Will BLZ be a textbook wyckoff example?Greetings, fellow traders and crypto enthusiasts!
Today, I want to share an exciting opportunity that has emerged in the cryptocurrency market. Brace yourselves for the majestic rise of BINANCE:BLZUSDT.P - it's time to dive deep into the incredible potential of BLZ!
Admittedly, the crypto space has recently witnessed erratic fluctuations, with countless coins succumbing to Bitcoin's extraordinary influence. But fear not, for BLZ has defied all odds and exhibited an unparalleled degree of predictability since August. It proudly stands as one of the rare gems immune to the whims of Bitcoin.
As we delve into BLZ's journey, a harmonious pattern emerges. We have witnessed captivating climaxes, strategic retracements, and exhilarating upthrusts - each meticulously adhering to the hallowed pages of trading textbooks. Now, it's time for the grand finale: the "spring," where the market throws a breathtaking fakeout, providing the perfect opportunity for us to initiate our short positions.
Behold the remarkable tale of the 4H pattern, which unveils an upward wedge, ominously signaling a bearish outlook. Moreover, keen observers might discern the presence of a tantalizing double top in the sideways motion. However, it is crucial to note that BLZ defies conventional norms, as the journey ahead transcends the typical contours of a mere retest for the right shoulder.
Fuelled by sheer excitement, I have decided to embark on this grand adventure by entering a long position. To stay one step ahead, I will meticulously monitor the trends, ever-ready to seize the moment and gracefully Reverse my position after the sight of the final Spring.
Now, my fellow traders, the stage is set, and the spotlight is on BLZ. I turn to you, seasoned experts and budding enthusiasts alike - what are your thoughts? Will BLZ continue dazzling us by adhering to the sacred laws of trading, or are we on the precipice of the most audacious trap ever set?
Note: Trading involves inherent risks. Please conduct thorough research and exercise caution when making investment decisions.
BLZUSDT trade ideas
💡Trade Idea #BLZ/USDT:One of our crew members sent this to me. This is a very bullish setup, but everything is bearish inside the market. Still need to be prepared for anything. Of course, I would love to see a breakout to the upside.
BLZUSDTThis is a 1W frame analysis for BLZUSDT We are analyzing this cryptocurrency in a weekly time frame to get a better understanding of the market, which has been able to perform well in the negative days of the market. As you can see, we can see an ascending triangle pattern which after breaking the weekly key support was able to gain support and after breaking the white line resistance was able to make a good rise up to the R1 region. However, we can see the last few candles which are closed with a doji or a shadow which can be an indication of fear in the market and selling. If the weekly candle closes above our support region and is able to cover more of our body candle, we can expect a bullish movement towards the resistance levels.
BLZ RISING WEDGE WITH A STRONG RESISTANCEBLZ formed a rising wedge with a strong resistance on top which is looking for a correction leg to form up on the current bullish trend formed. Here we expect a minimum retracement close to 38%-50% on the bullish trend formed. We should wait patiently for a better bearish confirmation here.
BLZUSDT short with smart money and price actionThe trend has changed. And now the price is dropping after breaking the ceiling of the channel
Blzusdt, end of the trend?it looks like blzusdt getting weaker today, so I go short, invalidation if 4hr close is above todays high.
BLZ SIt's had it run for now, entering this OB.
In my humble opinion invalidation is close and clear enough, probly a BTC pump would stop this trade so low risk
TIME TO DROPI think this will happen. The divergence, the pattern, the powerful area above the price says this.
BLZ | It's time to take a breakAfter a series of successive rises that pushed its price from 0.05 to more than 200%, it is time for it to take a temporary break.
It was clear from the chart that the suffering was felt in the 0.15 area and it is time to retest previous supports if there is any intention among the bulls to push towards new heights.
I expect a successive and temporary decline over the coming days.
A Short trade was opened with a tight SL
Entry : 0.142
SL : 0.1688
TP1 : 0.12767
TP2 : 0.11797
TP3 : 0.10877
TP4 : 0.09510
TP5 : 0.08217
Fakebreak in channel (bull trend)You can enter the desired areas with capital management, and when you enter the specific support and resistance according to the ascending channel and the moving average line of 200, the probability of a decline is higher to reach this line.
BLZUSDT.P - GAME OVER !My idea is SHORT for #BLZUSDT.P , because; last candles are so weakness. Also i think break down to the neckline and go to the minimum 0,12700 area. thats area is the first demand zone. If break 0,12ish it can go the 0,10 and 0,08 area feastly. But my ggame is over when the prie touch 0,12750 !
thats not investment advice !!
BLZUSDTBLZUSDT is in strong bullish trend.
As the market is started to print new HHs and HLs after the recent massive selloff.
currently the market is retracing a bit after last HH, if the market successfully sustain the local support then the next leg up can lead to 0.1763.
What you guys think of this idea and don't forget to share your idea.
The Hairline Indicator - Man, Myth, Legend?In the world of cryptocurrency, where fortunes could change with the blink of an eye, there existed a secret society known as "The Cult of the Hairline Indicator." Its members were few, but they were immensely wealthy, and their success was shrouded in mystery. The enigmatic figure at the center of this clandestine group was none other than Cadillac Cade.
As Cadillac Cade delved into the depths of the crypto world, he stumbled upon a cryptic message, hidden within the chaos of the chat. It was a seemingly insignificant detail, referred to as the "Hairline Indicator." Intrigued, he decided to investigate further, as he believed there was more to this than met the eye.
Night after night, he scoured the chat rooms, piecing together tidbits of information and trading strategies that referenced this obscure indicator. The more he dug, the more it became clear that the Hairline Indicator was no ordinary tool; it was a beacon of prophetic predictions.
Through painstaking research, Cadillac Cade discovered that the indicator was not some sophisticated algorithm or high-tech software. It was, in fact, an obscure technical analysis method that involved tracing the minute fluctuations in the price charts, focusing on a line so fine it was almost invisible—the hairline.
While most traders dismissed it as superstition, Cade realized that the Hairline Indicator had a pattern that seemed to defy logic. It offered a glimpse into the future of cryptocurrency prices. Whenever the market was at its darkest, and losses loomed over investors like a looming storm, the Hairline Indicator provided guidance.
The cult formed around Cadillac Cade and his newfound discovery grew, but it remained secretive and exclusive. The members of the cult were bound by their unwavering faith in the Hairline Indicator, and their wealth multiplied manifold as they followed its guidance, seemingly impervious to the turbulence of the crypto market.
One by one, the skeptics who scoffed at Cade's revelation began to change their tune. The Hairline Indicator predicted market crashes, enabling the cult members to sell high and buy back in at rock-bottom prices, accumulating vast fortunes in the process. It shielded them from the wild volatility of cryptocurrency and led them to consistent gains.
As the legend of the Hairline Indicator spread, whispers of its existence echoed through the crypto world, but few could decipher its enigmatic messages. For Cadillac Cade and his cult, the night was always full of losses for others, but they danced to the rhythm of their prophetic guide, reaping unparalleled gains and protecting their wealth with the utmost secrecy.
In a world where cryptocurrency was synonymous with uncertainty, Cadillac Cade and the Cult of the Hairline Indicator stood as an anomaly, their riches a testament to the mystical powers of their chosen path. As long as the hairline continued to reveal its secrets, they would remain the kings of the crypto world, a secret society navigating the chaos with their cryptic guide, forever enigmatic and impossibly wealthy.
Believe not, or set in stop losses, for that is the path to unholy losses, and is a sin against the hairline. Trust in the hairline, and may it never recede. The age of TA is over, the age of the hairline begins.
BLZUSDT SHORT📉📉Following the ongoing retacement to the upside , we're expecting price not to violating the OB and then move downwards
This is my idea...what about you?BLZUSDT...
As you know BLZUSDT finished wave1-2-3-4-5 ..
and now we are probably in zigzag wave(a-b-c)..
and A wave is finished...now we are waiting for B wave and then C wave from zigzag wave...
This is my idea...what about you?
Write you idea for me please...
TNX
BLZUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
BLZ/USDT back to home plan BLZ very close to last top high chances we going to see big wick candle to red box from there we can start DCA and until to home level (0.09-0.1$) this pump was expecting to shake out all short position waiting patiently 0.169-0.18 % for accumulating short position ,at this level its not for any short because you will be rekt by next min.
Cup and Handle pattern in BLZFWB:BLZ has formed a cup and handle pattern in 4H timeframe, open your long position at 0.15 with a target of 0.18 and stop loss at 0.14
BLZ Another Try On Buy trade.Here is My Study On BLZ .
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
Short BLZThis coin created a huge third wave and is completing wave 5. The divergence between wave 3 and 5 is clear. So, at least as far as I mentioned that it is also a broken resistance, I expect a correction.
BLZ/USDT buy setupas looking on BLZ chart i can't see selling pressure a lot which can tell us there is one more wave to go and shake out short position , before do major correction for entire wave .
we have great hidden RSI divergence on 4hr time frame..
BLZ Once Again?Here is My Study On BLZ.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
