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Technical: Near Bottom of Uptrend Channel RSI undersold Fundemental: 30 June 2018 (or earlier) BLZ Lovelace "We’ll regularly be putting out code on our Github over the next couple of months 31 August 2018 (or earlier) Bluzelle (BLZ) Kepler Release PaaS and IDE plugins/integrations, smart contracts, access apps, legacy database import/export, node...
Pretty clear BLZ respected bottom of value channel as well as looks to have strong upside. Placed trailing SL below middle of daily VC.
Looks like head and shoulder pattern is forming. It has shot up 100% since the lows. I am expecting close to 50% correction and wont be catching falling knives. Volume has also died down. Not financial advice.
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...
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?
Revised count from previously posted seems to be more accurate. Wave 3 appears to have finished it's target at 0.00088 (higher than I had originally projected - 0.0008) but in line with revised count. Just beginning it's retracement, and looks like it has some more ways to go. It hasn't yet even hit 0.236 retracement so I think it has more room to fall. Wave...
Strayed a long way from the macro trendline but I think it'll get up.
Wave 5 of Wave 1 of Wave 3 beginning soon. Expecting a final wave 5 to hit around 0.00008 before correcting back into the 0.0000745 range, before it begins wave 3 of wave 3.
I am holding BLZ since ICO and also I buy them when I take opportunity. There will be a comeback in a week or two and you can buy from here to hold them long term or you can buy and sell for a short profit.
BLZ will probably break out after passing over the resistance line
Here's a quick (day) trade opportunity on BLZETH at Binance. After the initial spike, BLZ had consolidated and formed a triangle with support around 70.300. Broke out the triangle and now trying to break out a bullish flag. If it manages to break out off this flag, a further continuation of the bullish trend can be expected. Indicators are curling up and have...