BLZ/USDT It required break out the pattern to continue upward!💎 BLZ has notably caught the market's attention. It's currently facing challenges in breaking out of an Ascending Triangle pattern. Historical patterns show that BLZ often faces rejections after approaching the resistance of this ascending triangle. However, a successful breakout at the Higher Time Frame (HTF) could signal a bullish shift, probability propelling BLZ towards our target area.
💎 If BLZ continues its pattern of failing to break out, as observed in the past, it's likely to face rejection again and retreat back to the demand area around $0.250 to build new momentum.
💎 In this demand zone, a significant rebound is essential. If BLZ merely consolidates without a strong bounce, there's a risk of losing this crucial support area. This could lead to a further decline, potentially moving BLZ back towards the Bullish OB area.
BLZUSDT trade ideas
$BLZ trade updateBINANCE:BLZUSDT - More and more convincingly forming a flat bottomed wedge, declining volumes, with a rising probability of a breakout to the upside.
HOWEVER - sitting just below the "floor" of the wedge lies a quite significant FV gap -
Hence if this breaks down - look to see a reversal once this gap is engulfed. Place stops below it...
BLZUSDT Consolidating...FWB:BLZ has been on a hell of a tear -
Currently having smashed through a long term resistance at around 0.3360 and headed north to try the next at 0.3950 - didn't break and returned to the newly formed support at 0.3360...
It is currently on the 3rd re-test of this support - and in a clear falling wedge / Cup Handle with falling volumes...
What I am looking for is a rebound from this support to re-try for the 0.3950 resistance - if this can be flipped then heading for the blue zone....
This was tried on last daily candle and failed - falling right back to support - and incidentally forming a double top - so possible collapse of support is downside risk at which point looking at support in the 0.3000 region.
So I suspect invalidation for this trade is losing support and losing the 8H 100 SMMA
Blz chart with key levels for support and resistanceBlz key levels of support and resistance that are also price targets. This is done using an experimental method. This is not financial advoce
Bluzelle ( BLZ ) 61,8% retracementBLZ/USDT at 61,8% Fibonacci Retracement level.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
2billions before probitie2billions before probitie because of this LONG. No recomendation for investment
BLZ's uptrend is weakBLZ has entered a range after losing the trend line, and now we are near the top of this range, which is expected to move to the bottom of the range.
Movement weakness is seen when climbing.
demand support range is an important support. How the price may fluctuate is indicated on the chart.
Those who want to position on this symbol should observe capital management and do not position more than 7% balance on this currency and do not forget to set the stop loss.
BLZ/USDT short setup 30-40%BLZ had full cycle one of early pairs start rally didnt have any proper correction we had 5the truncation as 3rd was so strong .for mpw correction need for major 2nd wave
BLZ with old targetHy everyone, this is BLZ has a target that has not been achieved yet we hope u can take it from good area..
update BLZ map for both sidesHi everyone, this is update for BLZ map showing
what we think moves will be on blz chart for next days..
thanks for read this & put BOOST if you like it
goodluck
BLZUSDT 3D LONG📈Hi all. Timeframe 3D. BLZ is in the local downlink, globally forms a triangle. Depending on your type of trading, you can:
1. dial to the spot now
2. trading in a downstream channel
3. trading on the breakdown/retest of the downstream channel
4. trading on the breakdown / retest of the triangle resistance - a change in the trend to an upward one.
All profit.
will we catch both sides? Hi my friends, I hope you intristing like me in this time with crypto..
today we have BLZ and we think depand on our vision it will move up
before we can take any short.. BUT in this bullish market
we are intrested in LONG as you see we can take our long
from 0.23 &fly to 0.29 as we hope
finally I hope you understand cuz my language isn't ENG
and I have more information about my analysis but language doesnt help lol.
plz BOOST this ieda if you like iy
BLZ Long positionHi all. Today I opened 2 positions on this asset.
Position 1 was the main one, but it went into correction. During the correction, I got another one with the same volume.
Coin goals:
1 - 0.28305.
2 - 0.31844.
3 - 0.34368.
Next I will leave the part in position.
Have a nice day, everyone!
BLZUSDT-BOOOOM BOOOOMIt has made a good floor. It has broken its downward trend line and you can enter the pullback. To buy spot and futures, I suggest you check futures with leverage of 5 and 10. This currency has the power to pump up to at least $0.40.
blzIt is located between a support and resistance level. The failure of each side should be re-examined
$BLZUSDT bound to exhaust/reverseBased on the fractals of BLZ with the same pattern, a confirmation in the daily timeframe has already took place yesterday. We can expect to see a pullback up to the previous resistance area which is around .21.
BLZ UPDATE (1D)There are many questions about BLZ from which area this symbol will be rejected.
According to the CH and BOS that BLZ has had, as well as due to the existence of liquidity pools in the above areas, BLZ is only in a suitable place for a short position, which is listed as "Suitable place for shorts position".
A short position can be entered in the red area with confirmation.
Note that this is not a buy/long signal, we already signaled this symbol from the bottom.
BLZ Buying Frenzy: Seize the Opportunity Now!**BLZ Coin Fundamental Analysis**
BLZ is the native token of the BlitzDAO ecosystem, a decentralized finance (DeFi) platform that aims to provide a comprehensive suite of financial products and services. BLZ is used to govern the BlitzDAO protocol, incentivize participation in the ecosystem, and power various DeFi applications.
BlitzDAO is built on the Ethereum blockchain and utilizes a number of innovative features, including:
* **Decentralized governance:** BLZ holders can vote on proposals related to the development and operation of the BlitzDAO protocol.
* **Liquidity incentives:** BLZ is used to incentivize liquidity providers on the BlitzDAO platform, ensuring that there is sufficient liquidity for users to trade assets.
* **Fee sharing:** BLZ holders receive a portion of the fees generated by the BlitzDAO protocol.
BLZ has a strong fundamental case, with a solid team, innovative technology, and a growing user base. The token is also well-positioned to benefit from the growth of the DeFi ecosystem.
**Recent BLZ Coin News**
* **BlitzDAO partners with Aave to launch a new lending pool:** BlitzDAO has partnered with Aave, a leading DeFi lending protocol, to launch a new lending pool for BLZ. This partnership will provide BLZ holders with additional opportunities to earn rewards and will help to increase the liquidity of the token.
* **BlitzDAO announces plans to launch a decentralized exchange (DEX):** BlitzDAO has announced plans to launch a DEX in the near future. The DEX will allow users to trade BLZ and other assets without the need for a centralized intermediary.
* **BlitzDAO is listed on several major cryptocurrency exchanges:** BLZ is now listed on several major cryptocurrency exchanges, including Binance, Huobi, and OKEx. This increased availability will make it easier for users to buy, sell, and trade BLZ.
**Disclaimer**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
BLZ │ SHORT │ 06.11.2023BINANCE:BLZUSDT.P
Comment
Throughout the day yesterday, the instrument experienced a significant upward pull, but towards the end of the day, it was once again pulled down. This was followed by consolidation right before a key level, and it looked quite promising. We didn't observe the expected reaction to a sharp decline, which usually triggers a correction. On the contrary, what we can see is a clearly defined presence of sellers, as the price almost touched the level twice, and it seems like there is no one actively defending this level. Instead, the price gradually moves lower within a local consolidation, indicating that sellers are gaining the upper hand.
Signals for level breakout
bar/candles closure near the level;
close retest of the level;
accumulation of energy for level breakout;
consolidation near the level;
there is no reaction to a strong instrument movement;
the instrument is not allowed to increase in price;
there is a reserve of calculated ATR;
Order parameters (risk-to-reward ratio = 1 to 3/4/5)
Open : 0.2735526;
Stop loss : 0.2761894;
Take profit :0.2656422 / 0.2630054 / 0.2603686;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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BLZ - ready to retrace to Rebound Zone then up againBLZ got out of historic downtrend and pumped nicely to TP1. A gravestone doji was printed and this can signal a retracement to Kijun.
Long term, BLZ looks pretty bullish to me.
BLZ - Bluzelle Breaking stage 1 Bluzelle Breaking Stage 1 on 0.14 - 0.15 Area. Ready to see some confirmations.
Bluzelle is a decentralized storage network for the creator economy.
Bluzelle delivers high security, un-matched availability, and is censorship resistant.
Past movement cal tell us the volatility points from 0.14 level till 0.24 - 0.31 movement.
