position on here towards 0.20$+. Remember to not invest more than you can afford to lose. Longby MysteriousPersianPublished 6
BLZUSDTBLZUSDT is in bullish trend. Potentially printing HH and HL. No sign of trend reversal from here. We wait and watch for the breakout of last HH.Longby Naqash91Published 4
Will BLZ be a textbook wyckoff example?Greetings, fellow traders and crypto enthusiasts! Today, I want to share an exciting opportunity that has emerged in the cryptocurrency market. Brace yourselves for the majestic rise of BINANCE:BLZUSDT.P - it's time to dive deep into the incredible potential of BLZ! Admittedly, the crypto space has recently witnessed erratic fluctuations, with countless coins succumbing to Bitcoin's extraordinary influence. But fear not, for BLZ has defied all odds and exhibited an unparalleled degree of predictability since August. It proudly stands as one of the rare gems immune to the whims of Bitcoin. As we delve into BLZ's journey, a harmonious pattern emerges. We have witnessed captivating climaxes, strategic retracements, and exhilarating upthrusts - each meticulously adhering to the hallowed pages of trading textbooks. Now, it's time for the grand finale: the "spring," where the market throws a breathtaking fakeout, providing the perfect opportunity for us to initiate our short positions. Behold the remarkable tale of the 4H pattern, which unveils an upward wedge, ominously signaling a bearish outlook. Moreover, keen observers might discern the presence of a tantalizing double top in the sideways motion. However, it is crucial to note that BLZ defies conventional norms, as the journey ahead transcends the typical contours of a mere retest for the right shoulder. Fuelled by sheer excitement, I have decided to embark on this grand adventure by entering a long position. To stay one step ahead, I will meticulously monitor the trends, ever-ready to seize the moment and gracefully Reverse my position after the sight of the final Spring. Now, my fellow traders, the stage is set, and the spotlight is on BLZ. I turn to you, seasoned experts and budding enthusiasts alike - what are your thoughts? Will BLZ continue dazzling us by adhering to the sacred laws of trading, or are we on the precipice of the most audacious trap ever set? Note: Trading involves inherent risks. Please conduct thorough research and exercise caution when making investment decisions. Longby hmmmmmmmmhUpdated 6620
💡Trade Idea #BLZ/USDT:One of our crew members sent this to me. This is a very bullish setup, but everything is bearish inside the market. Still need to be prepared for anything. Of course, I would love to see a breakout to the upside.by planfomoPublished 4
BLZUSDTThis is a 1W frame analysis for BLZUSDT We are analyzing this cryptocurrency in a weekly time frame to get a better understanding of the market, which has been able to perform well in the negative days of the market. As you can see, we can see an ascending triangle pattern which after breaking the weekly key support was able to gain support and after breaking the white line resistance was able to make a good rise up to the R1 region. However, we can see the last few candles which are closed with a doji or a shadow which can be an indication of fear in the market and selling. If the weekly candle closes above our support region and is able to cover more of our body candle, we can expect a bullish movement towards the resistance levels.by MarsSignalsPublished 1
BLZ RISING WEDGE WITH A STRONG RESISTANCEBLZ formed a rising wedge with a strong resistance on top which is looking for a correction leg to form up on the current bullish trend formed. Here we expect a minimum retracement close to 38%-50% on the bullish trend formed. We should wait patiently for a better bearish confirmation here.Shortby TraderChamp-ProPublished 3
BLZUSDT short with smart money and price actionThe trend has changed. And now the price is dropping after breaking the ceiling of the channelShortby payamyektaUpdated 4
Blzusdt, end of the trend?it looks like blzusdt getting weaker today, so I go short, invalidation if 4hr close is above todays high.Shortby OSS_TraderPublished 2
BLZ SIt's had it run for now, entering this OB. In my humble opinion invalidation is close and clear enough, probly a BTC pump would stop this trade so low riskShortby ensue-ensuePublished 4
TIME TO DROPI think this will happen. The divergence, the pattern, the powerful area above the price says this.Shortby danyaliPublished 3
BLZ | It's time to take a breakAfter a series of successive rises that pushed its price from 0.05 to more than 200%, it is time for it to take a temporary break. It was clear from the chart that the suffering was felt in the 0.15 area and it is time to retest previous supports if there is any intention among the bulls to push towards new heights. I expect a successive and temporary decline over the coming days. A Short trade was opened with a tight SL Entry : 0.142 SL : 0.1688 TP1 : 0.12767 TP2 : 0.11797 TP3 : 0.10877 TP4 : 0.09510 TP5 : 0.08217Shortby AhMohHeUpdated 7