Bluzelle has broken its downward trendline. Just wait for a pullback to major area and watch the price reaction.
It is not a financial advice. Do on your own risk.
BLZ has been difficult to read recently due to the massive volatility spikes. From the higher timeframe, it looks like we can be heading to one of 2 key levels where we'll get a bounce.
First Level: 0.1800
78.6 Fibonacci and Structure
Second Level: 0.1200
We have previous structure where we saw a triple bottom. We could be making a higher timeframe double bottom...
In this video:
* The bulls have emphatically returned to the stock market
* Will the crypto space follow suite
* A review of my purple altcoins from yesterday
* You still have opportunity to enter some of these trades
Wishing you the best in all your trades!
- Stew
In this video:
* We discuss some new great signs and indicators in the crypto space indicating that the bulls will run soon
* I pick some of my favorite altcoins today, all with beautiful setups
* I challenge you to pick the (4) four best cryptos from this list from which I have chosen. If you pick the four that I picked, you will win a month of free subscription...
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...
In this video:
* Daily rundown attempting to gauge current crypto space market sentiment
* Review of my favorite altcoins currently
* New coin bluzelle added to the coinbase exchange
* API3, BLZ, COVAL, GODS, IMX, MDT, MUSD and RBN were also added FYI but I do not cover these coins in this video ...maybe a future video?
Bluzelle (BLZ) back over support and with room to grow.
Not much more to say 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Fuzzy AI projected Ascending Triangle .
KEY POINTS:
Ascending Triangle is a bullish pattern.
AI expects the price to break out.
If retrace, bounce from support.
The target price is the blue box.
Enjoy this sample of our smart signals!
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...
I think BLZ is preparing for a larger bullish triangle but should not fall below 0.22. If blz drops 0.22, a fomo may have arrived and people could sell the BLZ.
Not financial advice.
Neutral!
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...
