BLUR: Good Potential Bounce

BLUR:
Good potential bounce from the 76 region.

Target One: .88

Enter: .76 region

Stoploss: .72

Trade closed: target reached

There were 2 opportunity to enter in at 76 region.
TARGET ONE: hit!
Closing at: 89

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Just sharing thoughts on current movement. If market get worse BLUR could test the .72 region if .76 area doesn't hold. Below that we got soft support at .63 region.

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SHARING MY THOUGHTS: Currently some sort resistance at 73* range. The idea is to reclaim .76* range and can make another play at it.

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More thoughts: Another soft support at .60* and anything below .58 range, will lead us into price discovery but not in a good way. *There was a bearish candle that touched .40 on day 1.

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Thoughts: You see this .40 looking closer

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Some thoughts: I see a resistance around .7170 range. We could bounce a little around the .67 range (saying this premature, only because there is some sort of support/resistance there). If things go south a retest of the .55 range. Ultimately we want to get above the 73 range.

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Currently thoughts: Looks like Blur wants to touch 4690* range, even a wick down to .4480* range IF the market continues to FUD itself. Great buy in these ranges for short trade.

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Thoughts: Hopefully we can push and stay above .58 to keep momentum positive. With market in our favor and more time, we can tap .65 resistance (a candle close above this, flips it to support).

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Thoughts: Its pushing and trying to make an attempt as we speak

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Quick Thought: With CURRENT market ranging, I can see BLUR touching the .51 range... IF BTC decides to do a retest, we could get the .46 range.

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Thoughts: 12 hrs later, we got the .51 range. Now, let see if the market can stabilize here if not bring the .46 range.

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Some thoughts: Were still here at the .51 range. Looks like .54 range is a solid resistance.

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Thoughts: Reverse read some of my comments to see above resistance.

simply_charles

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