Two things for
BLURUSDT, first we get a 40-50% push up, if the volume and fundamentals is strong we could continue the push to 120% creating a new swing high else we will get a cut at the 40-50% push up and head back down to the 78% Fibonacci level on the mid term before the long term bull run continues.OTHER ANALYSIS
Note
you should have started accumulating BLURUSDT if you care.Note
this movement up for BLURUSDT looks corrective rather than impulsive so I took some profit at the 1:1 target which is $0.4815. Next target is $1 but if it chooses the other scenario, I will be adding to position lower.Note
Hey, did you forget BLURUSDT
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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.