BLURUSDT
BLUR UPDATE (12H)This is an update to the analysis you see in the "Related Ideas" section
From where Start is written, a new pattern was formed.
In the previous analysis, we considered this pattern to be diametric, but according to the signs, it appears to be a triangle.
Now we seem to be in wave C of this triangle.
This is the path we are considering for BLUR
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#BLUR/USDT#BLUR
The price is moving in a bearish flag channel on a 12-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 0.55.
It used to work as resistance before and now it works as support
We have a trend to rise above the Moving Average 100
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.5824
The first target is 0.6244
The second target is 0.7029
The third goal is 0.7929
BLUR target 1.2554h time frame
-
BLUR is creating a big head and shoulders, and breaking out the short-term downtrend line so far. Neckline of HS is around 0.834, that is the critical resistance for BLUR to make further crazy pump. Entry after neckline got breakout doesn't provide that great RRR as current entry.
-
TP: 1.255
SL: 0.363
BLUR - A blurry trade and decent opportunity BINANCE:BLURUSDT (4H CHART) Technical Analysis Update
BLUR is currently trading at $0.6676 and showing overall Bullish sentiment
Price currently broken out from the resistance line. the next target is around 0.75 which is our exit price.
Entry level: $ 0.6479 - 0.6677
Stop loss level: $0.5604
Target 1: $ 0.6940
Target 2: $ 0.7361
Target 3: $ 0.8270
Target 4: $ 0.9326
Max Leverage: 2x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
BLUR looks bullishFrom where I wrote start on the chart, a bullish branch has started, which looks like a diametric.
It seems we are now at the end of wave D of this diametric. If the price reaches the green box, we will enter the buy/long position.
The E wave can advance even up to TP 2.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BLUR---->Long (but What's Next Move?)Hello to all
Regarding the Todays Sharp movement, it seems that the general view of BINANCE: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!
BLUR target 1.24h time frame
-
BLUR is creating a small diamond structure during increasing way. Diamond is a netural structure that doesn't tend to be pump or dump; however, BLUR is getting support from the uptrend line of this diamond, and almost complete the retest of cup and handle, all signs show current support is effective.
-
TP: 1.2
SL: 0.63
Seizing Bullish Momentum: #BLUR/USDT Technical Breakout!
Certainly! Let's break down the provided information about trading the #BLUR/USDT pair:
Technical Analysis:
Pattern Identified: A bullish flag pattern has been identified, suggesting a potential upward movement in the price of #BLUR/USDT.
Breakout Confirmation: The price has broken out of the bullish flag pattern, indicating a bullish trend.
Retest: The market is currently undergoing a retest, which is a common occurrence after a breakout. This retest serves as confirmation of the pattern.
Entry Point:
Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the ongoing bullish momentum.
Potential Additional Entry: Be prepared to add more positions if the price drops to $0.523, using this level as a strategic buying opportunity.
Target Prices:
Set specific target prices at $0.65, $0.72, $0.8, $0.91, and $1.05. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
To manage risk, set a Stop Loss (SL) at $0.496. This level is chosen to limit potential losses in case the market does not move as expected.
Leverage:
Consider using leverage in the range of 5x to 10x. Leverage amplifies both potential profits and potential losses, so use it cautiously and in alignment with your risk tolerance.
Risk-Reward Ratio (R:R):
The Risk-Reward Ratio is mentioned as 1:6. This means that for every unit of risk (1), there is the potential for six units of reward. A higher R:R ratio is generally considered more favorable for traders.
Cautionary Note:
Emphasizes the importance of using leverage cautiously and aligning it with individual risk tolerance. The suggestion is to use leverage conservatively to minimize the risk of substantial losses.
Reminds traders to conduct their own research (DYOR) before making any trading decisions, as the information provided is not financial advice.
In summary, the recommendation suggests a bullish stance on #BLUR/USDT based on the identified pattern and breakout. It provides specific entry points, target prices, and a risk management strategy, while also urging traders to exercise caution, especially with leverage, and conduct their own research.
BLUR Cryptocurrency potential Sell-Off soon!BLUR serves as the governance token for Blur, a non-fungible token (NFT) marketplace and aggregator platform.
BLUR Market Cap is $813Mil
BLUR Fully Diluted Market Capitalization is $1,96 Billion!
49.46M $BLUR(about $32.50M) was unlocked yesterday and they will be unlocking more coins next month!
I have a rival to study for comparison, Rarible and its token RARI.
Rarible operates as an NFT marketplace and issuance platform with a focus on empowering creators. The platform leverages the RARI token to reward users engaged in active interactions with the protocol.
RARI Market Cap is $32Mil
RARI Fully Diluted Market Capitalization is $35Mil!
In 2021 RARI was trading at $63.53 and its fully diluted Mk cap was $1.57 Billion! Sounds familiar?
Then the DILUTION started!
And now is trading 45X lower, at $1.4!
In case it will follow RARI`s rule, my price target for BLUR is $0.015.
Now it`s trading at $0.657!
BLURUSDT - Inverted H&S CompletionH&S completion with a strong bull move following in green.
I have shown the left and right shoulders and head in grey.
What I am assuming is a large bull move comes after completion.
Blur has had and is still having a lot of success in the NFT area also so this furthers the bullish emphasis.
What is BLUR's next move?We have identified an A wave and a large B wave on the chart. From where we have entered on the chart "START" our big B wave has started
Wave B appears to be a rising diametric, with only its final wave, the g wave, remaining.
In the green range (flip), you can look for buy/long positions.
We have specified the targets on the chart. Closing a daily candle below the green range will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BLUR/USDT upward momentum from support? 👀🚀Blur Analysis💎 Paradisers, focus on #BLURUSDT, which is currently showing signs that point to a potential bullish move from its support zone.
💎 Amid the recent market uncertainties, Blur has experienced a downward trend. Now, if it can successfully hold momentum at the support zone of $.3754, there's a significant chance it might initiate a bullish push towards the strong resistance zone at $0.6809.
💎 In the fast-paced and ever-changing world of cryptocurrency trading, the ability to adapt and respond to varying market conditions is key. If #BLUR struggles to maintain its position at the $.3754 support level, reevaluating and modifying our strategy could be essential.
💎 In such a scenario, we might consider a bullish ascent from a deeper support level, located at $0.3214. Keeping a watchful eye on this level is crucial, as breaking below it could indicate the need for a strategic shift, highlighting potential difficulties in sustaining a bullish momentum in the #BLUR market.
BLUR can go UP by Falling Wedge Pattern(➕40%)🚀📈Today, I want to check the Blur(BLUR) project for you, which can increase by at least ➕40% in the coming days.
📚What Is Blur (BLUR)❗️❓
🔸 BLUR is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platforms.
🌐The latest News of the Blur(BLUR) project:
🔸The Blur team has unlocked a total of 485 million tokens since June.
🔸The latest transfer to Coinbase Prime did not cause a slide as BLUR climbed to $0.47.
🔸The price of Blur (BLUR) jumped to 9.57% in the last 24 hours, reaching a high of $0.47 in the process. This price increase occurred after a $23.26 million token unlock by the NFT marketplace and aggregator project. Per Etherscan, the Blur team transferred 49.82 million tokens out of its multi-sig wallet.
📉In terms of technical analysis, the BLUR token managed to form a Falling Wedge Pattern near the 🟢 Support zone($0.480_$0.395) 🟢 and 50_SMA(Daily) .
✅Currently, BLUR has succeeded in breaking the upper line of the Falling Wedge Pattern .
👀It is better to take a look at the BLURBTC chart before making a decision.
BLURBTC has managed to break the Downtrend line and has approached the 🔴Resistance zone🔴 with high momentum. I expect that BLURBTC can break the 🔴Resistance zone🔴 after a short pause and attack the 🔴Next Resistance zone🔴.👇
🔔As a result, I expect the BLUR token to start rising again after completing the pullback to the upper line of the Falling Wedge Pattern and at least up to the Resistance line and 🎯 Wedge's Target 🎯.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Blur Analyze ( BLURUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BLUR (Y24.P1.E1).BULLISH MACROHI TRADERS,
BLUR macro structure looks bullish of late, traded it yesterday and got stopped out.
Now looking at it, I have a few levels of interest and targets based on the fibonacci method and cup and handle measured move.
Finding a entrance now will be difficult but I do believe a possible back test to the .2038 fib could be a good entry.
Meanwhile BTC is looking like more lows to come in the coming weeks and many ALTS are undecided for now. So a pullback from BTC will give confidence to long once it gets in the realm of the 30k range.
That might mean the likes of BLUR is also buying the dip, just maybe.
For now, this could be a short term shorting position while BLUR looks for the UT phase of the wyckoff reaccumulation phase.
All the best,
S.SAri
BLUR / Horizontal Resistance BreakoutBLUR/USDT is breaking horizontal resistance...
....................................................................................................................
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.