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.
BLZUSDT trade ideas
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.
How we caught 130% move in 4 days.💵 Blz went crazy was one of the easiest trades to do.
Blz did an IHNS breakout on the BTC pair which helped Blz pump more, Always trade $ALts which are strong in comparison to bitcoin.
The idea of both ideas attached below.
BLZUSDT Price Action & Trend PredictionThis is my price action and trend prediction for BLZUSDT
Disclaimer: This is not a financial or investment advice
Stay healthy, trade safe.
Atilla Yurtseven
Blz about to mega moon.Blz pair making IHNS also USDT pair is about to breakout.
Keep an eye on it, BTC pair chart coming soon.
Like and share for the support :)
BLZUSDT waiting for the breakout 🦐The price is testing the upper trendline of ascending channel and 4h resistance. If the price will get liquidity and will break the 4 h resistance and flip it in a new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
More than 40% profit in 7 days 🤯I put blz analysis in MAR 1, but for some reason it was removed by Trading View, so I decided to put that analysis back in, and now after a week I've got over 40% profit from BLZ.
#BLZUSDT Trading plan!Hi friens!
The pair has been accumulating strongly for a long time.
There is a pronounced resistance level, above which I plan to buy!
I will buy on the breakdown of the 0.24456 level!
✔ Do not forget to trade using your own trading system and with stops!
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✔ This is the best gratitude for my work! 💕