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BLZ

📊 BLZ moved 23% and stopped. But there's still hope !Hello, dear TradingView members. This idea is a BLZ analysis. BLZ pumped 23%, got rejected by the upper Bollinger Band, and saved by the middle band! Once the price crossed the upper band, the RSI became overbought, which caused weakness and pushed the price down. The RSI is showing consolidations around the center, and the price also bounced back up from the middle Bollinger Band. Moreover, as we can see, the price is trying to make another attempt to break the resistance level. Scenario one: A breakout: The price will either get support or directly pass the resistance level after a couple of hours of consolidations above support and gathering enough buy volumes. Scenario two: A fake-out: After another test, the resistance will reject the price or lose support on the middle Bollinger Band and fall off to the lower support levels. The Bollinger Bands are broad, but they are about to get squeezed back, which is a good sign. The Speedometer indicator shows Buy volumes on the market for BLZ on a 1D interval. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
7
BLZ's Way To 0.35$ ExplainedBLZ is in a Crab Pattern. This Means The Price is gonna Reach The Next Wing Of The Pattern Pretty Soon. EX Ret is 1.618 So It Is a Reliable Crab Pattern.The Resistance which is gonna Stop BLZ is around 0.35$. a Bullish Cross Between 20&50 EMA is visible SO the Bullish Chance Is high. The Price Also Broke EMA 200 So It can be Said The Bullish Trend Is Pretty Strong. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
8
BLZ: BREAKOUT AND RETEST DONE! READY FOR A PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BLZ/USDT TRADE setup. BLZ looks promising here. BLZ is breaking out from the inverse Head&Shoulder pattern in the daily time frame. A retest is also done and after the successful retest a beautiful bounce confirm the uptrend. Buy some now and add more in dips. Entry range:- $0.18-$0.20 Target:- 150-160% SL:- $0.17 If you like this idea then do support it with like and follow. Also share your views in the comment section. Thank You!
Long
by CoreCrypto1
BLZ Breakout from downtrend and retracement from fallBLZ Broke out FEB 4th and rose with volume to FEB 16th ish. Rose all the way from 13 1/2 cents to 24 1/2 cents which is almost double so I hope profits were taken. Then there was an extremely sharp fall back to the point of breakout and a little lower. Now it has broken through the .236 FIB so I would be a buyer with the expectation of the .5 and .618 retracements. I drew the FIB downward starting at the .245 all the way down to the point of breakout. The downtrend has been broken and so has a reverse head and shoulders been broken. I'm gonna go buy some with the .5 and .618 as targets.
by MultiG8
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.
BINANCE:BLZUSDLong
by RektMyMom
#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
BINANCE:BLZUSDLong
by Crypto4Everybody
ANOTHER METAVERSE CONTENDER CONFIRMING A BREAKOUT!Evening folks or whatever time it is in your zone. Chart above is Bluzelle (BLZ) and it looks primed for a breakout. For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside. I strongly believe in this project coupled with the fact that its in the gaming sector of crypto along with their recent tweet a couple days ago saying they just joined the metaverse, I expect this to run hard. $1 for the 3rd wave (green) and $2+ for the 5th wave(green) to complete the 3rd grandcycle impulse wave. Let me hear your thoughts in the comments section.
Long
by RektMyMom
8
BLUZELLE THE PERFECT BEARMARKET STEAL!Please see below, linked is the original idea for Bluzelle(BLZ) I created a fresh chart layou inorder to provide another perspective into BLZ. As you can see, currently trapped in an ascending channel, BLZ is the perfect coin to hold for the long haul right now. At support of the larger trending channel, It is a steal to hold for long term gains. If you look closely, it is also forming and ascending triangle, and we know that to be a bullish pattern. This is just a shakeout, if you're selling you shouldnt be in the game. Furthermore, if you were to analyze the chart above very well, you would see that it is slowly forming a bulish pennant, but didnt add the line to avoid too much cluster on the chart. But anything could happen so make sure to use a stop-loss. I believe the rest of the chart is self explanatory. Hope this chart helps with perspective
Long
by RektMyMom
🆓Bluzelle (BLZ) Jan-05 #BLZ $BLZ . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.22$ zone 🔴Buy : 0.22 🔴Sell : 0.26 - 0.3 - 0.36 - 0.42 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.22$ zone 🔵Sell : 0.22 🔵Buy : 0.2 - 0.18 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
BLZ/USDT 1h Long opportunityBLZ shows a lot of strength despite te BTC drop, on 1hr timeframe we got a bounce from MA50 and on 15min from MA200. We can see a small Falling wedge, if we manage to break out from this we may retest recent high which was around 0.319 and then form a DT. For now we can enter on the break out of this FW or either on a retest. Watch if the volume increases while breaking out. It is not a financial advice, always do your own research and analysis. I'm just sharing my personal view.
Long
by BeaT16
2