In my previous post I stated that I am not yet bearish on Bitcoin - not even short term.
One of my favourite Altcoins - Bluzelle - confirms my feeling.
For me it's just normal backtesting previous break out points behaviour !!
Let's see how this continues !!
It is too early to talk this coin we will interpret this coin in the near term
Until the that time new support lvl is $ 0,14292 at the moment the coin goes above the horizontal line(support line)
If you want to buy this coin it is ok to buy now.Try to cath other EngineeringRobo' s buy signal.
Unfortunately, EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to...
It has been a wild ride since we bought for dirt cheap under 300 satoshi level !!
We are now up 400% and RSI is starting to enter overbought levels on the weekly time frame.
It is still too early to take profits ! Marketcap still around 30 million dollars - this project has a lot of room to grow.
With mainnet coming up on August 8th there could be some profit...
Bluzelle broke out from the bull flag to the downside and corrected severely going for a strong backtest below 500 satoshi level.
However it is behaving as in the previous flag, where it broke down and made a bullish around-the-apex move.
Therefore you get a chance to get aboard at a great discount !!
Do not waste it !
Bluzelle is bullish as f**** !!
whats your idea? I saw this lvls when price was 300 sats.
but still we are going there. Waiting. im lovin it... and its not mcD. its BLZ.)
i think before deep corr ...
we will go to 1100_+ or even 1300...1400 sats.
we will see. but i love it!
I do not know whether this figure exists ?!?
A bull flag with a barabolic underline ....
What I DO KNOW is that buyers are less and less patient to wait until it touches the bottom of a conventional bull flag !!
So if you ask me, Bluzelle is in a hell of a bullish mode !!
WATCH OUT ABOVE !!
Very bullish behaviour at the 650 satoshi level !
650 is a volume by price cluster, so price is forming a bull flag right at this level !
Price broke down yesterday but is making a bullish around the apex move today.
It will most probably run through resistance at 650 sats and make another powerful breakout (similar to the one at 380 sats).
We are in Bluzelle...
After a successful backtest at the apex of the green rising triangle - 280 satoshi level - this coin is rising fast on consistent volume !!
This is eventually the last chance to get aboard on the cheap !
For some fundamentals on this project refer to previous posts.
This is just a final heads up !
After a 12 month basing pattern, price has broken out of yellow...
Bluzelle represents a key component of the decentralized internet.
This company has some amazing Partnerships: JD.com; Microsoft, HSBC and KPMG.
It has collaborations with high profile blockchains like 0x, Zilliqa, Bee Token, Neo and IoTex.
Besides this today it has a MarketCap under 6 million USD !!
This price is a complete joke ! ... or could be viewed as an...
Bluzelle (BLZBTC) is moving above MA200 on really high volume... This one can continue to grow right away.
Anyways, in the chart here you have the next Fib. resistance level marked and the potential profits from the current price.
If prices drop below support, we go lower (red arrow).
This is not financial advice.
BLZ has attempted to break the 200MA on MULTIPLE occasions now, and has been rejected every time. BLZ buyers continue to push for the major resistance to be broken and I expect this to be broken on the coming wave. A slight push back near 200 and below sats is possible before the final wave up to break thru T1 at 262 sats. I expect this push to hold...