BLZ
#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistanceBluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support.
⚡️⚡️ #BLZ/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 6.4%
Current Price:
0.15552
Entry Targets:
1) 0.16459
Take-Profit Targets:
1) 0.12635
Stop Targets:
1) 0.18375
Published By: @Zblaba
FWB:BLZ BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com
Risk/Reward= 1:2
Expected Profit= +92.9%
Possible Loss= -46.6%
Estimated Gaintime= 4-8 days
BLZUSDTThis is a 1W frame analysis for BLZUSDT We are analyzing this cryptocurrency in a weekly time frame to get a better understanding of the market, which has been able to perform well in the negative days of the market. As you can see, we can see an ascending triangle pattern which after breaking the weekly key support was able to gain support and after breaking the white line resistance was able to make a good rise up to the R1 region. However, we can see the last few candles which are closed with a doji or a shadow which can be an indication of fear in the market and selling. If the weekly candle closes above our support region and is able to cover more of our body candle, we can expect a bullish movement towards the resistance levels.
BLZ RISING WEDGE WITH A STRONG RESISTANCEBLZ formed a rising wedge with a strong resistance on top which is looking for a correction leg to form up on the current bullish trend formed. Here we expect a minimum retracement close to 38%-50% on the bullish trend formed. We should wait patiently for a better bearish confirmation here.
Fakebreak in channel (bull trend)You can enter the desired areas with capital management, and when you enter the specific support and resistance according to the ascending channel and the moving average line of 200, the probability of a decline is higher to reach this line.
What if Bluzelle #blz makes the 3rd wave?Blz a serious mover of august, may make the final shot after this retest?
- Bull flag
- Good momentum
- Community and trend
- Bots
NOT FINANCIAL ADVICE. Below the triangle is the invalidation.
BLZUSDT - finally moovtime to short :
my precondition
1. divergency on volume and RSI
2. daily candle does have wick ( need creating)
3. Price took out a month's worth of liquidity ( yellow zone )
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
$BLZ blazing?Will it break or reverse,
i will expect a short term green on BLZ till the previous 2023 high is broken.
what do you think?
#BLZ pump is overCoin perfectly touched Weekly FVG at 0.14119$ + there was global resistance line that you can see on the chart.
Currently coin looks bearish. and I expect that it will continue descending move towards to 0.079 - 0.066$, where we have D and W FVG + 100 and 200 emas on D TF. Which should stand as good support. (look at lines under the number 1)
Continuation of bear move to 0.05$ will be only in that case if you see that the coin closes with 4H TF below D 100 ema or D 200 ema. (look at the line no.2)
If the coin bounces from FVGs that I mentioned about on the chart, in this case BLZ can continue its uptrend towards to resistance line (blue line), where either it breaks through the resistance and continues its move to another weekly FVG above 0.17$ or returns back to 0.1$ (look at the line no.3)
Short Entry after Rising Wedge BreakdownGreetings, Snipers!
BLZ has risen over 150% in 2 weeks during a bear market
The pump and dump forms a clear rising wedge
The price has broken down, retested the lower bound of the rising wedge, and seems to continue downwards
BTC is also bearish short-term
Now would be a good time to short.
TP1 at $0.112
TP2 at $0.083
Please ensure risk management and stop-loss (trailing $0.141, $0.152 $0.163) as this coin has a pump-and-dump nature.
Happy Sniping!
Blz decision time#blz is very close to decision time. If price goes below the red trendline then it will keep dumping.
BLZUSDTThis is a 4H frame analysis for BLZUSDT In our previous analysis, we were able to gain good profits, but currently the price has been able to rebound close to its support line after the fluctuations. Those who wish to buy may be at a good support point to add volume or buy. Suggestion: Those who intend to buy this coin should wait until it enters the first support zone and wait to see if it can stabilize above the support line and form green, strong candles or a candlestick pattern. We have identified key points and resistances for you dear ones and you can exit the trade relative to your own leverage.
Blz dump#Blz pumps and hits the target in our last analysis. Now coming down after hitting the target. Soon it is expected to break the red trendline and going down to the black line support.
BLZUSDTThis is a 1H frame analysis for BLZUSDT Given that the price has been able to experience a good rise, our current support line is now fluctuating and we expect the price to pull back to our first support line and after a little rest and a chance to buy back, it will move towards higher numbers. Don't forget that until the price moves above our first support line, we can expect further increases in price.
Blz bullish idea#blz breaks the green trendline of triangle thats why we posted buy long signal in our Group. Bullish Scenario.
Shorting BLZUSDTShorting BLZUSDT from 0.09250
Initial Target 0.85 then 0.75 and will hold 25%
SL is current High
blz getting ready for another bullish impulse seems like getting ready for another massive bullish impulse formed bullish pennant in h1 tf and breaking out incase of successful breakout expecting another 55 to 60% Bullish rally
Blz Bearish Scenario #Blz is in a triangle. Price is below the redline It's bearish sign. If price stays below the red line then it will keep dumping. If price goes above red trendline with good volume then it will turn bullish.
BLZ COIN NEXT POSSIBLE MOVE AND PRICE ANALYSIS!!FWB:BLZ Coin Update & Possible Move!!.
• BLZ Coin Failed To Break its 1D, 1W Strong Resistance.
• MACD &RSI Look Over bought on 4h, 1D Tf ( Bearish sighn ).
• 1st Local support is at 0.081$-0.079$ ( small bounce back expected )
• Strong supports is 0.070$-0.067 & 0.057$ . ( good ranges for buy again for swing trade+ for longterm holding.
REMEMBER !!
we just share analysis not a trade setup. Do trade according to your own strategy.
FOLLOW US FOR MORE ANALYSIS
Blz at resistance now#Blz is a shit coin. Market will dump after shit coin pump. It will touch red trend line above 0.85 . It’s also the resistance area so price is expected to go down from 0.85 - 0.89 range
WHY BLZ COIN PUMP HARD ?? BLZ COIN NEXT POSSIBLE MOVE!!On daily tf chart blz coin break its trend line + almost it was trading now on its alltime low. [ oveall pump was expected }
now next possible are clear on chart according to our thoughts 1!
follow me for more analysis !!
BLZ ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BLZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
