BLZUSDT trade ideas
🔥 BLZ Bullish ReversalDuring the last bearish move from BTC, BLZ moved and touched the bottom support of the channel. Seeing the current reversing state of the crypto market, I'm expecting BLZ to continue the channel for the near future.
Happy trading!
BLZUSDTBLZ is in a great shape is shorter scales as a bearish trend but in this idea shows completely its not going to be like that because the existence of bulls are obvious in higher scales too
the bulls are in control but there has to be a correction to go further
this idea hast the confirmation of advanced price action
$BLZ Bluzelle , The agile gazelle of the crypto space!See chart. I think it's time to talk about the new crypto/web3.0 ecosystems that will be built in the next years, in which ATOM-COSMOS will no doubt a protagonist. Among the COSMOS eco-system there are several jewels not fully appreciated by the market. One is BLUZELLE $BLZ. What is Bluzelle? A lot, but will be basically an extremely high performant oracle / bridge built on Cosmos and with capability to operate across any chain, that's why it was called Gazzelle xD.
I believe its market cap is still low for the potential future value, that's why I added in my long hold portfolio!
For now, let's trade the bull flag.
bluzelle.com
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BLZUSDTPERPI have a dream:) Indicators seem not well but I will try it with 50x long, my SL is very close to my entry point.
Entry point:$0.508
Stop loss:$0.49177
TP:$0.58
BLZUSDT - 15 MINTight range on the 15 min chart! If we break this bull then the 1 H bullflag is confirmed.
IF we break this down then we need to search a 4H HL
For every new follower i will add a new idea :)
BLZUSDT 4H - POTENTIAL BREAKOUT INCOMINGTechnical:
We are trading in a descending parallel channel that is showing strength with bottom bouncing of EMA 200 and around critical fibb support level.
The channel is a clear correction representing primary 4th Elliot wave.
Breakout from here show the continuation of a long 5th wave, that has good ceiling potentials based on resistance curves.
MA about to cross EMAs.
The chart mimics BTC movements so will most likely wait for a confirmation on that front.
Fundamental:
Backbone of Cosmos/Polkadot universe as their decentralized DB.
Chainlink competitor as offering oracles solution that in theory should be interesting.
Some announcement incoming based on roadmap.
Not a a financial advise, this is just the picture as I see it.
BLZ Trade PlanI will trade ONLY if market forms my expected price action.
TRADE PLAN
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1. Wait for 1-2-3 pattern to form
2. Go long at breaking out of (1)
3. Put stoploss a few points below (0)
4. Take half off at 1:1 (free trade)
5. Take other half at 1:5
6. Move stoploss to 1:4 after second profit target hits
7. Run the rest
WORST SCENARIO
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Take full loss at stop level
Disclaimer: This is not financial or investment advice.
PS: Remember to follow me!
Stay healthy, trade safe
Bests,
Atilla Yurtseven
BLZUSDT DAILY ANALYSISDear Traders, this is my Video Analysis on this Pair, Kindly Drop your thoughts on the Probability of a bullish or bearish move in the coming days.
BLZUSDT - EW analysis - 3rd wave impulse upBLZUSDT - It seems within 4th of 3rd wave correction and expected to finish little lower before it resume the 5th wave up for new high.
Give thumbs up if you really like the trade idea/analysis.
BLZUSDT bluzelle could take one of these options from hereBLZUSDT bluzelle could take one of these options from here
if breaks the 50% fib line down will go to 0% fib line.
