Potential H&S forming on USD buying power of BTC vs BLZBTC value.
Basic idea: when the chart’s bullish, better to hold USD or BTC. When it’s bearish: alts are the best vehicle of accumulating BTC (in this case, Bluzelle).
A recent success for those who got in on the pre-sale and whitelist, we are beginning to see where the general interest in the project is met with a price that seems appropriate. The lull in volume has seen a recent increase and I believe presents an opportunity for traders to make some substantial gains from purchasing in the green (buy) zone and selling at the...
IF (big if), the new bull channel is validated, the two entries I'd be looking for are on a double-bottom either on a dip into the buyzone (ideal) or the bottom of the trendline.
Bearish continuation if price dips below the buyzone and confirms it as resistance on the other side.
Hello all! Welcome to my first technical analysis post on this platform.
I wanted to share the descending triangle pattern formed for BLZ on the 1hour chart. As you can see the price is showing a lot of resistance to the down trend line in blue, forming lower peaks while maintaining the lower support level.
On the 1 hour chart, BLZ symbol] has already crossed...