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Bluzelle

BLZ (Bluzelle) Dragon. Potential + 18-60%. Channel work 45%After breaking through support for the horizontal channel in increments of about 45% , the price made an attempt to return back to the channel. An attempt to break through the resistance that used to be support turned out to be unsuccessful. Thus, forming a local maximum, which is the "hump" of the dragon. A local downtrend has formed . A break of the line of the local downtrend will mean confirmation of the “Dragon” figure. The points (zones) for observation on which this or that movement depends I showed on the graph. I think the algorithm of work here is extremely clear. ENTRANCE. 1) Entrance on a breakthrough or pullback after breaking a trend resistance line (red resistance line). 2) Entrance from the bottom of the previous horizontal channel, but after the price has fixed in it. 3) The input is higher than the resistance of the previous channel when support is confirmed. This will mean a complete reversal of the trend in the upward. TARGET. Dragon target. 1) The first target is the hump of the Dragon + 18% (local maximum, support of the previous channel, which became resistance). 2) The Head of the Dragon (resistance of the previous channel) + 60% Target on the channel. (provided that the price returns to the channel and consolidates in it). 1) Channel width - entrance from the bottom to the resistance + 35-45%. 2) Goals above the channel during a trend reversal if the price overcomes the channel resistance and fixes above it. Stop loss Under key support levels during your entry into the market. The figure of the Dragon consists of the following components: 1) Head. 2) Ridge (downward line of the local trend). 3) 1 paw. 4) The hump. 5) 2 paws. 6) Tail (target area). It is worth noting that the Dragon pattern is confirmed only when the price overcomes the downtrend line (“breaks the Dragon ridge”). Before, it makes no sense to enter the market. Read more about this figure in these educational idea. EDUCATION. Dragon figure. Formation. Structure. Target. Mirror Image of the Dragon Pattern - Inverted Dragon. EDUCATION . Combination of both inverted dragon and dragon figures at the same time.
by SpartaBTC
BLZ/USD BLUZELLE Still Trending Down ( Part 2)If the price breaks down, next BLZUSD support is around $0.00842 Disclaimer: 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.
BINANCE:BLZUSDShort
by CryptoTrend-Alerts
BLZ/BTC BLUZELLE Still Trending DownIt looks like that Bluzele is still in a Downtrend, and that we can expect lower prices. Disclaimer: 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.
Short
by CryptoTrend-Alerts
BLZ ! ARE YOU READY TO WIN ?? SAY LESS.Bluzelle. BLZ, if you shall. Bull flag coming down off top. Resistance Orange Zone turned Support. This is Key Buy in Zone! Clearly inside Ichi 30 Cloud. Bottom of Cloud ~330 sats. BLZ wants that 200 MA. & we want that mf profit. BUY NOW, PROFIT LATER ! _______________________ XSR PREMIUM SIGNAL Entry: 330 SATS Target 1: 379 sats Target 2: 437 sats Target 3: 478 sats ______________________ Remember... "WE DON'T HIT STOP LOSSES, WE HIT TARGETS" - LL XSR <3
by XSEANRYAN
Bluzelle Is Ready To Boom! | Easy 130%+ Of ProfitsRecently I shared two charts that are really bullish, that is DATABTC and CNDBTC, you can see these by visiting my profile... Next comes Bluzelle (BLZBTC), the chart is looking just like the two mentioned above... Really bullish... Initial close above resistance (purple line). Bullish cross over EMA5 and EMA50. Increasing bullish volume. Strong RSI. MACD entering the bullish zone with plenty of room available for growth. We can aim for 76-130% of profits short-term, but if we look at the bigger picture, BLZBTC can grow over 500%+... Patience is key always when trading... Take it easy... Take your time to take action... Build a plan before buying in... If one opportunity goes... Another one, even better, will come for us. Thanks a lot for the continued support. Namaste. Note: Charts are always changing and the analysis above is based on the chart as it is now. Each day that goes by a new candlestick is printed and everything can change. Taking this into consideration, we use a stop-loss and always have a trading plan before buying into any trade.
Long
by AlanSantana
3
Bluzelle: 12M Cap on Binance / Decentralized DatabasesBluzelle built a decentralized storage technology that makes it an edge network. This ensures that data is as close to the customer as possible, leading to fast performance. Current data storage systems are centralized. This makes them vulnerable to attacks, system failures, and performance issues. Bluzelle’s servers are spread out all over the world. These servers are interconnected and they each replicate the same data. Customers can request data and the request will be fulfilled by the server that is able to respond the fastest. Thanks to this massive replication, even if a server goes down, it does not matter as all the other servers can handle the same request. New servers can be deployed at any time to replace existing ones or to increase geographic availability. Much like how Cloudflare fulfilling requests for web content on the edge, Bluzelle fulfills requests for data. TA: Bluzelle is currently bouncing from the bottom of the channel where it has resided for the past 10 months. Willy indicator has crossed upwards and volume has picked up significantly. Three drives to the downside on the weekly chart indicate a potential exhaustion from sellers. FA: Bluzelle is one of the lowest market cap coins on Binance, currently sitting around 12M total cap. Bluzelle is a technology project w/ low hype and high development. The trade is not crowded. Bluzelle has a live data cache product with 30x the performance of the competition: blog.bluzelle.com Bluzelle will have nodes with node requirements. All services are paid for in Blz. Two targets are posted on the chart for traders... but I believe Bluzelle has the ability to go much higher for the patient investor.
Long
by LARP_Capital
1
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.
BINANCE:BLZUSDLong
by Coindicator
Bluzelle bottoming out. Divergence with missing right shoulder. Target needs to be defined, but the Bluzelle daily chart shows we bottomed out and altough we traced lower prices, MACD-H and EFI traced much higher lows. The MACD-H even did not show it's right shoulder and possibly this could change the direction upward for a long time. As always, it also depends on futher BTC movements. The previous resistance and support line could be a good point to take profit, but for me targets aren't fixed and it depends on further developments to see if we get out or reenter a new trade after breaking resistance. Price target 1576 Entry: 1180-1200 SL: 1033 R/R: 1:2.45
Long
by Tornado_Trading
BLZ/BTC - Short-Medium-Long Terms - 4 possible scenariosBLZ/BTC - Buy zone between 2060 satoshi and 2120 satoshi. Scenario 1: 6.23% profit / 2250 satoshi - Target 1 Scenario 2: 15.90% profit / 2455 satoshi - Target 2 Scenario 3: 28.13% profit / 2710 satoshi - Target 3 Scenario 4: 44.74% profit / 3070 satoshi - Target 4 The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
by h3kTRADE