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.
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we just share analysis not a trade setup. Do trade according to your own strategy.
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BLZ
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
BLZ (Bluzelle) Token Analysis 21/04/2021Fundamentals:
Bluzelle is a decentralized data layer for dapps to manage data in a secure, censorship-resistant and highly scalable manner. Bluzelle is powered by Cosmos and its BFT technology Tendermint, making it compatible with various blockchains. As developers continue to build Dapps, relying on centralized databases by AWS, Microsoft and others is a centralized point of failure. True freedom requires the full stack to be decentralized, not just one part. That’s where Bluzelle aims to provide a critical piece in the advancement of Defi, supply chains, gaming, and other Web 3.0 sectors.
1.Bluzelle’s core products are all related to data and powered by its Tendermint Blockchain:
2.Bluzelle DB - a decentralized database for software developers to store information
3.Bluzelle Oracles - a truly decentralized pricing oracle that provides high speed and high security for Defi applications
4.Bluzelle Staking - where BLZ holders can currently stake their tokens and earn rewards for providing storage and pricing data.
BluzelleNet powers the entire ecosystem as a 10,000 TPS Proof-of-Stake network. Becoming a validator was designed to be an easy process with minimal technical knowledge. The vision is to have a network of tens of thousands of nodes working together to provide the most available and secure database in the world. Bluzelle wants every device to become a node, from computer hard drives to video game consoles to mobile phones. Those who do not want to become a validator can delegate their tasks to another validator, ensuring everyone can be part of the network and generate fees.
Pavel Bains and Neeraj Murarka founded Bluzelle to address the fragmented data link in the blockchain and DeFi space. Both Pavel and Neeraj hold extensive technological experience with a demonstrated history of working with major global players.
Pavel previously co-founded Storypanda, a digital book platform amassing the attention of acclaimed titles by DreamWorks, Warner Bros, and more. With a deep understanding of financial aspects, Pavel actively led the GM and CFO roles at Disney, handling budgets of tens of millions of dollars across 4 continents. Neeraj is an engineer and computer systems architect holding extensive experience of 20 years working with global players including Google, IBM, Hewlett Packard, Lufthansa, and Thales Avionics.
The Bluzelle team members have worked for Disney, Sony, Google, Lufthansa, Electronic Arts. They are recipients of the Technology Pioneer Award by the World Economic Forum and named Forrester as a top blockchain vendor in Asia. Its team is based in two locations, Singapore and Vancouver (Canada). Bluzelle is backed by industry funds like NGC, Hashed, KR1, and Kenetic.
Bluzelle has building an ecosystem of partners to enhance use of its database and oracles product:
Cosmos/Tendermint
Polkadot
Polygon (formerly Matic)
Ankr
Equinix (NASDAQ $50B Company)
The live Bluzelle price today is $0.389196 USD with a 24-hour trading volume of $35,338,335 USD. Bluzelle is up 2.75% in the last 24 hours. The current CoinMarketCap ranking is #385, with a live market cap of $111,284,391 USD. It has a circulating supply of 285,934,224 BLZ coins and the max. supply is not available.
The top exchanges for trading in Bluzelle are currently Binance, Huobi Global, CoinTiger, MXC.COM, and BiONE.
Technical Analysis:
The Token has done its initialization and Accumulation Phase and Completed An Impulsive cycle where currently is Reneging on the Retracement Phase,
We can see clearly the Price Has touched the 261.8% of Fibonacci Projection of the First Impulsive wave, after the Accumulation Phase and now is renege bounding in the Parallels legs of the same Projection after the Distribution of 261.8%.
There are chances that the price Continue its Retracement to the lower levels which are defined by Fibonacci Retracement and Specified on the chart where as most Probably they will stand and Bounce Up the Price.
There are total of 3 Targets Defined by the Fibonacci Projection and Total of 2 Support areas by Fibonacci Retracement and 1 low of the Projection
BLZUSDTHello Crypto Lovers, This is a 1D frame analysis for BLZUSDT After the rebound, the price was able to bring itself back up to the first support line and at present we are expecting the price to bring itself to the first resistance zone. If it can move above the second resistance line and establish itself, it can attack other resistance zones. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Blz Breakout Loading Blzusdt
I am expecting breakout soon from This Triangle Wedge
RSI Indicating Bullish
Incase of breakout expecting 20-40% Bullish Move
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade with your
own research
$BLZ/#BTC [#Bluzelle]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $BLZ/$BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
- Technical Metrics:
-- Current price: 0.00000328
-- 24H Volume: 22.2845 BTC
-- 24H Price change: 4.792%
- Pivot Points - Classic Levels:
-- Resistance: 0.00000327 | 0.00000346 | 0.00000381
-- Support: 0.00000292 | 0.00000276 | 0.00000241
-- Oscillators: NEUTRAL
-- Moving Averages: STRONG_BUY
THE BITCOIN BREAKOUT FROM 20400 TO 24KBefore starting writing this chart view know its BTC and it can shows unexpected trends.
This previous chart did made for this reason.
Its the game of BTC and we have seen it more times on difference time zones and many of news trends as bans and more but even then the price did get out.
we know now BTC follow the stock markets flow. but there can a come a moment it will split out.
The important targets for BTC.
19K seems strong level, even if it get broken there is still high chance for return to up trend depending on small time frame.
20400 is an important level for BTC new uptrend.
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BLZ : THE GAIN COIN CAN SHOWS WOW EFFECT SOONBLZ still not shows the increase that it should show on the low time frame.
Its a coin that can do unexpected trends and we will follow it coming time.
On more reason are BLZ at this moment period the NO 1 coin that can breakout above 100% increase.
BLZ have moments trends as it did shows before 2 breakouts : depending on our expecting the 3TH breakout can come soon, and what will let the price of BLZ going up to 0.17.
If there is more interest at that moment and with some FOMO hype it could go t o much higher levels.
On more reason BLZ will stay at this moment interesting before the golden breakout.
BLZ before breakout points
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BLZ: THE BREAKOUT NO 3 PROCESSINGBLZ have shows great TA signals for next times
We are now exactly at the most important point for breakout no 3.
Historical TA view did shows all times BLZ did confirm the start line for breakout it did breakout.
Now it confirm for 3th time : and its about time to see the new breakout coming.
The Trend will always go with ups and down, but the view is still the same as it shows that this place is an important Zone for new breakout.
The most of real whale volume comes from a Limit orders, so it means there should be some sell orders - in case this not happen whale trend can choice to enter market orders.
Important targets
0,12
0,17
And in golden fomo target it could go above 0,20 and this depending on moment volume.
As day trader there is no reason to enter any coin directly, until when you have some trend confirmations depending on your study.
HIGH CHANCE BLZ WILL SHOW 100% INCREAESE INTO THIS WEEKENDDepending on study by BLZ, there is high chance that it can show 100% increase this weekend, but its not a must as it can do also coming time.
BLZ looks at this moment the possible pump coin for coming time.
History shows that this coin did shows 2 times at same level where we are now a breakout.
As day trader there is no reason to enter any coin, as it depend on levels.
PREVIOS BTC BULL RUN STARTED AT THIS LEVEL : AND BLZ TO THE MOONBTC are now on very very important level. This level was before exactly THE BULL RUN START.
And we can have coming time an unexpected huge breakout on BTC what could bring the price above 21K to 24K and more.
BTC seems to be stable, and we know from history when there is a real breakout, the price will have a strong volume buy trend with low returns to before levels and where the old levels will not get more returned as we have seen in before whale increase trends.( back testing can show some important trends on BULLRUN starts)
At this moment the shorts are very risky. Same time know that hedge funds and other whales can play to enter BTC for long term at this level as its golden important point.
WE WILL FOLLOW BTC , and it seems there are coming some changes what can change this price action.
FOR BLZ is the first alt coin that can shows real trend increase depending on more reasons
BTC can show some panic sell trends : but the trend are still healthy and can come back with whale volume that can bring the price above 24K
my personally view : with time we will see the real whale breakout made by hedge funds and other whales.