BLUZELLE - BLZ/USDT - 1H - Technical analysis published on 02/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.117867 USDT
My targets
0.125900 USDT (+2.11%)
0.147033 USDT (+19.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BLUZELLE - BLZ/USDT as long as the price remains well above 0.117867 USDT. The buyers' bullish objective is set at 0.125900 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.147033 USDT. If there is any crossing, the next objective would be the resistance located at 0.307200 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BLUZELLE - BLZ/USDT rating 0.123300 USDT. On the day, this instrument gained +26.87% with the lowest point at 0.097200 USDT and the highest point at 0.126500 USDT. The deviation from the price is +26.85% for the low point and -2.53% for the high point.0.097200
0.126500
0.123300
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BLUZELLE - BLZ/USDT:
Technical
A technical analysis in 1H of this BLUZELLE - BLZ/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.106967 | 0.111800 | 0.117867 | 0.123300 | 0.125900 | 0.307200 | 0.402900 |
| Change (%) | -13.25% | -9.33% | -4.41% | - | +2.11% | +149.15% | +226.76% |
| Change | -0.016333 | -0.011500 | -0.005433 | - | +0.002600 | +0.183900 | +0.279600 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.076377 | 0.086543 | 0.091867 | 0.102033 | 0.107357 | 0.117523 | 0.122847 |
| Camarilla | 0.092930 | 0.094350 | 0.095770 | 0.097190 | 0.098610 | 0.100030 | 0.101450 |
| Woodie | 0.073955 | 0.085333 | 0.089445 | 0.100823 | 0.104935 | 0.116313 | 0.120425 |
| Fibonacci | 0.086543 | 0.092461 | 0.096116 | 0.102033 | 0.107951 | 0.111606 | 0.117523 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025417 | 0.054333 | 0.071767 | 0.100683 | 0.118117 | 0.147033 | 0.164467 |
| Camarilla | 0.076454 | 0.080703 | 0.084951 | 0.089200 | 0.093449 | 0.097698 | 0.101946 |
| Woodie | 0.019675 | 0.051463 | 0.066025 | 0.097813 | 0.112375 | 0.144163 | 0.158725 |
| Fibonacci | 0.054333 | 0.072039 | 0.082978 | 0.100683 | 0.118389 | 0.129328 | 0.147033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.025747 | 0.036973 | 0.055537 | 0.066763 | 0.085327 | 0.096553 | 0.115117 |
| Camarilla | 0.065908 | 0.068639 | 0.071369 | 0.074100 | 0.076831 | 0.079562 | 0.082292 |
| Woodie | 0.029415 | 0.038808 | 0.059205 | 0.068598 | 0.088995 | 0.098388 | 0.118785 |
| Fibonacci | 0.036973 | 0.048353 | 0.055384 | 0.066763 | 0.078143 | 0.085174 | 0.096553 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 65.81 | |
| MACD (12,26,9): | 0.0034 | |
| Directional Movement: | 25.344701 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.116285 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.107482 | |
| Elder Ray (13): | 0.005034 | |
| Super Trend (3,10): | 0.107940 | |
| Zig ZAG (10): | 0.119500 | |
| VORTEX (21): | 1.1653 | |
| Stochastique (14,3,5): | 94.57 | |
| TEMA (21): | 0.118707 | |
| Williams %R (14): | -2.39 | |
| Chande Momentum Oscillator (20): | 0.010700 | |
| Repulse (5,40,3): | 9.3731 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3731 | |
| Courbe Coppock: | 25.70 |
| MA7: | 0.096397 | |
| MA20: | 0.090327 | |
| MA50: | 0.072395 | |
| MA100: | 0.065755 | |
| MAexp7: | 0.117225 | |
| MAexp20: | 0.111974 | |
| MAexp50: | 0.106429 | |
| MAexp100: | 0.100944 | |
| Price / MA7: | +27.91% | |
| Price / MA20: | +36.50% | |
| Price / MA50: | +70.32% | |
| Price / MA100: | +87.51% | |
| Price / MAexp7: | +5.18% | |
| Price / MAexp20: | +10.11% | |
| Price / MAexp50: | +15.85% | |
| Price / MAexp100: | +22.15% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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