BLUZELLE - BLZ/USDT - 1H - Technical analysis published on 09/14/2023 (GMT)
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- Timeframe : 1H
- - 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%
6%
33%
My opinion
Bullish above 0.152500 USDT
My targets
0.160367 USDT (+1.76%)
0.168500 USDT (+6.92%)
My analysis
The bullish trend is currently very strong on BLUZELLE - BLZ/USDT. As long as the price remains above the support at 0.152500 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.160367 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.168500 USDT as an objective. Crossing it would then enable buyers to target 0.174100 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
7.9
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This analysis was given by Godson1735. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BLUZELLE - BLZ/USDT rating is 0.157600 USDT. On the day, this instrument gained +9.98% and was traded between 0.143000 USDT and 0.162500 USDT over the period. The price is currently at +10.21% from its lowest and -3.02% from its highest.0.143000
0.162500
0.157600
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this BLUZELLE - BLZ/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 11 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.132450 | 0.140800 | 0.152500 | 0.157600 | 0.168500 | 0.174100 | 0.239700 |
| Change (%) | -15.96% | -10.66% | -3.24% | - | +6.92% | +10.47% | +52.09% |
| Change | -0.025150 | -0.016800 | -0.005100 | - | +0.010900 | +0.016500 | +0.082100 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.132233 | 0.137367 | 0.140333 | 0.145467 | 0.148433 | 0.153567 | 0.156533 |
| Camarilla | 0.141073 | 0.141815 | 0.142558 | 0.143300 | 0.144043 | 0.144785 | 0.145528 |
| Woodie | 0.131150 | 0.136825 | 0.139250 | 0.144925 | 0.147350 | 0.153025 | 0.155450 |
| Fibonacci | 0.137367 | 0.140461 | 0.142373 | 0.145467 | 0.148561 | 0.150473 | 0.153567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032367 | 0.071233 | 0.096367 | 0.135233 | 0.160367 | 0.199233 | 0.224367 |
| Camarilla | 0.103900 | 0.109767 | 0.115633 | 0.121500 | 0.127367 | 0.133233 | 0.139100 |
| Woodie | 0.025500 | 0.067800 | 0.089500 | 0.131800 | 0.153500 | 0.195800 | 0.217500 |
| Fibonacci | 0.071233 | 0.095681 | 0.110785 | 0.135233 | 0.159681 | 0.174785 | 0.199233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.040683 | 0.004113 | 0.058007 | 0.102803 | 0.156697 | 0.201493 | 0.255387 |
| Camarilla | 0.084760 | 0.093807 | 0.102853 | 0.111900 | 0.120947 | 0.129993 | 0.139040 |
| Woodie | -0.036135 | 0.006388 | 0.062555 | 0.105078 | 0.161245 | 0.203768 | 0.259935 |
| Fibonacci | 0.004113 | 0.041813 | 0.065104 | 0.102803 | 0.140503 | 0.163794 | 0.201493 |
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): | 59.61 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 17.819854 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.156566 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.153300 | |
| Elder Ray (13): | 0.002792 | |
| Super Trend (3,10): | 0.145320 | |
| Zig ZAG (10): | 0.157200 | |
| VORTEX (21): | 1.0999 | |
| Stochastique (14,3,5): | 60.98 | |
| TEMA (21): | 0.157653 | |
| Williams %R (14): | -29.41 | |
| Chande Momentum Oscillator (20): | 0.010700 | |
| Repulse (5,40,3): | 0.8754 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2888 | |
| Courbe Coppock: | 10.98 |
| MA7: | 0.138129 | |
| MA20: | 0.127725 | |
| MA50: | 0.097497 | |
| MA100: | 0.076678 | |
| MAexp7: | 0.155551 | |
| MAexp20: | 0.152683 | |
| MAexp50: | 0.147936 | |
| MAexp100: | 0.143065 | |
| Price / MA7: | +14.10% | |
| Price / MA20: | +23.39% | |
| Price / MA50: | +61.65% | |
| Price / MA100: | +105.53% | |
| Price / MAexp7: | +1.32% | |
| Price / MAexp20: | +3.22% | |
| Price / MAexp50: | +6.53% | |
| Price / MAexp100: | +10.16% |
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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