BLZ Finishing the CorrectionThe persistent uptrend from September took wave 5 all the way up to 0.2200 in an ending diagonal.
Correction could be finishing wave C in the 0.1100 zone, which is a confluence of:
- 61.8% pullback
- major resistance/support level from August / early September
- just above 161% extension from waves A-B.
I´ll be watching how price reacts from this level to decide on a long trade.
BLZUSDT trade ideas
BLZusdtBLZ long set up.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
BLZUSDBLZUSDT is currently trading within a descending channel pattern, and our analysis identifies two significant potential buy zones, which are clearly marked on the chart as Scenario 1 and Scenario 2.
The first buy zone is situated around the level of 0.12638 , while the second buy zone can be found near 0.11006 . It's important to note that these zones also align with key psychological support levels.
By making these adjustments, your trading idea is now more organized and easy to understand.
blzIn the higher time, we may see such a movement, but in the lower time, a little correction can be seen
BLZUSDTBLZUSDTis trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 0.38% Fib retracement level.
If the sell momentum continues the next target could be 0.11 followed by 0.10 region.
What you guys think of this idea
Bluzelle usdt next WaveFirst big Target was between 0.20-0.22
A little downtrent, ready for the next Wave at 0.245
Good luck and much Profit
BLZ - rebound from POC and global ShortCoin: BLZUSDT
Direction: Long from POC- Short from POC
Comment:
$BLZ is about to reverseOversold for days #blz FWB:BLZ coin is ready to reverse
It will be something similar with what we had on $STORJ ...
blzThe first resistance zone we can see is the red box, and if it fails to break, the first support zone is the green lines and then it should be checked.
BLZ/USDT Signal Alert: Charting the Course! 📈🚀 BLZ/USDT Signal Alert: Charting the Course! 📈
Spotting the Levels:
📍 Current Spot: $0.1512
📈 Potential Resident: $0.1633
📉 Downward Watch: New Spot
🚀 Upward Targets: $0.1767 and $0.1982
📊 Analysis: BLZ/USDT is navigating the crypto seas. Here's your roadmap:
🟢 Stability: If it holds steady at $0.1512, the path to $0.1633 is in sight.
🟠 Uncertainty: Should it dip further, a new spot may form.
🔵 Optimism: In the upward scenario, we aim for $0.1767 and $0.1982.
📢 Trade Strategy: Keep a close eye on BLZ. Be ready to act as per the market's mood. Enjoy the ride with Bitxer! 🌊🌟
BLZ Bearish Divergence plus RSI Cross down 70Bearish divergence plus RSI Crossing Down 70 plus Bearish Engulfing
BLZFriends, this currency has three downward targets, and the price has reached the first target. The low-risk purchase is in the third target, although a more risky purchase can be made in the second target as well.
BLZUSDTAccording to the application of Elliott’s rules, we are almost close to the end of the base wave that extended for previous weeks, and it is the same strong and historical resistance area for the currency, according to the rules of volumetric analysis. A decline is expected in the coming period.Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look
Good luck
BLZ, consolidating for next pump! BYBIT:BLZUSDT.P
On 4h timeframe, BLZ is consolidating in a rectangle, it's currently on its Kumo cloud (act as a support).
We can try to setup a LONG position here to catch the bounce.
This setup is a bit risky , handle your own risk management. I will by some when it retests 0.178 - 0.180 zone.
Dont forget to checkout my view on BLZ's weekly view., it's very bullish cause its major trendline on weekly timeframe already broke.
Enjoy! Moon it!
Do your own risk management.
Follow me for more chart analysis. Dont forget to check out my X and other charts.
Patience is the key to success.
DYOR
Time for a Spring Short
Greetings, fellow traders! The time we've all been eagerly awaiting has finally arrived - the "spring" is in the air! for which we have patiently waited.
For the past month, BINANCE:BLZUSDT.P has been gracefully cruising within an ascending channel, elevating our spirits and hinting at an inevitable turning point - a drop. As seasoned traders, we understand that every uptrend has its expiration date.
BINANCE:BLZUSDT.P has impeccably adhered to the textbook's teachings, and now we find ourselves at the cusp of a bountiful spring - the perfect moment to embark on our short positions.
I understand the allure of longing for a retest of the breaker, hoping for continued upward momentum. However, remember that every party eventually comes to a close, even the most enjoyable ones. While we maintain confidence in the potential of BLZ and believe it to be undervalued, the structure of the market cannot be ignored. A fall is essential in order for BLZ to lay the foundation for a new higher high.
Let us navigate this structure with prudence and seize the opportunity to capitalize on the forthcoming downward movement. Keep a keen eye on BLZ as we embark on this exciting short position journey.
Stay vigilant, my friends, and may the market guide us to profitable endeavors!
Note: Trading endeavors carry inherent risks. Conduct thorough research, exercise caution, and make informed decisions to safeguard your investments.
BLZ/USDT Finally a Drop? Hey traders👋
Another one here is BLZ coin with a very good turnover to happen here. We see that price already started that hawkish bearish movement and as you all know after such a big push price really loves to go back to correction/re-test
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
#BLZ/USDT breaks the Diagonal Trendline in 4-Hour TF!#BLZ/USDT breaks the Diagonal Trendline in 4-Hour TF!
Waiting for a successful retest to short it. There is a major bearish order block there. FWB:BLZ local resistance level is PDL $0.198.
$BLZ #BLZ should fill the GAPFWB:BLZ #BLZ should fill the GAP all the way UP, exactly as $STORJ #STORJ did already
Expect Reversal soon ...
BLZUSDTBLZUSDT is in bearish trend.
Potentially printing LH and LL.
Bearish Rectangulat continuation pattern also form.
Because prize already broke the rectangular pattern so we sell at CMP.
BLZUSDTBINANCE:BLZUSDT Short idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
BLZ looks bullishHello Traders,
I'm bullish on BLZ for the next few weeks.
Reasons:
Double bottom
Breakout with good vloume
Low market cap
Keep an eye on it and buy the dip/pullbacks always.
Please hit the boost button and follow me for more ideas.
Thanks.
BLZ Run about to be over Time for BLZ to come down or else 0.26915 calling but you are safe if you use just 2% of capital after DCA
0.26915 will be next place to DCA if we don’t come down now but BLZ should come down now as this resistance is daily and weekly TF resistance
