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...
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.
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Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY...
76% profit opportunity incoming. I've entered in my first buy off the bounce. Hope to catch a little lower and scale in. This is not a trade advice column.... this is showing a trade I am making.
Please trade safely out there people. BTC is a little precarious right now.
I am looking at the 88.6 level which is more of a demand level to me.
A spike into the 0.06871 level won't be a bad idea before we start the very much expected 'to the moon'.0.00
I can spot the formation of a wedge which should be completed soon and a potential breakout to the top side for some 1000+ percentage gains.
The partnership with gitcoin is also a...
There is a probability of first tp to the proposed ( 0.00001784 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: BLZBTC Waiting for the Range Bound and the beginning of the Ascension Trend.
BLZBTC breakout from descending trendline and now the price is testing the weekly support. IF the price will retest the support, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
Due to the increase in daily trading volume and the increase in BLZ marketcap and the transition from the uptrend triangle pattern, Targets 1 and 2 are fully available, and in case of failure of the resistance area of the second target, it is possible to achieve the third target in the long run.
As you can see the configurataion is intersting.
Nice Risk ratio
Nice MACD and RSI .
Pattern is showing a falling wedge.
Trade would be
Target : 818 sats
Entry price +/- 2% : 675 sats
Stop loss 655 sats
Happy trading & enjoy your day !
High Risk Investment
Trading cryptocurrencies carries a high level of risk, and may not be...
BLZ/BTC pair is setting up for an Inverse head and shoulders reversal pattern on the weekly/daily chart.
It has already played a Bump and run bottom earlier and almost reached the first measured move, but still a good entry for the IHS trade.
Targets are marked for the ~900day IHS accumulation.
BLZ is setting up for an Inverse head and shoulders reversal...