BLZBTC
#blz DONT MISS THIS SETUPPrices just broke out of falling wedge pattern (Reversal pattern). Red zones are profit taking zones. Once we break above a profit taking zone(resistance) use it as stop loss.
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Read other analysis below. ( Over 90 % accuracy so far)
BLZ Bullish CaseHi friends! Welcome to PoopTrader's forecast for $BLZ
There are a lot of reasons to believe $blz is about to melt faces and could very well steal the limelight from waves and $strat.
First reason, a bullish diversion signal appeared in 1D Chart which spans to over 30 days.
Second is that it recently broke out from a falling wedge which is bullish.
Third is that it is about to complete a full blown broadening wedge at the bottom which could be prelude to huge bullish targets in the coming days.
Poop targets are in the chart.
This could be overly optimistic targets for some but you all know what crypto is capable during #altseason.
This is just a guide, not a trading advise.
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-Your Bullish Poop Trader
No more servers needed. BLZ/BTC analyticsBUY: 0,00001280 - 0,00001330
SELL: 0,00001280 - 0,00001330
STOP-LOSS: -
Support: 0,00001300
Resistance: 0,00002318
The Bluzelle project creates a decentralized platform for managing cloud storages and information processing services. The team focuses not only on the reliability of the blockchain ecosystem but also on the scalability to work with big data. The problem of scaling up of modern blockchains is one of the most pressing, and the Bluzelle developers are primarily focused on solving it. In addition, the storage and processing of data in this project are based on the algorithms of decentralized applications, which guarantees the anonymity of use, encryption reliability and immutability of information.
October 29 was marked by an increase in trading volumes. Nevertheless, on December 7, the minimum asset price was formed at the level of 0.00001124. But literally over the next day, the asset gain back 35% of the fall. The November crypto market drop led to a decrease in trading volumes for this asset by 80% from the average, which indicates a high interest in the token, the absence of sellers and the desire of buyers to enter the asset at the lowest price.
The support line is at 0.00001300, but it is rather weak because asset price near the minimum values. The zone of opening a long deal is 0.00001280 - 0.00001330. Stop-loss is not set, because the support is weak and probably short-term beating it. Set the alert to the level of 0.00001350, observe the price behavior in this range. The resistance is at the level of 0.00002318, and the closing point of the deal is set slightly lower, in the range of 0.00001280 - 0.00001330, the rate may not reach the resistance line.
The asset is distinguished by unstable volumes, and therefore there is a volatility of 4 to 15%. Note that bursts of trading activity are associated with the appearance of big buying contracts. Potential growth of the token on the chart is from 80% to 200%. But the project is characterized by a thoughtful and scalable idea, a strong team and extensive experience in the industry, in addition, the BLZ token has only a speculative and investment tool, and is only indirectly related to the development of the project. For transaction within the system, a different token is used, with 1:1 exchange rate to BLZ.
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.
I Put My Bet on $BLZ If It Breakout... 30% ++ is Waiting!I love the name of the token, "Bluezelle". Sounds like fairy tale or something.
By the way, talk about fundamental behind this token.
1. Have 500,000,000 total supply, while 194,767,618 on circulating.
2. BLZ is an ERC-20 token
3. A decentralized data ecosystem that allows individuals and businesses to have full data control and the ability to monetize that data
4. Listed on big exchanges such as Binance, Huobi and Gate.io
5. Young project, as it's recoginized on coinmarketcap.com was on February this year
6. In my opinion the project topic is quite relevant at the current trend and i'm looking forward for the progress because i'm agreeing on "blockchain as the new internet" which are cheaper, faster, have more rewards and decentralized.
Looking at the chart, it's quite flat for several months now. I'm looking for great R:R trade which is BLZ get into my radar. I should've dig this early around 1900 - 2000 sats as the first breakout confirmation zone. It made 1/4 from capital or 25% from that level at the moment. Looking forward for second breakout moment on the range of 2425 sats to 2500 sats. If we break and hold, I will bet it on 3172 sats as the nearest resistance and it will made me around 30%+.
I'm worry if this one will make a higher high double top but i will consider for opening possibility the second entry.
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BLZ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Area
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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