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BLUR / TetherUS

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BLURUSDT trade ideas

Strategic Short Setup on BLUR: Confluence with Bitcoin and CorreThe cryptocurrency BLUR has showcased a notable confluence with Bitcoin, highlighting a significant parallel in their market trend behaviors. Through our detailed Smart Money GF1 analysis, we've identified that BLUR is currently in a correction phase, as evidenced by reaching the target of a descending wedge - a well-established concept in classical technical analysis. This scenario suggests a trend towards retracement to the previously outlined levels, reinforcing the notion that markets operate in cycles of highs and lows — a reminder that assets do not ascend indefinitely, nor do they fall forever. This perspective provides a solid foundation for considering a short operation, anticipating future movements based on technical patterns and in-depth analyses. 🚨 Investment Disclaimer Alert: It's crucial to understand that all market operations carry risks, and the information provided here does not constitute financial or investment advice. This analysis is presented with the aim of sharing insights and interpretations based on technical analysis methodologies. Investors should conduct their own research and consider consulting a financial professional before making investment decisions. Past performance is not indicative of future results, and we are not liable for any losses or damages arising from the interpretation or reliance on these analyses. Investing in cryptocurrencies involves a high degree of risk and should be approached with caution. 📉🚀🔍💼
Short
by GARIENF1
BLUR/USDT | 1W 👀The coin has provided a secondary impulse with huge buying volumes, leading to the formation of a clear resistance zone. I've placed a couple of limit orders for purchase, anticipating reaccumulation in the higher accumulation range and subsequent breakout. - Not financial advice, trade with caution. #Crypto #Blur #Investment #BLUR ✅ Stay updated on market news and developments that may influence the price of Blur. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Blur #Investment #BLUR
by Nyskohuz
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.
Long
by CRYPTOMOJO_TA
BLUR Bull Move Is Not More Blur. Is Clear Now## BLUR Coin: Fundamentals, Recent News, and Disclaimer **Disclaimer:** I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions. **Fundamentals:** * **Blur (BLUR)** is the native token of Blur, an NFT marketplace focused on professional traders. * Launched in October 2023, it utilizes on-chain and off-chain elements for faster transactions and lower fees. * Key features include private bidding, batch listing/buying, and NFT sweepers for advanced trading strategies. * Total supply: 3 billion BLUR, with 700 million distributed to the community through rewards programs. **Recent News:** * **Season 3 Rewards launched:** Blur recently launched season 3 of its rewards program, distributing BLUR tokens to users who trade on the platform. * **Partnerships announced:** Blur has partnered with several NFT projects and wallets, including LooksRare, OpenSea, and MetaMask. * **Trading volume growth:** Blur has seen significant growth in trading volume, surpassing established platforms like OpenSea on certain occasions. * **Price volatility:** The BLUR token price has been volatile, reaching a high of $3.88 in February 2024 and currently trading around $0.60. **Additional Information:** * Blur is still a relatively new project and faces competition from established players like OpenSea and LooksRare. * The NFT market is inherently volatile, and the BLUR token price could fluctuate significantly. * It is important to carefully consider your risk tolerance before investing in any cryptocurrency. **Please note:** * This information is for informational purposes only and should not be considered an endorsement of BLUR or any other cryptocurrency. * Investing in cryptocurrencies carries inherent risks, and you could lose all or part of your investment. I hope this provides a short, factual overview of the BLUR coin, recent news, and a disclaimer. Remember, doing your own research is essential before making any investment decisions.
Long
by MoonTradingForecast
BLUR - NO CONTEXT - A NEW POTENTIAL HIGH AFTER THIS LAST RETRACE Looks like OKX:BLURUSDT is forming a Flat formation and on this particular scenario it is presumed to be a RUNNING FLAT to be precise which will drive price to at least $0.5000 and can go further down to $0.4700. The other sceanrio makes it a EXPANDED FLAT which brings more deeper retracement to $0.3900 The invalidation level is clearly on the chart. For all this to be valid price must not touch that level (red dotted line)
Short
by DewyCandles
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!
Short
by TopgOptions
5
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
by behdark
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.
Long
by MyCryptoParadise_Simon