💎Technical Analysis Summary💎
BINANCE: BLZBTC
-Bluzelle is painting a potential H&S pattern
-This pattern is bearish if the support neckline breaks
-This is also a warning sign if you have a Buy position
-Please reduce or close your trade if the support failed
-The next key level of support is around 500s sat
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BLZ/BTC
-Bluzelle is currently pulling back after the breakout strong breakout
-In my opinion, it will likely to test the previous resistance area
-If we can see Bullish rejection at this zone, and the support will hold
-There is a chance we can see a bounce up reaction up to 1800 sat
-We can also see the 200MA is catching up as dynamic support
-Watch the .618...
BLZ/BTC
-Since the Cross Ultimate indicator flashes a Buy priority signal
-The price today already increased by over 300% returns
-We can also see where the strong reaction at MA support last July 28
-The bounce shoot up over 60% increased that day
-BLZ is trying to make a new Higher High
-If the daily candle will close strong
-It is likely to reach the 1300...
BLZ/BTC
-cross ultimate indicator flashes signal Buy priority last June 11
-the price has rallied over 170% up
-we can also see the MA acted as strong support at 270 range
-after that, the uptrend continued higher today
-currently, BLZ is approaching strong resistance area at 800 sat
-we will likely see some pullback at this zone
-I don't recommend buying at the...
BLZ/BTC
-last May 26th, the cross ultimate indicator signal is Buy priority
-the price rallied up and is now at +90%
-BLZ broke the ascending pattern to the upside
-two best entry point is listed on the chart for reference
-the upside potential is up to 480s
BLZ/BTC
-the price is testing the previous support area
-approaching key ascending trendline of support
-if this will be its potential new higher low
-it is a good buy zone to get an early entry before the breakout
-but for conservative traders, buying the breakout
-of the symmetrical triangle is the safest setup
-upside target is up to 360s
-stoploss is...
BLZ/BTC
-cross ultimate indicator flashes Buy priority signal last May 24
-the price pump almost 100% after the signal
-BLZ retest the previous support and moving averages
-confirmed strong support and rallied up over 30% pump
-I do not recommend to buy at this level
-though we still have a chance to retest the top resistance
-because the risk>reward is no...
BLZ/BTC
BLZ is showing an early sign of bulls buying every deep correction.
We can also see a bullish RSI divergence during the 30% drop last week.
BLZ bounces off right at the bottom trend-line support of the descending channel.
But currently rejected by the top trend-line resistance. If BLZ pulls back and holds 220 area zone,
we might see a potential...
BLZ/BTC
Triple Bottom, Broke Down-line resistance, Massive Bull
Volume, Higher High and now waiting for Higher Low.
This is looking Bullish daily uptrend.
Trade setup
Buy area: 330 Sats - 300 Sats
Sell target: 450 Sats - 600 Sats
Stop loss: 250 Sats
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Check out my other Technical Analysis...
Prices just broke out of falling wedge pattern (Reversal pattern). Red zones are profit taking zones. Once we break above a profit taking zone(resistance) use it as stop loss.
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Read other analysis below. ( Over 90 % accuracy so far)
Buy Price: Yellow Line
TP: Green Lines
Moon: White Area
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some...
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. I am sure, you will be get nice profit. Good Luck!
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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...
BLZETH appears to be finishing off a correction on Wave 5-1 (Of Cycle 1)
Based on Fib Ratios of Wave 1, Wave 3, and Wave 5-1 - and confluence zones between them...
It seems likely that Wave 5-3 will land somewhere in the 0.00107 area.
After a correction, likely to no lower than 0.00102, it should continue on a path to around 0.00117.
At this point, 5 waves will...
