Bluzelle
BLZBTCBLZBTC will break out resistance line of triangle. And going to the moon
BIG NEWS
Bluzelle Collaborators Update
blog.bluzelle.com
Bluzelle presenting at NEO Vancouver Meetup on 17th Apr.
www.meetup.com
Bluzelle ($BLZ)Wait for a retrace to enter for the next move.
Entry: .00004800-.00005000
Target: .00006350 / .00007300 / .00008200
Bluzelle head and shoulders, undervalued so still bullishhead and shoulders forming, double top. but overall still to undervalued to sink to low.
BLZ buy .00007385 sell .00008800 great channelgreat channel been trading this back and forth.. Should get a nice run here to at least .00008800. 20% gain.. than set your buy around .00007300 -.000075000
short term trade 1-2 days.
BLZ/BTC Strong Uptrend and BUY opportunity!Always look BUY opportunity when You have uptrend and always look sell opportunity when You are in a downtrend (more to forex then crypto but still..)
At the moment fundamentally strong coin BLZ/BTC shows us good BUY opportunity:
1. Strong channel upwards
2. Resistance becomes a support
3. Supported with 100EMA
4. Possible W formation (double bottom) chart pattern on a trendline
Good Luck!
Bluzelle Might Double Your BitcoinsBluzelle found the bottom at 3300 satoshis and started the uptrend while continued to move within the ascending channel. But recently price broke above the channel and on the corrective wave down rejected the upper trendline of the channel as well as the 50 Moving Average, suggesting the continuation of the uptrend.
The very strong resistance is seen at 14400 satoshis, which is confirmed by two Fibonacci retracement levels, 727.2% and 1127.2%. If/when this target is reached, the value of Bluzelle should double against the Bitcoin, since currently it is trading at 7250 satoshis.
On the downside, the correction down is possible and price could get back to the 5k satoshis support. Also BLZ/BTC could consolidate for a some time before moving higher. All-in-all it seems that there is an established uptrend with a high probability of a growth continuation.
BLZ - Buying the dip. Target 1.618Sold retest of the highs and rebought the old support. Small enough pos size to not get shaken out easily, but stops on BE regardless. Stay safe!
Bluzelle (BLZ/BTC) Dual Breakout Pattern | New HighsAfter raising over $19.5 million dollars in their ICO in the span of 48 hours, Bluzelle (BLZ) is a rising blockchain start-up, with the mission of providing a service allowing users to rent out their extra storage space on their computer to other users. After its ICO, Bluzelle (BLZ) has quickly escalated to a market cap of over $100 million and beginning to attract mainstream media. This is not to say that Bluzelle does not face any challenges internally in the area of project development due to the lack of blockchain developers. Regardless, in terms of technical analysis, Bluzelle (BLZ) is setting up for a breakout towards new highs in the shorter time frame, and to an all time high in the longer time frames.
Shorter Time Frame: Orange Trend Line
Longer Time Frame: Red Trend Line
Analysis from the shorter time frame illustrates that Bluzelle (BLZ) is currently consolidating in an ascending triangle (indicated in orange) with a horizontal resistance line at 7500. Interestingly, on the longer time frame, Bluzelle (BLZ) is simultaneously consolidating in a bullish pennant (indicated in red), with a downward sloping resistance line (indicated in red).
A breakout of the resistance line (7500) along with a bullish confirmation at 7850 (green) will allow Bluzelle (BLZ) to propel upwards to new relative highs at 9500. Failure to breakout will lead to a drop back to the supporting trend line at 6500.
Shorter Term Target: 7850
Longer Term Target: 9500 (35% Profit)
Target 9029 - Holding trend line - #BLZ $BLZ Quite bullish on this setup, holding trend line for the moment and sitting above 38.6% fibs.
If and when market turns BLZBTC could well have a nice move if stays above trend line.
WATCHING FOR ENTRY #BLZ #BLZBTCIf support doesn't hold at the 50% fibs at 7264 then look for 6339 as a good entry.
200ma below that so plase stop loss just under 6339 as there is a chance of a 200ma retest.
Bluzelle - Elliot impulse waveBLZ/BTC pulled back to 0.5 Fib retracement level after a nice bull run and bounced right at the bottom of Ichimoku cloud after a bearish divergence. Now, Bluzelle is showing bullish signs as we still have the fifth EW to go, oversold RSI and Stoch RSI. We might expect some resistance at around 5600 and 6000 to 6500 sats.
Bluzelle ClimbingWondering if BLZ can maintain this upswing.
Perched on top of a decent support zone.
Can it hold?
Bluzelle looks interestingPotential H&S forming on USD buying power of BTC vs BLZBTC value.
Basic idea: when the chart’s bullish, better to hold USD or BTC. When it’s bearish: alts are the best vehicle of accumulating BTC (in this case, Bluzelle).
Bluzelle BottomA recent success for those who got in on the pre-sale and whitelist, we are beginning to see where the general interest in the project is met with a price that seems appropriate. The lull in volume has seen a recent increase and I believe presents an opportunity for traders to make some substantial gains from purchasing in the green (buy) zone and selling at the various red zones (levels of support now resistance). Before buying, I'd like to see it bounce once more from the green buy zone with a bit more volume.
Ideal Bull Entries For Bluzelle ( $BLZ )IF (big if), the new bull channel is validated, the two entries I'd be looking for are on a double-bottom either on a dip into the buyzone (ideal) or the bottom of the trendline.
Bearish continuation if price dips below the buyzone and confirms it as resistance on the other side.
Bluzelle MAJOR NEWS!Bluzelle has partnered with JD.com out of China, the worlds third largest online retailer.
