BLUZELLE - BLZ/USDT - 1H - Technical analysis published on 09/19/2023 (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
72%
6%
22%
My opinion
Bullish above 0.173300 USDT
My targets
0.197400 USDT (+0.82%)
0.226300 USDT (+15.58%)
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 0.173300 USDT. The buyers' bullish objective is set at 0.197400 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.226300 USDT. If there is any crossing, the next objective would be the resistance located at 0.239700 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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 price is 0.195800 USDT. The price has increased by +4.32% since the last closing and was traded between 0.170300 USDT and 0.212800 USDT over the period. The price is currently at +14.97% from its lowest and -7.99% from its highest.0.170300
0.212800
0.195800
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BLUZELLE - BLZ/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BLUZELLE - BLZ/USDT in 1H shows a strongly overall 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.145767 | 0.154000 | 0.168700 | 0.195800 | 0.239700 | 0.307200 | 0.402900 |
| Change (%) | -25.55% | -21.35% | -13.84% | - | +22.42% | +56.89% | +105.77% |
| Change | -0.050033 | -0.041800 | -0.027100 | - | +0.043900 | +0.111400 | +0.207100 |
| Level | Minor | Minor | Major | - | Minor | 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 | 0.110200 | 0.129700 | 0.158700 | 0.178200 | 0.207200 | 0.226700 | 0.255700 |
| Camarilla | 0.174363 | 0.178808 | 0.183254 | 0.187700 | 0.192146 | 0.196592 | 0.201038 |
| Woodie | 0.114950 | 0.132075 | 0.163450 | 0.180575 | 0.211950 | 0.229075 | 0.260450 |
| Fibonacci | 0.129700 | 0.148227 | 0.159673 | 0.178200 | 0.196727 | 0.208173 | 0.226700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067300 | 0.091400 | 0.120300 | 0.144400 | 0.173300 | 0.197400 | 0.226300 |
| Camarilla | 0.134625 | 0.139483 | 0.144342 | 0.149200 | 0.154058 | 0.158917 | 0.163775 |
| Woodie | 0.069700 | 0.092600 | 0.122700 | 0.145600 | 0.175700 | 0.198600 | 0.228700 |
| Fibonacci | 0.091400 | 0.111646 | 0.124154 | 0.144400 | 0.164646 | 0.177154 | 0.197400 |
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 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): | 63.10 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 22.468983 | |
| AROON (14): | 64.285715 | |
| DEMA (21): | 0.199736 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.174862 | |
| Elder Ray (13): | 0.007261 | |
| Super Trend (3,10): | 0.178588 | |
| Zig ZAG (10): | 0.197000 | |
| VORTEX (21): | 1.1872 | |
| Stochastique (14,3,5): | 76.08 | |
| TEMA (21): | 0.203842 | |
| Williams %R (14): | -37.65 | |
| Chande Momentum Oscillator (20): | 0.009200 | |
| Repulse (5,40,3): | -1.2824 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7735 | |
| Courbe Coppock: | 23.40 |
| MA7: | 0.164957 | |
| MA20: | 0.141930 | |
| MA50: | 0.109197 | |
| MA100: | 0.082469 | |
| MAexp7: | 0.197381 | |
| MAexp20: | 0.186924 | |
| MAexp50: | 0.173621 | |
| MAexp100: | 0.164464 | |
| Price / MA7: | +18.70% | |
| Price / MA20: | +37.96% | |
| Price / MA50: | +79.31% | |
| Price / MA100: | +137.42% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | +4.75% | |
| Price / MAexp50: | +12.77% | |
| Price / MAexp100: | +19.05% |
Quotes :
-
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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