SELL: 0,00001280 - 0,00001330
The Bluzelle project creates a decentralized platform for managing cloud storages and information processing services. The team focuses not only on the reliability of the blockchain ecosystem but also on the scalability to work with big data. The problem of scaling up of modern blockchains is one of the most pressing, and the Bluzelle developers are primarily focused on solving it. In addition, the storage and processing of data in this project are based on the algorithms of decentralized applications, which guarantees the anonymity of use, encryption reliability and immutability of information.
October 29 was marked by an increase in trading volumes. Nevertheless, on December 7, the minimum asset price was formed at the level of 0.00001124. But literally over the next day, the asset gain back 35% of the fall. The November crypto market drop led to a decrease in trading volumes for this asset by 80% from the average, which indicates a high interest in the token, the absence of sellers and the desire of buyers to enter the asset at the lowest price.
The support line is at 0.00001300, but it is rather weak because asset price near the minimum values. The zone of opening a long deal is 0.00001280 - 0.00001330. Stop-loss is not set, because the support is weak and probably short-term beating it. Set the alert to the level of 0.00001350, observe the price behavior in this range. The resistance is at the level of 0.00002318, and the closing point of the deal is set slightly lower, in the range of 0.00001280 - 0.00001330, the rate may not reach the resistance line.
The asset is distinguished by unstable volumes, and therefore there is a of 4 to 15%. Note that bursts of trading activity are associated with the appearance of big buying contracts. Potential growth of the token on the chart is from 80% to 200%. But the project is characterized by a thoughtful and scalable idea, a strong team and extensive experience in the industry, in addition, the BLZ token has only a speculative and investment tool, and is only indirectly related to the development of the project. For transaction within the system, a different token is used, with 1:1 exchange rate to BLZ .