BLZ/BTC (Approaching Key Resistance)BLZ/BTC
-cross ultimate indicator flashes signal Buy priority last June 11
-the price has rallied over 170% up
-we can also see the MA acted as strong support at 270 range
-after that, the uptrend continued higher today
-currently, BLZ is approaching strong resistance area at 800 sat
-we will likely see some pullback at this zone
-I don't recommend buying at the current level
-because the risk-reward ration is no longer in your favor
Blzusdt
BLZ/BTC (Symmetrical Pattern? Bullish Continuation?)BLZ/BTC
-the price is testing the previous support area
-approaching key ascending trendline of support
-if this will be its potential new higher low
-it is a good buy zone to get an early entry before the breakout
-but for conservative traders, buying the breakout
-of the symmetrical triangle is the safest setup
-upside target is up to 360s
-stoploss is determined once we have an entry point
BLZ/BTC (Retest Previous Top?)BLZ/BTC
-cross ultimate indicator flashes Buy priority signal last May 24
-the price pump almost 100% after the signal
-BLZ retest the previous support and moving averages
-confirmed strong support and rallied up over 30% pump
-I do not recommend to buy at this level
-though we still have a chance to retest the top resistance
-because the risk>reward is no longer in your favor
-I will try to update the chart if we will have a good re-entry point
BLZ/BTC TA Update (Early bullish sign?)BLZ/BTC
BLZ is showing an early sign of bulls buying every deep correction.
We can also see a bullish RSI divergence during the 30% drop last week.
BLZ bounces off right at the bottom trend-line support of the descending channel.
But currently rejected by the top trend-line resistance. If BLZ pulls back and holds 220 area zone,
we might see a potential inverse H&S pattern and break bullish in the coming few weeks.
BLZ/USD BLUZELLE Still Trending Down ( Part 2)If the price breaks down, next BLZUSD support is around $0.00842
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
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.
BLZ/BTC (Up to 100% Profit Target)BLZ/BTC
Triple Bottom, Broke Down-line resistance, Massive Bull
Volume, Higher High and now waiting for Higher Low.
This is looking Bullish daily uptrend.
Trade setup
Buy area: 330 Sats - 300 Sats
Sell target: 450 Sats - 600 Sats
Stop loss: 250 Sats
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Bluzelle Under Accumulation - Prime Candidate for a BreakoutYesterday night I shared an trade idea saying Raiden Network Token is showing signs of accumulation and to watch for a breakout. Here's another alt coin that has a very similar pattern to keep your eye on. Large drop before consolidating within a clearly defined trading range over the last 6 months on increasing volume. Daily likely just set a higher low at $0.042 and entering into a tightening pattern. For more aggressive and longer term investors, it might not be a bad enter to enter a position at current levels which is trading around $0.06. However if you are a conservative trader that trades on a shorter time frame, you might want to wait for the breakout of $0.079 and $0.108 as further confirmation.
BLZ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Area
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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BLZBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. I am sure, you will be get nice profit. Good Luck!
Thanks for visiting.