Quite bullish on this setup, holding trend line for the moment and sitting above 38.6% fibs. If and when market turns BLZBTC could well have a nice move if stays above trend line.
Bluzelle! Man I love this coin. Super neat concept they have going on, and when it moves, it likes to move dramatically. It's Wave 3 was an amazing 40% jump over 2 days. Caught most of it to my delight. So it corrected hard during the BTC bloodbath yesterday, bringing it to within 400 sat of the peak of Primary wave 1 (6500 sat). Since then its bounced a bit and...
If support doesn't hold at the 50% fibs at 7264 then look for 6339 as a good entry. 200ma below that so plase stop loss just under 6339 as there is a chance of a 200ma retest.
Looks like BLZ had a really short 5th wave and I miscalled the top of BLZ by about 10%. The long wave 1 and 3, and unclear corrective pattern of wave 4 threw me off and left me thinking it was going to surge more than it did. So Cycle 1 is complete, and the A wave correction from the 3 primary waves up hit the 0.382 correction line before bouncing, so it's an...
Like many other alt coins I think there is still a lot of room to grow. The 200 ema is below the price of almost all coins which is very bullish in my opinion. If bitcoin can continue to rally and confirm a bull market then we are going to see some explosive growth. For now let's focus on BLZ. We can see that it's follow a slow upwards trend. I believe it will...
Hello Fellas, i did a small trade within 60 Minutes. Sometimes it happens, sometimes not. So with the Madhatter Strategy I could find this little coin. I entered my position on the green line. 50% of it was done halfway. Now waiting if I can get more of those. In this very moment its increasing more and more. I expect the next resistent very soon as volume is...
Double topping on the hourly? I penciled in a direction I think it might take.
Wondering if BLZ can maintain this upswing. Perched on top of a decent support zone. Can it hold?
Strayed a long way from the macro trendline but I think it'll get up.
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...
Buying at the orange line. Cool project. Seemingly very good fundamentals. Fully retraced. Not posting sell targets because I'll prob hold it longterm. But if you need to set sells, the fibs look really nice and clean.
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.
Possibility of breakout or fallout? What is your thoughts?
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...
BINANCE:BLZBTC BLZ is waiting for confirmation but the lack of data makes it a little difficult to predict a path of where it could go. This is a risky trade but could be 50% short return Remember I do not provide financial advice just an educated opinion. If you want to know how you can get first hand alerts for entry and sells, ask me.