Blur future is still darkness! Short will win?I have looked at a lot of exchanges and found that most of the blur trading is done by bots. Very few transactions made by real buyers ❗️
Indicators show that many #blur tokens are selling strongly and showing no signs of stopping. Selling pressure from whales and the team is causing #blur to drop on a daily basis. The number of private wallets holding #blur on etherscan is decreasing and the amount of blur on the exchange is increasing (OKX with 143 million blur) indicating a sell-off. I can't predict how the price will drop when the season 2 airdrop ends.
Regarding the project, blur is just reward tokens and has no value in the protocol. People get blur rewards for participating in NFTs trading using ETH. The more they trade, the more #blur will be received leading to hyperinflation for #blur tokens. At this point you clearly see the future of #blur.
This is just my personal opinion and not investment advice
BLURUSDT trade ideas
BLUR/USDT Bullish Rally 👀 🚀 BlurToday analysisParadisers, take note! BLURUSDT is finally poised for an intriguing move, currently trading in a demand zone and showing signs of upward momentum👀
💎 Interestingly, while the price of Blur has been trending downward, the MACD indicator is pointing upwards, signaling a bullish divergence and hinting at a potential upward shift.
💎 Above, there's a well-defined supply zone and an unaddressed bearish price level. We anticipate that the price will likely reach this zone soon.
💎 However, keep a close watch on the .1816 key support level. If the price breaks below this, BlurUSDT could present an excellent shorting opportunity, potentially dropping to .1512.
Keep your charts updated and stay tuned for more insights! 🌴
BLUR Talk to me LiKE Lovers doDid you guys miss me, chaos the shitcoin specialist, blur consolidated on the last line of support on the 1 hr, This support level holding since June the 16th.
Friday June 30th, it broke and reformed forming a bullish harmonic pattern, at least an 11% move. My entry 0.3325, at least a 11% move.
If you guys want too know what shitcoin I am looking at before I post just message for my entry, and ill tell you what I am looking at and the entry
BLUR LONG TERM GOAL | Short position Blur is facing a significant challenge with its massive inflation. Blur farmers are actively farming tokens every second, resulting in a continuous influx of new tokens into circulation. This surge in token supply has created a substantial sell pressure on the market. On June 14, approximately 191 million tokens were unlocked, further exacerbating the situation. Additionally, the vesting schedule distributes about 943,000 Blur tokens daily, allowing the teams, early investors, and core contributors who acquired tokens at a very low price of $0.02 to profit significantly (x17).
When examining the price movements of Blur in relation to Bitcoin, it becomes apparent that there is a correlation. Both experienced a pump, with Blur rising from $0.34 to $0.39. However, the heavy selling from the team, early investors, and core contributors caused a sharp drop back to $0.34, where the price has since stagnated. This pattern indicates that every time Blur follows Bitcoin's upward trend, selling orders promptly emerge, impeding its growth potential.
Given the upcoming airdrop season 2, it is reasonable to anticipate further challenges. Therefore, it is crucial for individuals who are new to Blur to exercise caution and refrain from buying or holding the token. The risks associated with Blur's current circumstances are significant. It is advisable to explore other projects with low inflation rates and favorable tokenomics. Remember to conduct your own research (DYOR) to make informed investment decisions. Please note that this analysis is not financial advice but serves as a reminder to evaluate the situation critically.
BLUR long term goal | SHORT POSITION Blur is facing a significant challenge with its massive inflation. Blur farmers are actively farming tokens every second, resulting in a continuous influx of new tokens into circulation. This surge in token supply has created a substantial sell pressure on the market. On June 14, approximately 191 million tokens were unlocked, further exacerbating the situation. Additionally, the vesting schedule distributes about 943,000 Blur tokens daily, allowing the teams, early investors, and core contributors who acquired tokens at a very low price of $0.02 to profit significantly (x17).
When examining the price movements of Blur in relation to Bitcoin, it becomes apparent that there is a correlation. Both experienced a pump, with Blur rising from $0.34 to $0.39. However, the heavy selling from the team, early investors, and core contributors caused a sharp drop back to $0.34, where the price has since stagnated. This pattern indicates that every time Blur follows Bitcoin's upward trend, selling orders promptly emerge, impeding its growth potential.
Given the upcoming airdrop season 2, it is reasonable to anticipate further challenges. Therefore, it is crucial for individuals who are new to Blur to exercise caution and refrain from buying or holding the token. The risks associated with Blur's current circumstances are significant. It is advisable to explore other projects with low inflation rates and favorable tokenomics. Remember to conduct your own research (DYOR) to make informed investment decisions. Please note that this analysis is not financial advice but serves as a reminder to evaluate the situation critically.
BlurNews on June 14th, according to Lookonchain monitoring data, or worried about the upcoming huge BLUR unlock, the two addresses sold all Blur positions at a loss, of which: the address starting with 0x705d sold 101,796 BLUR (about 32,500 US dollars), a loss of 68% (approximately US$68,000); the address starting with 0x568e sold 194,040 BLURs (approximately US$61,000), another loss of 51% (approximately US$62,000), and a total loss of approximately US$115,000 on BLUR. At 02:00 on June 15, Blur will unlock 195,999,999.97 BLUR, worth about $62.64 million, accounting for 6.533% of the total supply.
#analysis 104 - Sweeping with Exiting on SupplyWhile preparing the weekly report for the @DATraderAssociation at their platform DA Studio , I noticed a distinctive pattern developing in the lower range of the chart. Accompanied by decreasing trade volume, I made a strategic decision to invest in $BLUR via left-hand trading.
Fortuitously, following a brief period of market consolidation, the price of $BLUR began to rise. To secure a satisfactory profit margin, I reduced my position when the asset reached the supply zone. Subsequently, the price failed to achieve another peak, leading me to close out the remainder of my position.
BLURThe price is forming a descending triangle pattern. The upper boundary of the triangle aligns with the resistance of the daily 50 MAs and the Point of Control (POC). The price may test this resistance in the near future. The RSI indicates a strong level of oversold conditions on the weekly timeframe.
blur 1 hr time frame strong bullishhello friends
today i find blur analysis for strong bullish pattren as per elliot wave theory
coming hours wave 3 formed and blur tweet based it will work on
binance tommorrow list blur in spot market it will boom
thanks and regards
please commend bleow if any thinkg wrong
BLUR/USDT Technical Bullish Chart Analysis #BLUR/USDT Technical Analysis
- BLUR is currently trading at $0.70, up 15% within 24 hours.
- After analyzing the chart, BLUR appears to have strongly bounced from the trend line support, indicating a potential bullish trend.
- Therefore, we recommend respecting this trend line and considering an entry point between $0.6-$0.67.
- Our suggested price targets for BLUR are $0.81, $0.98, and $1.31, with a stop loss at any 4H candle close below $0.58.
- It is crucial to use a stop loss, as it acts as a seat belt to protect your investment.
- Key support levels for BLUR are $0.62 and $0.59, with resistance levels at $0.81, $0.98, and $1.31.
Happy trading!
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BLURUSDT, a NFT collection. key zones to watch 👀 updateHello guys, Everything is explained on the chart for you like always. Blur as a newcomer in crypto currencies which I think it has a lot of growth potential in next market's bull run and certainly high risk ( NOT financial advice ).
After a sharp correction, I expect the price to reach the demand zone 0.55-0.6$ which will be good to buy. You can keep that in your watchlist.
Good luck.
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Write your comment and opinion below to me
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Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. blur yek arz jadid dar bazar crypto hast dar zamine NFT va mitoone petansiyel ziyadi baraye roshd dashte bashe va hamchenin risk bala ham dare. (tosiye maali nist). baad az yek eslaahe sharp man entezar daram ke gheymat be noghte morede taghaza berese 0.55-0.6$ ke noghte kharide khoobi khahad bood. mitoonid tooye watch lsitetoon negah darid.
moafagh bashid.
like va follow faramoosh nashe :)
Possible new bullish channel on blur (still needs correction to "Possible new bullish channel on blur (still needs correction to make sense)"
if the price loses strength in the region where it is now, it is likely that this channel will be respected (buys in the lower quarter when there is confirmation of a rise)
if you believe in an explosive rise (which is very likely given the current situation of ETH which is on a free path to rise) it is worth entering for a breakout of the close of the last candle on the weekly chart with a stop at the low (for a larry willians, respecting the limits of your risk management)
BLURUSDT, a NFT collection. key zones to watch 👀Hello guys, Everything is explained on the chart for you like always. Blur as a newcomer in crypto currencies which I think it has a lot of growth potential in next market's bull run and certainly high risk, ( NOT financial advice ). I think that at this area and prices will be good to buy. You can keep that in your watchlist.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
.
Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. blur yek arz jadid dar bazar crypto hast dar zamine NFT va mitoone petansiyel ziyadi baraye roshd dashte bashe va hamchenin risk bala ham dare. (tosiye maali nist). man fekr mikonam le dar in nahiye va gheymat ha baraye kharid va negah dari khoob hast. mitoonid tooye watch lsitetoon negah darid.
moafagh bashid.
like va follow faramoosh nashe :)