BLZ BREAKOUT Ready to start the next leg up we have broken the flag on the 15 min TF if i have interaction on this i will update regularly through the weekend
BLZUSDT trade ideas
Bluzelle (BLZUSDT) Possible upward continuation Unfortunately, I posted BLZ Trade
In a group for my friends only from 0.0505
The currency chart gives us positive signals for the continuation of an upward wave that may be the last before the expected major collapse.
Stop loss and profit taking locations are on the chart.
#BLZ/USDT
Buy High - Sell Higher
Entry 1: 0.142
Entry 2: 0.126
Average Entry: 0.134
Stop: 0.1133 (-20%)
TP1: 0.1636 (15%)
TP2: 0.1989 (40%)
TP3: 0.2277 (60%)
TP4: 0.2781 (95%)
Not financial advice, always do your own research.
blz key levelswe are in a tight spot at the moment could break either way i have marked out some key levels
BlzWe reach to resistance area and we have good situation for short.after complete pattern we will have good goal for a long pozition
The Strength and Consistency of BLZUSDT💎#BLZUSDT has consistently stood out as a top performer over recent months. Its upward trajectory is evident, with the coin consistently marking new higher peaks and troughs on shorter timeframes. After a decisive rebound from the 200 Simple Moving Average on an hourly chart, it established $0.0787 as a pivotal long-term support and demand threshold. Since that point, its value has been on an incline, and it's noteworthy how the $0.1218 supply threshold transitioned into a demand zone.
💎The current price dynamics of #BLZ underscore the respect for this demand zone. There were three separate attempts to dip below this level, but all were unsuccessful. This pattern underscores the dominance of bullish traders and suggests a higher likelihood of continued upward momentum. As such, we might witness #BLZ's price advancing, possibly even surpassing the dual Fibonacci resistance levels.
💎Conversely, it's crucial to acknowledge the recent rebound from the 161.8% Fibonacci resistance, which might be a red flag for bullish traders. If the price descends below the present demand zone, we might see a more pronounced downward correction, possibly revisiting the 200SMA. However, it's essential to remember that the odds still lean towards an uptrend, and a significant dip might attract more investors. Only if #BLZUSDT descends below the $0.0787 support/demand threshold will we re-evaluate this analysis, potentially with a more bearish perspective.
BLZUSDT strong uptrend, with good probability of continuationBLZ has shown one of the better performances in recent months compared to most coins out there. The resistance has turned into support which has been respected. This is likely to be the starting point of an uptrend continuation.
Beginner's Guide : Identifying BTC-Resistant Crypto Sanctuaries As a crypto trader, shielding yourself from the stormy volatility of Bitcoin (BTC) is imperative. By creating a separate watchlist, you can identify safe haven assets that remain resilient during BTC's turbulent times. Whether you're a seasoned trader or a beginner, it's crucial to set up your watchlist accordingly to minimize risks and maximize trading opportunities. In this article, we'll explore the importance of a segregated watchlist and provide guidance on how to set it up.
Separating Related and Not Related Pairs:
To construct your segregated watchlist, utilize the convenient features provided by TradingView. Firstly, click on your existing watchlist and create a new list dedicated specifically to altcoins. Alternatively, you can categorize pairs using color flag feature as either related or not related, emphasizing the distinction between those influenced directly by BTC and those that operate independently.
Experienced traders understand the paramount importance of maintaining a segregated watchlist. However, if you're a beginner, it's never too late to establish one. While you may not trade the same pairs as me, the fundamental concept remains crucial—identify safe havens shielded from BTC's erratic movements. As a beginner, now is the perfect time to create your own watchlist and align your trading strategies with reduced risks and increased potential rewards.
Example list i am using (you should backtest and make your own)
1. Blue-Chip (Not Related):
This category comprises altcoins that have limited correlation to BTC's price movements. They are considered more independent and can offer alternative trading opportunities. Examples include BINANCE:BLZUSDT.P , BINANCE:TRBUSDT.P , BINANCE:STORJUSDT.P , BINANCE:CYBERUSDT.P , BINANCE:WLDUSDT.P , BINANCE:COMPUSDT.P , and BINANCE:SXPUSDT.P
2. BTC Strong Related:
These altcoins closely follow BTC's price movements. Traders should be cautious when considering trades within this category. or just trade BTC instead. Examples include BINANCE:1000PEPEUSDT.P , BINANCE:PERPUSDT.P , BINANCE:FETUSDT.P , BINANCE:XRPUSDT.P , BINANCE:AGIXUSDT.P , BINANCE:YGGUSDT.P , BINANCE:OMGUSDT.P , BINANCE:BNBUSDT.P , BINANCE:1000SHIBUSDT.P , BINANCE:DOGEUSDT.P , BINANCE:SUIUSDT.P , BINANCE:ARBUSDT.P , and BINANCE:RUNEUSDT.P
3. Fast Bouncers:
These altcoins have a temporary correlation with BTC's price, but they often recover quickly and resume their original trajectory. Traders may find opportunities here despite the short-term impact of BTC. Examples include BINANCE:AGLDUSDT.P and BINANCE:OPUSDT.P
Personal usage of watching list.
Scene 1: when Btc is extremely volatile
trade btc and the unrelated pairs only
Scene 2: when Btc is in consolidation
all coins are tradable
thats it .
hope this helps :)
BLZUSDT Buy Setup!!BLZUSDT (4h Chart) Technical analysis
BLZUSDT (4h Chart) Currently trading at $0.203
Buy level: Above $0.20
Stop loss: Below $0.16
TP1: $0.238
TP2: $0.245
TP3: $0.3
TP4: $0.4
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
blzusdt- mentoringblzusdt- big run-up in last days
was very hard for me to chart
probably major resistance around 28850
from there possibale to look for short
possibale to make small long scalps until reaching this target
if correct to vasinity to 14000 look for long
#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistanceBluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support.
⚡️⚡️ #BLZ/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 6.4%
Current Price:
0.15552
Entry Targets:
1) 0.16459
Take-Profit Targets:
1) 0.12635
Stop Targets:
1) 0.18375
Published By: @Zblaba
FWB:BLZ BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com
Risk/Reward= 1:2
Expected Profit= +92.9%
Possible Loss= -46.6%
Estimated Gaintime= 4-8 days
BLZUSDT - MM IDEALDon't short BLZUSDT if you don't understand how it operates. Prioritize trading with the trend.
Entry Long: 0.159$
Entry Short: 0.35$
Goodluck!
BLZ DAILY CHARTBlz is still bullrish and It continues its movement within the rising channel, by following the channel, buying in the lower band and selling in the upper band can be evaluated.
BLZ bearish OBVBLZ diverging with OBV showing weakness as it approaches weekly resistance in 4h chart
taking my short positions and sl above 0.2 region
DYOR
In the the popOften times when a crypto is trending up strongly like this, a fomo spike follows soon after. Position on here towards 0.20$+.
Remember to not invest more than you can afford to lose.
BLZUSDTBLZUSDT is in bullish trend.
Potentially printing HH and HL.
No sign of trend reversal from here.
We wait and watch for the breakout of last HH.
Will BLZ be a textbook wyckoff example?Greetings, fellow traders and crypto enthusiasts!
Today, I want to share an exciting opportunity that has emerged in the cryptocurrency market. Brace yourselves for the majestic rise of BINANCE:BLZUSDT.P - it's time to dive deep into the incredible potential of BLZ!
Admittedly, the crypto space has recently witnessed erratic fluctuations, with countless coins succumbing to Bitcoin's extraordinary influence. But fear not, for BLZ has defied all odds and exhibited an unparalleled degree of predictability since August. It proudly stands as one of the rare gems immune to the whims of Bitcoin.
As we delve into BLZ's journey, a harmonious pattern emerges. We have witnessed captivating climaxes, strategic retracements, and exhilarating upthrusts - each meticulously adhering to the hallowed pages of trading textbooks. Now, it's time for the grand finale: the "spring," where the market throws a breathtaking fakeout, providing the perfect opportunity for us to initiate our short positions.
Behold the remarkable tale of the 4H pattern, which unveils an upward wedge, ominously signaling a bearish outlook. Moreover, keen observers might discern the presence of a tantalizing double top in the sideways motion. However, it is crucial to note that BLZ defies conventional norms, as the journey ahead transcends the typical contours of a mere retest for the right shoulder.
Fuelled by sheer excitement, I have decided to embark on this grand adventure by entering a long position. To stay one step ahead, I will meticulously monitor the trends, ever-ready to seize the moment and gracefully Reverse my position after the sight of the final Spring.
Now, my fellow traders, the stage is set, and the spotlight is on BLZ. I turn to you, seasoned experts and budding enthusiasts alike - what are your thoughts? Will BLZ continue dazzling us by adhering to the sacred laws of trading, or are we on the precipice of the most audacious trap ever set?
Note: Trading involves inherent risks. Please conduct thorough research and exercise caution when making investment decisions.
💡Trade Idea #BLZ/USDT:One of our crew members sent this to me. This is a very bullish setup, but everything is bearish inside the market. Still need to be prepared for anything. Of course, I would love to see a breakout to the upside.
BLZUSDTThis is a 1W frame analysis for BLZUSDT We are analyzing this cryptocurrency in a weekly time frame to get a better understanding of the market, which has been able to perform well in the negative days of the market. As you can see, we can see an ascending triangle pattern which after breaking the weekly key support was able to gain support and after breaking the white line resistance was able to make a good rise up to the R1 region. However, we can see the last few candles which are closed with a doji or a shadow which can be an indication of fear in the market and selling. If the weekly candle closes above our support region and is able to cover more of our body candle, we can expect a bullish movement towards the resistance levels.
