Long position Double-bottom Strong support - 2 bounces
I believe bluzelle has a very positive long term outlook with solid fundamentals, current the price is low mainly due to adverse market conditions. I think it is a good buy currently and even if it drops lower
Possibility of breakout or fallout? What is your thoughts?
I think we are gonna see more uptrend i dont have a price target but i think its going up
Hello all! Welcome to my first technical analysis post on this platform. I wanted to share the descending triangle pattern formed for BLZ on the 1hour chart. As you can see the price is showing a lot of resistance to the down trend line in blue, forming lower peaks while maintaining the lower support level. On the 1 hour chart, BLZ symbol] has already crossed...
Going up because currently undervalued, all indicators would indicate so, is still under initial price when introduced to exchanges.
An assumption on a short BLZ/BTC trade. I'm not a financial advisor. This is not financial advice. Do your own technical analysis and due diligence. Trading is at your own risk.
BINANCE:BLZBTC BLZ is waiting for confirmation but the lack of data makes it a little difficult to predict a path of where it could go. This is a risky trade but could be 50% short return Remember I do not provide financial advice just an educated opinion. If you want to know how you can get first hand alerts for entry and sells, ask me.
BLZ looking bullish again shorterm with btc refusing a head and shoulders and possibly breaking out. Meanwhile, if BLZ is capable of breaking over 8400 level momentum will carry it higher
%50 Retracement completed, Ready for another run.
$BLZBTC long idea. Buy under 8600 sats. Descending triangle pattern. Expected to rise.
Bluzelle seems to be a very delicate coin. Bitcoin is about to drop so we will see how bluzelle will keep itself.
I will buy in the green box and stop loss must be made.
Buy BLZ!
BLZ / BTC : BUY : 0.000082/85 (WAIT- PLS SET STOP LIMIT ORDER- TO BUY LOWER) SEL : TARGET 1 : 0.000090 TARGET 2 : 0.000095 TARGET 3 : 0.000100 STOP LOS : 0.000073 Binance