BLUZELLE - BLZ/USDT - 15 min. - Technical analysis published on 08/19/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.100837 USDT
My targets
0.121063 USDT (+2.77%)
0.139027 USDT (+18.02%)
My analysis
The bullish trend is currently very strong on BLUZELLE - BLZ/USDT. As long as the price remains above the support at 0.100837 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.121063 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.139027 USDT as an objective. Crossing it would then enable buyers to target 0.159253 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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Additional analysis
Quotes
BLUZELLE - BLZ/USDT rating 0.117800 USDT. The price registered an increase of +14.26% on the session with the lowest point at 0.098010 USDT and the highest point at 0.134100 USDT. The deviation from the price is +20.19% for the low point and -12.16% for the high point.0.098010
0.134100
0.117800
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of BLUZELLE - BLZ/USDT in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.093990 | 0.100500 | 0.107300 | 0.117800 | 0.119400 | 0.307200 | 0.402900 |
| Change (%) | -20.21% | -14.69% | -8.91% | - | +1.36% | +160.78% | +242.02% |
| Change | -0.023810 | -0.017300 | -0.010500 | - | +0.001600 | +0.189400 | +0.285100 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044683 | 0.062647 | 0.082873 | 0.100837 | 0.121063 | 0.139027 | 0.159253 |
| Camarilla | 0.092598 | 0.096099 | 0.099599 | 0.103100 | 0.106601 | 0.110102 | 0.113602 |
| Woodie | 0.045815 | 0.063213 | 0.084005 | 0.101403 | 0.122195 | 0.139593 | 0.160385 |
| Fibonacci | 0.062647 | 0.077235 | 0.086248 | 0.100837 | 0.115425 | 0.124438 | 0.139027 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038297 | 0.043853 | 0.052877 | 0.058433 | 0.067457 | 0.073013 | 0.082037 |
| Camarilla | 0.057891 | 0.059227 | 0.060564 | 0.061900 | 0.063237 | 0.064573 | 0.065910 |
| Woodie | 0.040030 | 0.044720 | 0.054610 | 0.059300 | 0.069190 | 0.073880 | 0.083770 |
| Fibonacci | 0.043853 | 0.049423 | 0.052864 | 0.058433 | 0.064003 | 0.067444 | 0.073013 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.036023 | 0.044017 | 0.048203 | 0.056197 | 0.060383 | 0.068377 | 0.072563 |
| Camarilla | 0.049041 | 0.050157 | 0.051274 | 0.052390 | 0.053507 | 0.054623 | 0.055740 |
| Woodie | 0.034120 | 0.043065 | 0.046300 | 0.055245 | 0.058480 | 0.067425 | 0.070660 |
| Fibonacci | 0.044017 | 0.048669 | 0.051544 | 0.056197 | 0.060849 | 0.063724 | 0.068377 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.41 | |
| MACD (12,26,9): | 0.0044 | |
| Directional Movement: | 13.016775 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.120509 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.116100 | |
| Elder Ray (13): | 0.000731 | |
| Super Trend (3,10): | 0.115625 | |
| Zig ZAG (10): | 0.117700 | |
| VORTEX (21): | 1.1572 | |
| Stochastique (14,3,5): | 56.59 | |
| TEMA (21): | 0.123130 | |
| Williams %R (14): | -44.33 | |
| Chande Momentum Oscillator (20): | 0.012800 | |
| Repulse (5,40,3): | -2.7717 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5710 | |
| Courbe Coppock: | 38.48 |
| MA7: | 0.096914 | |
| MA20: | 0.068108 | |
| MA50: | 0.061519 | |
| MA100: | 0.060141 | |
| MAexp7: | 0.119442 | |
| MAexp20: | 0.115022 | |
| MAexp50: | 0.109277 | |
| MAexp100: | 0.103877 | |
| Price / MA7: | +21.55% | |
| Price / MA20: | +72.96% | |
| Price / MA50: | +91.49% | |
| Price / MA100: | +95.87% | |
| Price / MAexp7: | -1.37% | |
| Price / MAexp20: | +2.42% | |
| Price / MAexp50: | +7.80% | |
| Price / MAexp100: | +13.40% |
Quotes :
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Real time data
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