BLUR 22522Testing a resistance level. Needs to pop up above 90 cents and hold this to remain bullish in the short/mid term. Looks fine right now. The only ones hurt are those that fomod in at higher levels (with leverage)
Not sure how the supply doubling will play out with Season 2 distribution. I do expect some sell off as another batch of 300 million comes on to the market.Range of 75 and 1.20 and even so the down trend has not confirmed over. Volume continues to fall as the sell off reaches . The big question is how high will it go once Bitcoin pops back to 25k
Dune stats show 117,000 addresses claimed, with 78% having already dumped and 17 percent have done nothing
I am part of that 17 percent. Not for any particular reason either.
BLURUSDT trade ideas
BLURUSD Daily S/R| POC| Range Low| Price ActionEvening Traders,
Today’s analysis, BLURUSDT, trading towards its range low, holding and consolidating will be a bullish sign,
Points to consider,
- Price Actin Corrective
- Daily S/R Support
- POC S/R Support
- PA Rotation
BLURUSD’s immediate price action is corrective and is at an area that has technical confluence with the .618 Fibaoncci, POC and Daily S/R, allowing for a bullish bias.
Consolidating and creating a bottoming structure will be a sign of strength, this has yet to be produced.
Overall, in my opinion, BLURUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
Blur completed 0.5 retracement, seeking for ATHFully Diluted Market Cap of blur coin is ~$3b while its major competitor Openseas had a valuation $13.3b. (source: www.artnews.com)
As the majority has an interest and begin to find out blur's value, i do think that blur is able to start another bull run in the next few weeks/ months.
Maybe we are forming a Rising Wedge?Hello folks!
I hope everyone is doing well.
So, continuing the patterns that is forming, unfortunally it is tending to a Rising Wedge, but we still have a chance to get a positive patterns.
If we get a positive patterns, could make a profit of 30%.
If we get a Rising Wedge, we will have the first resistance at 0.85 and below that the second resistance at 0.55.
Let´s see how this happens and don´t forget to make a safe trade.
Thanks,
H.M.
Which Patterns will form?Hello guys!
Unfortunally we don´t have as much data as needed to do a properly analysis. But in my point of view, we have two ways patterns to go.
Following the skimming, we could have a positive view that could achieve 30% of profit, at least the mark nominated by 5 (in green). However, we could get some rising wedge, that could lead us back to 0.80-0.85.
Let´s see how the things will turn.
Trade safely.
H.M.
*Sorry for my English* :)
BLUR 21723Still not much data . Springing off this sub 90 cent area I would like to see it hold here and punch back above 1 dollar. Further consolidation above 1 dollar I will get mega bullish short / mid term. Long term it likely makes big moves as it increases its value capture and partnerships. They had some great marketing and many more will join on and adopt Blur. Opensea Dominance will continue to plateau and decline. Too many fees. Other marketplaces are trying to become relevant once again tho I dont have much hope for x2y2 and Looks tokens. For now run with the Blur momentum and if it begins to wane, hit the register. FREE MONEY
BLURRRRRRR Stimulus
TY BLUR
BLUR21423If you were not participating in life changing wealth exercise. You need to get on it. So many of us made incredible amounts of money. Easy high 4,5 and 6 figure airdrops
More will be coming. Supply is going to be the issue with this one longer term.
My idea is a run something like Uniswap. First impulse, looking strong with alot of interest. Lets see how it handles the 1 dollar level first and get some more data. However, I would not be looking to buy this thing. EARN IT. It doesnt take much liquidity either. Just some time to put in the learning. This is probably a bottom signal if I have seen one. They would not have launched it at an inopportune time.