BLZUSDTPERP
BLZ/USDT LOOKS PROMOSIMG BLZ/USDT pair is showing promising signs for the mid-term. The structure is transitioning to a more bullish pattern, leading me to anticipate an imminent breakout. A bullish move of 60-120% is expected in the mid-term.
Please note, this is not financial advice. It is recommended that you conduct your own research (DYOR) before making any investment decisions."
A Tactical Approach to #BLZ/USDT Trading with Strong Support!#BLZ/USDT pair:
Technical Analysis:
Strong Support Level: The current scenario indicates that BJD is above a strong support level, suggesting a potential rebound in the price.
Entry Point:
Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above the strong support level.
Additional Entry: Add more positions if the price drops to 0.3307, using this level as an additional buying opportunity.
Target Prices:
Set specific target prices at $0.37540, $0.4, $0.43, and $0.49. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
To manage risk, set a Stop Loss (SL) at 0.3205. This level is chosen to limit potential losses in case the market doesn't move as expected.
Risk-Reward Ratio (R:R):
The Risk-Reward Ratio is mentioned as 1:6, indicating a favorable ratio. This means that for every unit of risk (1), there is the potential for six units of reward.
Cautionary Note:
Emphasizes the importance of exercising caution with leverage and aligning it with individual risk tolerance. The suggestion is to use leverage conservatively to avoid significant losses.
Reminds traders to conduct their own research (DYOR) before making any trading decisions, and clarifies that the provided information is not financial advice.
In summary, the recommendation suggests a bullish stance on #BLZ/USDT based on the strong support level. It provides specific entry points, target prices, and a risk management strategy, while also advising caution with leverage and emphasizing the importance of conducting personal research. As always, the information provided is not financial advice.
BLZ Long positionHi all. Today I opened 2 positions on this asset.
Position 1 was the main one, but it went into correction. During the correction, I got another one with the same volume.
Coin goals:
1 - 0.28305.
2 - 0.31844.
3 - 0.34368.
Next I will leave the part in position.
Have a nice day, everyone!
BLZ has a short period smiley bear structure, becareful retrace⚠➡️Since I discovered this gem on October 16th, we have achieved an additional fourth goal along the way, and there is a fifth goal area above us to achieve, but we can't get too hung up on it.
🧠For this period of upside exactly in line with the expectations of the bottom bullish structure, now we have the possibility of forming a top bearish structure here, so we put the bull defense at 0.23732, if it is broken here, then the smiley face bearish structure will be established, if the bearish structure is established, then the phased correction will occur, although our entry level is very good, But I don't want to suffer too much of a pullback, because we've already made more than 10 times the profit.
➡️If the previous high is broken again, the smiley face bearish structure will be invalidated and we will continue to be bullish.📈
🔔If you also want to improve your trading skills, then you can contact Wolf king 💌and we will set up traps for hunting together.🕳💰🍻
📊The potential smiley face structure of #BLZ is noteworthy📈💎Found a treasure again, this is my favorite smiley face structure, usually we will rise through this structure.📈
😎Obviously this smiling face looks a little shy, I guess it may be a shy girl.😂
➡️I want to be able to relate to it through the diagrams I draw.✔️🍻
Let's see👀
🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻
💕 Follow me so you don't miss out on any signals and analyze 💯
BLZUSDT - CORRECTION NEEDED. (Short)On this coin, many OBs have formed in the range indicated above.
According to the current situation, trading is expected in the short direction, provided that the volume is not cleared from the level of 0.15111
The targets will be the BOS zones - for breaking the structure of the continuation of the downward trend, as well as the IMB price marks and the strong level
BLZUSDT Buy Setup!!BLZUSDT (4h Chart) Technical analysis
BLZUSDT (4h Chart) Currently trading at $0.203
Buy level: Above $0.20
Stop loss: Below $0.16
TP1: $0.238
TP2: $0.245
TP3: $0.3
TP4: $0.4
Max Leverage 2x
Always keep Stop loss
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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 Update Bkz/Usdt
The price of BLZ increased significantly over the weekend. If we observe the current trend in the crypto market, we can see that one coin tends to increase in value every weekend, like YGG and STMX. However, these coins usually experience a sharp decline after Monday.
I have a similar expectation for BLZ, that its price might decrease by around 20-40% in the coming week.
Remember, this is just a thought. Before making any decisions, it's important to do your own research.
Best of luck!
If you believe we're providing helpful insights, please show your support by liking and following us.
Wishing you successful trading!
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/USDT 6 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BLZ/USDT breaks this bullish expanding triangle pattern and now retesting it or on the support of 21MA.
Entry: CMP or upside the 21MA
Targets: 50%TO 60%
Stop Loss: break and close downside the 21MA.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
BLZ/USDT 1 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BLZ/USDT make a bullish pennant pattern and already retested it.
Entry: CMP or upside the 50 MA
Targets: 25%TO 30%
Stop Loss: $0.155
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE