RNDR Long Set-UpA long here with the sessions vwap being the first TP and aiming for the daily level above (purple line) which was the last level relevant untested level before the recent sell off, seems like the best move.
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This is not financial advice. This is for educational purposes only.
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BLZ forming cup & handleBluzelle forming a multi month cup & handle !
The 5th of November RSI got very oversold and there is now a positive RSI divergence at the double bottom in price terms.
I am loading up on this one again since it has been one of the best performing DeFi projects in the recent short Altseason.
I think BLUZELLE will be one of the best performers in the next one !
Preparing for the final move !!It has been a wild ride since we bought for dirt cheap under 300 satoshi level !!
We are now up 400% and RSI is starting to enter overbought levels on the weekly time frame.
It is still too early to take profits ! Marketcap still around 30 million dollars - this project has a lot of room to grow.
With mainnet coming up on August 8th there could be some profit taking at around 1600 satosi level.
My BLZ exposure is becoming too big...
I will take partial profits at around this level (50% of my holdings) and rotate them in my reserve currency (XRP).
The remaining BLZ will not be sold before 2022.
Not financial advice. It's what I will be doing.
YOU ARE LUCKY - you get a second chance !!Bluzelle broke out from the bull flag to the downside and corrected severely going for a strong backtest below 500 satoshi level.
However it is behaving as in the previous flag, where it broke down and made a bullish around-the-apex move.
Therefore you get a chance to get aboard at a great discount !!
Do not waste it !
Bluzelle is bullish as f**** !!
Bluzelle breaks out of a PARABOLIC FLAG ??I do not know whether this figure exists ?!?
A bull flag with a barabolic underline ....
What I DO KNOW is that buyers are less and less patient to wait until it touches the bottom of a conventional bull flag !!
So if you ask me, Bluzelle is in a hell of a bullish mode !!
WATCH OUT ABOVE !!
Close up on BLZ: very bullish behaviour !!Very bullish behaviour at the 650 satoshi level !
650 is a volume by price cluster, so price is forming a bull flag right at this level !
Price broke down yesterday but is making a bullish around the apex move today.
It will most probably run through resistance at 650 sats and make another powerful breakout (similar to the one at 380 sats).
We are in Bluzelle since 250 sats !
So we are up 150% in a little more than 1 month.
But still a long way to go since this baby has only 13 million MarketCap and is headed to greatness !!