storage coins getting hype) are you already in? targets 60x 80x after looking and analyze it again)
BLZ broke out of this major trendline. I expect the price to rise way past this trendline.
Bluzelle faces 50EMA weekly. It accumulates near the EMA which acts as resistance. After the breakout the coin will march towards 100EMA weekly around 960 satoshis. TA factors: 1- MACD and Stochastic bullish. I have another view of analysis using Fibonacci and Elliot waves for BLZ in another post:
BLZBTC ENTRY: 0.00000370 - 0.00000400 TP1: 0.00000405 TP2: 0.00000465 TP3: 0.00000545 TP4: 0.00000635 TP5: 0.00000777 TP6: 0.00000920 STOP: Close daily (D) candle below 0.00000280. ---- I hope you enjoy this one, this is another good setup. We have two support levels, the yellow space and the red dashed line at the bottom, we are bullish above...
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Bluzelle is tracked and made a pullback to support after completing waves 1 and 2. We can expect the coin moving to wave 3 against BTC. Next targets in yellow on the chart. TA factors: 1- Stochastic oversold again.
i guess this is not reccomanded kinda move cuz you might end up buying a local top but .. given that we in bull market and inverse head n shoulders on HTF i will take my chance looking to buy this between 500 and 480 or another way to play this would be to wait for 4h close above the red rectangle i guess that would provide some confirmation target be them...
Big cup & handle pattern !! Recent breakout of the handle (bullish descending wedge). Bullish hammer above resistance on the weekly. One word: B - U - L - L - I - S - H - ! - !
You can buy whenever it reaches the blue range
$BLZ Testing ~470sats resistance level & showing signs of accumulation below it (bullish) Looking for a break above it (Volume -- potential R/S flip) as signal of continuation.. UCTS showing Buy signals on the 2D & every lower timeframe.. Upside to '20 highs is massive. #BLZ
What are we seeing here? I am seeing altcoin after altcoin pair getting ready for a very strong bout of growth... Is it really possible? It is already happening in many ways with huge profits coming in daily from a wide variety of altcoins. Here we have Bluezelle (BLZBTC), which is now trading above resistance and aiming for a price increase. Additional...