LRC had huge pump from nothing over 600%. LRC has been around long time.
Bluzelle is around also long time similar to LRC and they are forming almost exacst structure from weekly perspective.
What do you think guys? For speculation purposes I will give a chance with small percentage of portfolio.
In our previous original BLZ analysis, we talked about how price to go over $1 and up to $2 eventually.
However I recently discovered the price data on Binance was not complete, hence a re-analysis.
Just like the others published recently, turns out this is also a First Wave Extension.
Trade Idea Enter with stops below the triangle and target previous local ath...
Please see below, linked is the original idea for Bluzelle(BLZ)
I created a fresh chart layou inorder to provide another perspective into BLZ.
As you can see, currently trapped in an ascending channel, BLZ is the perfect coin to hold for the long haul right now.
At support of the larger trending channel, It is a steal to hold for long term gains.
If you look...
Divergence spotted on H1 and M30 and a confirmed entry point at the break of the ichimoku cloud on the m15 chart. Although down pressure is not strong enough let's see how this goes. NOT A FINANCIAL ADVICE!
Evening folks or whatever time it is in your zone.
Chart above is Bluzelle (BLZ) and it looks primed for a breakout.
For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside.
I strongly believe in this project coupled with the fact that its...
bluzelle is a decentralized storage token of 108m$ mcap and delivers high security and unmatched availability, oracle and specially for NfT and DEfI its good for long term hold fibs extention from previous swing shows 1.6$ maximum
💎 BLZUSDT has formed a symmetrical triangle. The price has got rejected from the resistance line several times. After the last rejection I expect that I reverses from the Pullback zone and after the breakout I expect more bullish move.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.2430
BLZ is a decentralised storage network for the creator economy you can say it’s a type of decentralised oracle with advance features it’s market cap is very low as compared to the competitors so upside potential is definitely huge. Technically it is on horizontal support and trend line support on 1D timeframe also forming symmetrical triangle on 3D timeframe once...
Welcome back Traders, Investors, and Community!
BLZUSDT On H4 has broken above the Resistance and retested.
⬆️Buy now or Buy at 0.15797
⭕️SL @ 0.09534
✅TP1 @ 0.26668
✅TP2 @ 0.46760
✅TP3 @ 0.89500
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍...
BINANCE:BLZBTC formed 2 higher lows already, after a long time of sideways consolidation. A breakout above 0.0000055 area may trigger the next impulsive move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY...
It did a great pump and also left a noise behind but for now it's going to consolidate in the area I've shown on the chart which is actually a good bullish sign for this coin.
It's not safe to open long or short positions for now, it's not worth it because it doesn't seem to have the volume to do any big moves for the next few hours. So let's just wait...