Bluezelle (BLZBTC) just hit our strong support which can lead to a big bullish move.
The red dashed line on the chart marks this support.
Each time this line is activated/touched, BLZBTC moves up and challenges the next resistance level.
We can see that the last time this support was tested, back in late October, the bullish wave that followed hit EMA100 (blue...
Bluezelle (BLZBTC) hit a new low recently and is now starting to reverse... There is a possible change of trend coming...
Which one comes next, up or down?
Right now there is big volume coming in to break above EMA10.
Bullish divergence is strong on the MACD and RSI.
With the long wick just two weeks ago and the above signals in play, Bluezelle is very likely...
$BLZ Trying to do a S/R flip at ~1650sats zone....
UCTS Buy signal active on the 1D
RSI at good levels and showing Bullish divergences with MACD
If it hodls & confirms the new support, a movement to 2400sats zone is possible.
with an uncertainty of bitcoin, I don't think buying alts will be a good decision here but it's something to keep an eye on it. first, it should show bullish price action for confirmation. it doesn't have it now.
wait for it.
The level used to run stops at key highs has capped the market for so long.
No more, the Pivot is broken through and very little now lies in the way for upside expansion. This could be a Mount Vesuvius type event.
- The TRADRZ Team
Original idea by Ribz
I love the name of the token, "Bluezelle". Sounds like fairy tale or something.
By the way, talk about fundamental behind this token.
1. Have 500,000,000 total supply, while 194,767,618 on circulating.
2. BLZ is an ERC-20 token
3. A decentralized data ecosystem that allows individuals and businesses to have full data control and the ability to monetize that...