BLUR---->Long (but What's Next Move?)
Updated
Hello to all
Regarding the Todays Sharp movement, it seems that the general view of
BLURUSDT.P is very bullish, but after such a movement, it is not out of mind to expect a correction of 20 to 50% at most.
In my personal opinion, the price in this trend will not have the necessary momentum to break and cross the $0.45 range, and the price correction will start after the price is rejected from the $0.45 area.
And it will continue until the price of 0.3$ and maybe even more intense up to the area of 0.2$.
And after that, we can expect the start of the next price rally towards the points indicated in the chart, especially $0.55 and $0.9.
My Personal setup :
Entry 0.3$ - 0.22$
TP 0.55$ - 0.77$ - 0.9$ - 1.2$
SL under 0.20$
Also, if the price breaks out from the yellow line, we will have a good position to enter and profit from higher targets:
Entry 0.45$
TP 0.9$ - 1.2$
SL Bullish Trend End Confirmations!
Regarding the Todays Sharp movement, it seems that the general view of
BLURUSDT.P is very bullish, but after such a movement, it is not out of mind to expect a correction of 20 to 50% at most.In my personal opinion, the price in this trend will not have the necessary momentum to break and cross the $0.45 range, and the price correction will start after the price is rejected from the $0.45 area.
And it will continue until the price of 0.3$ and maybe even more intense up to the area of 0.2$.
And after that, we can expect the start of the next price rally towards the points indicated in the chart, especially $0.55 and $0.9.
My Personal setup :
Entry 0.3$ - 0.22$
TP 0.55$ - 0.77$ - 0.9$ - 1.2$
SL under 0.20$
Also, if the price breaks out from the yellow line, we will have a good position to enter and profit from higher targets:
Entry 0.45$
TP 0.9$ - 1.2$
SL Bullish Trend End Confirmations!
Trade active
First Target Reached get ready for Pump!Trade active
Save some Profit Wait for Next Entry Point Trade active
Ready for next rally ! we can add some blur to our bag now.Trade active
0.77 done1$ coming soon
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