bZx Protocol Token (BZRX) Analysis 08/03/2021as we can see the token has passed from its Accumulation zone and now did an impulse wave and the rally started
we can see Hidden Divergence of Price and MACD Histogram, which is the sign of trend continuation.
there are total 3 TPs specified by Fibonacci projection tool,
if 2 TP gets Triggered then we may have some Correction and retracement and then continue its rally to our 3 TP
so 2TP will Guaranty the 3TP
Bzrxusd
bZx protocol | Long Term InvestmentAs per their official website, the BZRX protocol or BZX is an Ethereum based DeFi lending protocol where users can borrow, lend, and trade without relying on third-party banks. DeFi or Decentralised Finance is a branch of crypto that is focused on providing decentralised financial solutions to people looking for funds as an alternative to banks. Many people who can't get loans through banks or do want to give away their information to financial institutions can use DeFi solutions. There's a ton of DeFi lending platforms available and BZRX is one of them.
At the time of writing, the BZRX price stands at $0.36. BZRX is a potentially profitable investment. We predict that BZRX will climb to $1.80 by the end of 2022 and will reach up to $4.00 at the end of 2023. However, these price predictions should be taken with a grain of salt.
Based on our forecasts for a long-term price increase is expected to be around +360.00%.
- Our option for #BZRX is BUY & HOLD.
BZRX Price Statistics
bZx Protocol Price: $0.3667
Price Change 24h: $-0.06876/-15.79%
24h Low / 24h High: $0.361/$0.4355
Trading Volume 24h: $95,206,544.85/+169.09%
Volume / Market Cap: 0.7616
Market Dominance: 0.00%
Market Rank: 407
Total Value Locked ( TVL ): $177,047,936
Market Cap: $125,014,385.34/-12.19%
Fully Diluted Market Cap: $376,846,546.92/-12.31%
It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
Trading & Investing both are the master of RISK.
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| Review and analysis by Samadi.Finance |
LongHi guys, well we are in an incremental triangle pattern and by breaking the pattern we can reach the goals.
Consider the loss limit below the uptrend.
#signal
#BZRX
#BZRXUSDT
Spot( Midterm)🌟
Enter :0.38
___
Target : 0.55
Target : 0.66
Target : 0.77
Stop loss : 0.30
Daily Close In : 0.30
BZRX/USDTbZx Protocol token had tried to break out of the 0.48 resistance area multiple times on the 4hr chart but failed, and finally, on the 4hr candle yesterday, it crashed hard. However, a very long-term consolidation area is below the current price from its breakout area, which was never retested before since the breakout. I expect lots of order blocks to be sitting there to help this pair bounce back and retry, breaking the 0.48 resistance again. We also have a huge area of SL clusters below it, which is wicked to the downside may push the price back up extremely quickly. Trading this pair should be done with a well-placed SL far away from that cluster area. I expect this pair to retest the local resistance area of 0.4350 and global 0.5200 and 0.6150 once BTC settles down.
bZx Protocol - expecting further uptrendNo need to say more at the moment. I am expecting more upside in the next days. There may even be another all time high. Best of luck to all of us.
$BZRXTrend lines are so close to pump. be careful
stop loss is important and under of the support must be stop
the best options;
i think it is falling on the trend line or breakout of resistance-trend line.
BZRX - False Break Out!BZRX needs another correction?
I think so! Watching the price action, there are times when I think it broke the top edge. But once again the price pulled back to continue accumulating.
If it breaks the downtrend line up is the best thing.
However, to form a sustainable uptrend channel. BZRX should make a false breakout and bounce for a long term uptrend.
Target: $0.66
BZRX Pump or more Dump ahead ?As we can see on the chart we have reclaimed the previous support that were resistance for us.
Currently we are testing on 4H chart and the price is struggling to hold the line if we ball below the Support line (Previous Resistance) and test it then more DUMP is coming ahead possibly forming Triple Bottom where we expect a Bounce back.
#BZRXUSDT Trade Setup. 25% Scalping Profit!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.
BZRX broke out of the channel and it's ready for a rally.
One of the altcoins which haven't been pumped yet!
ENTRY: $.315 to $.340
Targets:-
$.376
$.392
$.432
$.464
Accumulate in dips too.
Leverage: 3x to 5x
Stop Loss :- $.3065
If you want me to post more of these setups, hit that like button and share your views in the comment section.
Thank you
#PEACE
BZRX test resistance zoneBZRX / USDT
BZRX try to break weekly/ strong resistance
If bulls can push and hold price above for next few hours we can see more strong bullish movements in next days/ weeks
Keep your eye on it
BZRX/USDT LIMIT BUY SIGNALOn a higher timeframe, bZx Protocol is showing a strong bullish tend. Upon a small pullback price might present an interesting medium term buying opportunity
BZRXUSDT Technical Analysis UpdateBZRXUSDT (1H CHART) Technical Analysis Update
BZRX/USDT currently trading at $0.23
Buy-level: $0.225 - $0.230 (Wait for the small retracement)
Stop loss: Below $0.212
Target 1: $0.240
Target 2: $0.255
Target 3: $0.270
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BZRX - Undervalued Gem... 400%+ growth potentialBased on my analysis the crypto market is changing the direction. Now long term bullish market is expected to continue and many coins as well as BZRX can reach a new all time high.
BZRX/USDTIf we reversed up from here , target will be the purple line and above :)
Good Luck:)
For Donation If u like my analysis :
USDT : 0xaeac0e3d230da8b26d05af618e74c557a917315f
BTC : 1HuiRoQvUF2p5rf1YhPFZebuCJNSjXChkZ
ETH : 0xaeac0e3d230da8b26d05af618e74c557a917315f
Good situation for BZRXIf BZRX can break out the resistance zone successfully, you can see a good situation for long position on BZRX! Keep eye on BZRX!
bzrxWe can expect good amount of growth If it breaks and stabilize it's price above the resistance level