BLZ
Close up on BLZ: very bullish behaviour !!Very bullish behaviour at the 650 satoshi level !
650 is a volume by price cluster, so price is forming a bull flag right at this level !
Price broke down yesterday but is making a bullish around the apex move today.
It will most probably run through resistance at 650 sats and make another powerful breakout (similar to the one at 380 sats).
We are in Bluzelle since 250 sats !
So we are up 150% in a little more than 1 month.
But still a long way to go since this baby has only 13 million MarketCap and is headed to greatness !!
BLZ/BTC - LONG - POTENTIAL 16%+
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PAIR: BLZ/USDT
T/F: 1 HOUR
LENGTH: MEDIUM
RISK - MEDIUM
ENTRY: 371
TP1: 383
TP2: 410
TP3: 438
TP4: 484
BONUS TP - 600 (35%)
SL: 333
NOTES:
- LARGE UPPER POTENTIAL
- UPTREND
- SUPPORT BREAKUP CANDLE
- BREAKOUT TO PULLBACK ON SUPPORT ZONE
KEY:
BONUS TP - IT COULD CONTINUE TO RISE TO A SIGNIFICANT HIGH ALTHOUGH IT IS EITHER VERY LONG TERM OR A HIGH RISK TARGET. RECOMMENDED TO FOLLOW BY SECURING PROFITS WITH TRAILING STOP LOSS.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = LESS THAN 1 WEEK
LONG = > LESS THAN 1 MONTH
INVEST = MORE THAN 1 MONTH
RISK:
LOW = EG. STRONG SUPPORT // MULTIPLE BOUNCES // STRONG UPTREND // OVERSOLD // BREAKOUT > PULLBACK > SUPPORT // REJECTION CANDLES
MEDIUM = EG. BROKEN SUPPORT // TREND REVERSAL // CONSOLIDATION
HIGH = EG. NOT FULLY BROKEN SUPPORT // OVERBOUGHT // OVERLY MATURE UPTREND
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
Confirmed bull market for BLUZELLE !!Today we got a massive breakout with a new 52 week high !
On massive volume !!
Volume exceeded the MarketCap of 12.8 million.
If you are on the ride from the beginning (1 month ago) you are now up already 150% !
However we are STILL VERY EARLY in this bull and still down 93% from its ATH (against BTC and against the USD) !!
So, one the RSI cools down a little you could still get aboard at a discount price.
According to some serious research, price target for this coin is around 10 USD (that's a 150 bagger from current prices).
Not financial advice but that's what I do !
BLZ is now my second position with 6% portfolio weight (started with 2.5%) but I will not sell before a long time !
Yes, you heard it right: no profit taking !
BLZBTC H&D Pattern.So, basically that's kind of valid H&D pattern that occurred on 4h chart. That kind of H&D pattern is usually followed up by price decline, and in order to somehow predict approximate support price level, I used Fibonacci levels. According to Fibonacci levels, price can drop to 0.386 level, which is ~= 280 satoshis.
On the other hand, if we look at scenario 1, it can happen if price stays above Fibonacci 0.5 level, and price will continue it's upward movement.
In any case, price should rise gradually, as if one looks at 1D-1W price chart, BLZBTC has broken falling wedge/channel recently with high volume spike and price increase.
I will only invest in it, if price stays above 0.5 level. Good luck with your trades !
excellenceassured.com
LONG - BLZ - Trading OpportunityBINANCE:BLZBTC consolidating above the 4h cloud after a kumo breakout and retest, looking at previous highs as targets.
Entry: 0.00000380
Target 1: 0.00000410
Target 2: 0.00000437
SL: 0.00000366
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
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BLZ is in a rising wedge. Go long and make profits?BLZ is on a short bullish run, inside this rising wedge i have traced. Many green candles with long bodies steadily pushing the price up, even though there are a few pullbacks here and there, it isnt enough to stop the bull run
If the bull run plays out to the end of this rising wedge, then BLZ should be for a major drop. So lets watch the zigzag pattern and see how it plays out.
Hopefully we can take some profits on this short bull run, by entering at support line bounce, and selling off at resistance line hit or swing highs, while still in the wedge.
Good luck trading.
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LONG - BLZ - Trading OpportunityHuge ascending triangle on BINANCE:BLZBTC , volume checks out according to the consolidation, these wicks though show the huge volatility that has been affecting this coin through this consolidation period. The buy signal would be a close above the resistance on 0.00000285.
Entry: 0.00000285
Target 1: 0.00000352
Target 2: 0.00000381
SL: 0.00000265
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Bluzelle (BLZ) Gains Momentum on High Volume (Next 120% Mapped)Bluzelle (BLZBTC) is moving above MA200 on really high volume... This one can continue to grow right away.
Anyways, in the chart here you have the next Fib. resistance level marked and the potential profits from the current price.
If prices drop below support, we go lower (red arrow).
This is not financial advice.
Namaste.
BLZ ANALYSIS: BREAK THRU OF MAJOR MA EXPECTED!BLZ REVIEW:
BLZ has attempted to break the 200MA on MULTIPLE occasions now, and has been rejected every time. BLZ buyers continue to push for the major resistance to be broken and I expect this to be broken on the coming wave. A slight push back near 200 and below sats is possible before the final wave up to break thru T1 at 262 sats. I expect this push to hold above the 200MA and 260+ sats to become a new support eventually. T2 is placed at 309 sats, and T3 placed at 372 sats. The extreme push in volume over the last few days has shown BLZ is ready to rock. RSI and ATR want to move up. Begin placing bids from 237 sats, down to 200 sats!
Possible Entries: 200-237 sats