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
BLURUSDT trade ideas
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.
URGENT | Mock Up Price Action for BLUR | Near Term (12H)URGENT | Mock Up Price Action for OKX:BLURUSDT | Near Term (12HR)
- Watching and waiting for THE opportunity to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions / news
Additional Remarks
- Something feels off. This doesn't pass the smell test. Tokens unlocked/available, typically a dump moment, but instead the coin pumps. WHY?
- Digging further, data shows ~84% of tokens owned by whales.
- Light colored rectangles represent logical trader mentality and TA driven smart price points for major FIB and resistance levels to enter short.
- Red colored rectangles represent seemingly impossible price points that I am going to be targeting to enter short.
- The entire setup and feel of this thing, is giving of major BINANCE:TRBUSDT vibes. I'm not taking any chances. Trade carefully everyone, be smart, use the lowest leverage possible and have enough capital on hand to cover rapid impulses upwards that pick up momentum and run away from you in a flash.
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...
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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.
Mock Up Price Action for BLUR | Mid Term (12HR)Mock Up Price Action for OKX:BLURUSDT | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions / news
BLURUSDT LONG POSITIONLONG POSITION
Signal Validity: 7h
Order Price: 0.565
TP: 0.7
SL: 0.4568
Margin: 2% of the capital
Risk/Reward Ratio: 3.47
CROSS 3X-5X
Pay attention to the validity time of the signal from the time of publication. After the end of credit, if the order is not activated, delete the order.
See the results on the channel.
BLUR BreakoutBlur has performed well since Jan 8. retesting support zone at 0.396 couple of times. It has broken out of resistance at 0.54 and flipped it into a new support. Looking at the MACD, we see a bearish crossover coming to it's end, and a bullish divergence; indicating a potential rally up 35-100%
BLUR LONG
In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles.
DAY TRADE: blur/usdt BLUR finally decided to move.
So I am trading BLUR on the 1H timeframe today, I have two profit targets. I will get out with 30-50% at the blue are (which is a daily area) and if we can close above the are, I will take the rest off my profits at the white dotted line which is a weekly resistance area.
DIY. This is not financial advice.
BLUR Consolidating For Next Leg$BLUR
Price action is bullish remaining well above the 100ema and consolidating inside of the local range high/low.
Nothing wrong with this chart, even if we get some volatility over the coming days.
Failed reclaim of the range eq (red zone) for the 3rd time now. I like to see range eq's reclaimed as my version of 'confirmation' before taking an entry, so nothing different with BLUR.
More consolidating would be bullish imo, as we have already reclaimed a major level (green) which should set the base level for our next leg up.
Path on chart for what I anticipate.
Cheers,
Vatsik
Blur Daily Outlook with Probabilistic Key LevelsDate: January 11, 2024
Overview:
BLUR/USDT has shown interesting market dynamics as depicted in the daily time frame. This analysis aims to dissect the price action and indicator readings to evaluate BLUR's current market stance and potential future movements.
Z-Score Probability Indicator Analysis:
The Z-Score Probability Indicator suggests a fluctuating sentiment in the market, with the recent readings hovering around the 0.450025 mark, which traditionally indicates a neutral market condition. This level is seen as neither overbought nor oversold, suggesting that the price is relatively stable with respect to its mean.
Price Channel Analysis:
BLUR's price movement has recently broken out of a consolidation pattern, with a notable resistance level at approximately $0.7202. The price channel formed indicates an overall upward trajectory. A sustained breakout above this level may open the doors to further bullish movements, with the next potential resistance level at $0.9231.
Key Levels to Watch:
Immediate Resistance: $0.7202, which aligns with the recent highs and the Fibonacci level.
Following Resistance: $0.9231, an extension that might act as a target for bullish price action.
Support Levels: Immediate support is found at $0.3959, with further support at the lower boundary of the price channel around $0.1924.
Potential Strategy:
For traders considering a position, the strategy could involve entering long if the price consolidates above $0.7202, using $0.3959 as a stop-loss level. Targets could be set at $0.9231 and $0.8187
Risk Consideration:
As with any trading strategy, it is crucial to manage risk effectively. The current neutral Z-Score reading implies that there could be a period of consolidation before further directional moves, so setting appropriate stop-losses is important to protect against sudden reversals.
Conclusion:
BLUR/USDT is at a potential inflection point, with the recent breakout suggesting a bullish bias. The Z-Score indicates a neutral state, suggesting that traders should seek confirmation in the form of sustained trading above resistance levels. Should the bullish momentum continue, the Fibonacci extension levels provide clear targets for potential profits.
This report is provided for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence and trade according to their risk tolerance and trading strategy.
BLUR BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BLUR symbol.
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 ANALYSISWe have an important and unexploited support range, which seems to be unable to collect strong buy orders until the price reaches this range.
By maintaining the green range, it can give a good upward swing. Place the stop somewhere below the green box.
In this upward trend, the POI range can work well