BLZUSDT.P trade ideas
BLZ analysis (8H)Note that this is a buy/long setup, not a sell/short setup.
BLZ appears to be now inside a diamond diametric. BLZ now appears to be in wave E of this diametric.
We will look for buy/long positions in the green range.
The targets are clear on the chart
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#BLZ/USDT breaks the Diagonal Trendline in 4-Hour TF!#BLZ/USDT breaks the Diagonal Trendline in 4-Hour TF!
Waiting for a successful retest to long $BLZ. The local resistance level is PMH $0.1615 and the support level is PDL $0.1211.
BLZUSDT.P LONGBLZUSDT.P LONG
BLZ just had a massive move to the upside and is parabolic state.
Entry - 0.14485 - 0.14688
SL - 1-5% or 0.14200
TP - 0.17754 or when happy!
Use only low lev and 1% risk
TYOR
DYOR
NOT A FINANCIAL ADVIICE
Happy trading everyone!
Bluzelle (BLZ): Possible Bullish Momentum / Catching Sell SoonBluzelle seems to have found its foundation and is recovering slowly from here by testing again the 100EMA (where lately we had a small rejection).
Now buyers are not yet exhausted so we think there is a chance to see another touc to 200EMA and a possible fakeout above it as well.
Swallow Team
Where to buy BLZ?It seems that we have a corrective diametric on the chart, from which the G wave is left.
The green range is a powerful range. If the price reaches this range, we will enter buy/long positions.
When you enter the position and make a profit of 20% or more, proceed to save profit.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BLZ#BLZ
Now:17h34 22.8.2024 GMT+7, Hanoi, Vietnam
Chart:H4
Contact me by clicking on the link pinned on my profile
Note: I never texted you first.
#giapduclong #crypto #forex #index #stock #trader #signal
BLZ looks bullishFrom where we placed the green arrow on the chart, it looks like an ABC pattern or a more complex pattern has formed
.
Wave A is over and it seems we are now in Wave B.
Wave B looks like a triangle.
BLZ is expected to rise up to the red box (in the red box wave d of B can be completed) and then reject to the green box (for wave e of B).
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BLZ technical analysisBLZ is in a bearish trend and moving in a falling wedge for approximately 125 days. The support zone (Yellow) at $0.1080 - $0.1241 is holding the price. If this zone failed to hold the price we could see more decline in the price. After the breakout from the trend line, we could see some bullish moves. If the momentum continues we could see the price to the next levels.
Traders should be vigilant, considering positions based on the support's reaction and entering a buy if it holds. Always consider risk management strategies, especially with the current market volatility, and set stop-loss orders to protect against unforeseen price movements.
Is a Major Move Imminent? #BLZUSDT on the Edge of a Breakout!Yello, Paradisers! Are you ready for a breakout that could shake up the market? Here's what you need to know about #BLZUSDT right now.
💎#BLZUSDT is flirting with a descending channel, and we're on the verge of a potential breakout that could ignite a strong upward move. At the moment, #BLUZELLE is testing the channel's resistance while trading within a consolidation zone.
💎If it can hold steady at the crucial support level of $0.1106, we might see a substantial push toward our target resistance levels.
💎But, as always, the market is volatile. If #BLZUSDT loses its grip and drops below $0.1106, it could signal the end of this bullish momentum, leading to a significant price decline.
Stay sharp, and play it smart, Paradisers. We're in a critical zone right now.
MyCryptoParadise
iFeel the success🌴
BLZUSDT-Update#Blz forming a descending channel on the daily chart💁♂️
Breakout above middle line could trigger a massive bullish wave🚀
Watch for confirmation before making any moves☝️
BLZUSDT is BullishPrice was in a strong downtrend, however a bullish RSI divergence appeared on four hourly time frame, which was followed by the break of previous lower high, signaling that bulls have assumed control of the price action. If the bullish momentum sustains then we can expect a bullish rally. Targets are mentioned on the chart.
Bluzelle (BLZUSDT): Strategic Spot-Buy OpportunityDuring our recent livestream, we highlighted BLZUSDT as a potential spot-buy opportunity. We identified several key levels of interest for entries and stops.
12-Hour Chart Analysis:
The weekly fair-value gap nearly overlaps with the three-day fair-value gap, making this level a significant potential entry point. Additionally, the lower support zone, which has frequent price interactions and includes another three-day fair-value gap, offers a secondary entry level. We'll place our stop-loss just below the midpoint of the monthly fair-value gap, marked by a blue dotted line. In conclusion, BLZUSDT looks like a promising spot-buy opportunity with clear entry levels and a strategic stop-loss placement. We look forward to seeing new highs well above $0.48.
Yearly VWAP Analysis:
In addition to our usual analysis, let's take a look at the VWAP (Volume Weighted Average Price) charts to fine-tune our strategy. Specifically, we'll focus on the annual VWAP for 2023. The current position of the price is between the 2023 VAH (Volume Area High) and the 2023 VWAP. We expect the price to reach the 2023 VWAP, aligning with our first entry level. Our stop-loss aligns with the 2023 VAL (Volume Area Low), providing extra confidence in this support level. This alignment, though unintentional, suggests strong support.
The annual VWAP chart adds more validation to our BLZ-USDT strategy. Aligning our entry at the 2023 VWAP and setting the stop-loss just below the 2023 VAL strengthens our support levels and makes our setup more robust.
Quarterly VWAP Analysis:
The price has fallen below the 2023 Q4 VAH (Volume Area High) and is now nearing the 2023 Q4 VAL (Volume Area Low). The price is approaching the 2023 Q4 VAL, a crucial support level. Both the 2023 Q3 VAH and the 2023 Q3 VWAP closely align with our primary entry levels, adding further confidence to our strategy.
Our strategy summary involves aligning the primary entry with the 2023 Q3 VAH and the 2023 Q3 VWAP. These levels overlap with our identified fair-value gaps, providing potential support. The quarterly VWAP chart strengthens our confidence in the identified support levels for BLZ-USDT. The overlap between the annual and quarterly VWAP levels at our entry points suggests strong support, making this a promising setup for a spot trade.
BLZUSDTBLZUSDT is in bullish trend.
Printing HH and HL.
Bullish divergence also shown in RSI.
We wait and watch for the breakout of last HH.
BLZUSDT 1DConsider buying #BLZ at its support levels of $0.2224 and $0.2060. It is currently moving within a falling wedge pattern on the daily chart. In the event of a breakout, the target prices are:
$0.3077
$0.3706
$0.4215
$0.4724
BLZUSDT Are You Ready for a Major Move? Yello, Paradisers! Is #BLZUSDT about to plummet or skyrocket? Let's dive into the key levels and probabilities you need to know!
💎#BLZ is showing signs of retracing to the support zone in the $0.215 - $0.2 area after failing to break the supply zone and experiencing a hard rejection. This loss of momentum suggests may need to revisit the support zone to regain strength for a new move.
💎If BLZ successfully breaks out without revisiting the support zone, we could see a significant bullish momentum, pushing the price upwards to achieve high-probability targets.
💎However, if BLZ revisits the support zone but fails to sustain it, breaking below $0.2, this could be a bearish signal. The price may continue downward towards the next target area around the Bullish Order Block (OB) at $0.183.
💎Should BLZ hit the OB at $0.183, a reversal could occur due to large orders in that area. However, confirmation is needed. BLZ must reclaim the support zone above $0.215 to align with our bullish plan.
💎If BLZ breaks below the OB at $0.183, this would be a strong bearish signal, invalidating the bullish scenario and increasing the probability of further dips.
Stay vigilant, Paradisers! The next moves in BLZ will determine if we see a bullish surge or a bearish plunge. Discipline and strategic planning are crucial. Trade smart and stay focused!
MyCryptoParadise
iFeel the success🌴
BLZ USDT lONG POTENTIALHi everyone
this is not a financial, investment, trading, or other types of advice or recommendations
this is my idea
and its my art and way of seeing market today
trade with your plan
Detailed Technical Analysis for BLZ-USDT ChartThe price of BLZ is currently trading at $0.2895 and it is in the resistance zone (Green) at $0.2815 - $0.2907, trading under the trendline(Red) for approximately 66 days. The chart shows a bearish trend, as there are 2 EMA’s 55 (Blue) and 100 (Red) they are also showing a bearish trend, and the price is struggling to break above a descending trendline on a daily time frame.
After making a rejection(Orange Circle) from the trendline the price breaks through the green zone and bounces back from the blue zone at $0.1983 - $0.2228.
Key Zones and Levels
Resistance zone (Green) $0.2815 - $0.2907
Resistance Levels $0.3887 and $0.4626
Support zone (Blue) $0.1983 - $0.2228
Final Support $0.1099
Trendline (Red)
Moving Average Analysis
The 55-day (blue) and 100-day (red) EMAs are both sloping downwards, reinforcing the bearish outlook. The price needs to break above these EMAs to signal a reversal in trend.
Scenarios
There are 2 possible scenarios bullish and bearish
1- Bullish
If the price breaks out from the green zone at $0.2815 - $0.2907 and the trendline(Red) with the high volume we could see the price testing at the $0.3887 resistance and if it flips the $0.3887 level then the next target will be $0.4626 level. The price has to break above the EMA’s as they are also acting as a resistance to go up.
2- Bearish
If the price is rejected from this green zone, after a pullback we might see the price testing the support zone(Blue) at $0.1983 - $0.2228, and if this zone cannot hold the price we might see more decline in the price of BLZ.
Volume and Market Sentiment
The current volume of 12.71M suggests active market participation. However, the price movement will depend on whether the bulls can sustain momentum to break above the critical resistance levels.
Conclusion,
Bluzelle (BLZ) is trading at $0.2834 in a bearish trend, struggling to break a resistance zone of $0.2815-$0.2907 and descending trendline. A breakout could target $0.3887 and $0.4626, while rejection may drop it to $0.1983-$0.2228.
BLZ/USDT Will BLZ Conquer the $0.296 Barrier? Watch Now!💎 Paradisers, BLZ is currently challenging a crucial supply area, previously a strong demand zone, which could set the stage for bullish momentum.
💎 A successful breakout above the $0.296 mark could pave the way for BLZ to overcome the descending resistance line, potentially leading to significant upward movement toward our target resistance area.
💎 If BLZ fails to surpass the supply area and faces a firm rejection, it might retreat to the lower demand zone around $0.25. This could be a pivotal point for BLZ to regroup and attempt another push towards the supply area.
💎 The crucial moment comes when BLZ tests the demand area. The price needs to bounce from this point to maintain a bullish outlook and make another attempt to break through the supply barrier.
💎 However, a concerning sign would be if BLZ fails to hold the demand area and breaks below it. A more definitive bearish signal would be if BLZ closes a daily candle below the key support area, indicating potential for further declines.
MyCryptoParadise
iFeel the success🌴
BLZUSDTThe way i look into BLZ is somewhat different upon all the difficulty in the market i believe BLZ will standstill on it way to more upside
BLZBLZ STIL NEED CORRECTION
The price have to visit this are to go up healthy other wise the short term traders (Future traders will cray)
Good investment area
Trade Safe
