Long
Blur Breaks Descending Channel | 165% - 240% BU-Pot.
The pattern/channel shown here depicts bearish action happening since February 2024, but this pair has been going down since November 2023. There is always a silver lining. A downtrend is always followed by its reverse, an uptrend.
When prices are dropping, we can track the pair because we know that eventually the downtrend will break and a new uptrend will form. This is because the cryptocurrency market is a new, growing and evolving market. What goes down, it is sure to move back up.
➖ On this chart, BLURBTC, we have a classic Adam & Eve bottom pattern. We have the cup pattern. We have the breakdown of the descending channel and downtrend, as well as a lower low (5-Aug.) that has less volume than a previous low (26-June). When we see a pair hitting new lows on a bearish trend yet volume decreasing, it means the trend is losing strength. When the trend losses strength, it means it is about to change.
There is potential for a bullish reversal to take place soon.
➢ BLURBTC is organizing a trip... To The Moon!
Easy targets and growth potential can be seen on the title of this trade-idea and the chart.
Thank you for reading.
Namaste.
When prices are dropping, we can track the pair because we know that eventually the downtrend will break and a new uptrend will form. This is because the cryptocurrency market is a new, growing and evolving market. What goes down, it is sure to move back up.
➖ On this chart, BLURBTC, we have a classic Adam & Eve bottom pattern. We have the cup pattern. We have the breakdown of the descending channel and downtrend, as well as a lower low (5-Aug.) that has less volume than a previous low (26-June). When we see a pair hitting new lows on a bearish trend yet volume decreasing, it means the trend is losing strength. When the trend losses strength, it means it is about to change.
There is potential for a bullish reversal to take place soon.
➢ BLURBTC is organizing a trip... To The Moon!
Easy targets and growth potential can be seen on the title of this trade-idea and the chart.
Thank you for reading.
Namaste.
Note
This one is looking good as well. They will all grow at once.Once the altcoins start moving, it will be a strong marketwide wave. (ALTSBTC that is.)
Trade active
Notice the blue line, this is the baseline as resistance, it has been broken after months of bullish consolidation (consolidation while prices move higher). The next move is a strong bullish breakout.Prepare for growth!
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🚨 Long-term Financial Success Available » Make The Right Choice » Join NOW! 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.