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.
BLZUSDTPERP
BLZUSDT UPDATEHello friends,
Welcome to our BLZUSDT 4h chart.
As in the chart we are seeing how a FALLING WEDGE Pattern is seen forming.
Which can cross different levels of price. And the price can jump up to 16.24% in it.
Triple bottom is visible in this chart which is a bullish sign.
Price now above 100MA and 200MA.
The information given by me is based on Technical Analysis . Use your intelligence before taking a Trade.
Thanks
And
God Bless You All!
🆓Bluzelle/USDT Analysis (31/1) #BLZ $BLZThere is only a few days left for BLZ to launch Mainnet and this could help BLZ continue to surge in February.
However, BLZ still needs to conquer $0.15 zone to strongly rally to $0.24. If in the next few days BLZ fails to break out of this zone, it will correct to $0.11 zone to gain momentum to $0.24 zone.
📅NEWS
👉Feb 03 : Mainnet Launch
📈BUY
-Buy: 0.105-0.11$. SL if B
📉SELL
-Sell: 0.15-0.155$. SL if A
-Sell: 0.23-0.24$. SL if A
♻️BACK-UP
-Sell: 0.105-0.11$ if B. SL if A
-Buy: 0.078-0.082$. SL if B
-Buy: 0.15-0.155$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
✳️Bluzelle/USDT (4/11) #BLZ $BLZ #BLZUSDTBLZ has a support zone at 0.05-0.055$ and it is likely that over the next few days BLZ will have a correction to the 0.075-0.08$ zone.
However, if this zone is broken, the BLZ will drop very sharply and the target is at 0.04$ or even 0.02$
📈BUY- LONG Strategy
- Buy: 0.05-0.055$, stoploss if B
📉SELL-SHORT Strategy
- Sell: 0.075-0.08$, stoploss if A
- Sell: 0.115-0.12$, stoploss if A
♻️BACK-UP Plan
- Sell close to 0.05-0.055$ if B, stoploss if A
- Consider buying: 0.04$, stoploss if B
-Consider buying: 0.02$, stoploss if B