BLUR 1D. New Opportunities: My Updated Spot and Futures 12/16/24We’ve already hit previous targets for our futures position, and now I’m considering re-entering both spot and futures trades.
During the correction, the support level at $0.2920 was once again held, signaling strong bullish sentiment among buyers. This strength likely indicates further price growth ahead.
Here are my updated targets: $0.5827, $0.7328, $0.8341.
My forecasts aren’t rules — they’re my personal strategy and trading journal. What you do is your decision!
DYOR.
Blur
#BLUR/USDT#BLUR
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 0.3280 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend that has been broken
Entry price is 0.3337
The first target is 0.3784
The second target is 0.4096
The third goal is 0.4482
#BLUR entry range (0.1443 - 0.1508 ) SL .4H close below (0.1399)#BLUR
entry range (0.1443 - 0.1508 )
SL .4H close below (0.1399)
#BLUR
#BLURUSDT
#BLURUSD
#swingtrade
#shortterminvestment
#ALTCOIN
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
#Investing_Coins
#Investingcoins
#Crypto_investing
#Cryptoinvesting
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR ****
#bitcoin
#BTC
#BTCUSDT
BINANCE:BLURUSDT
#BLUR 1D: Retest or Rally – Setup Inside! 11/25/24The Blur token (BLUR) is the primary cryptocurrency of the Blur Network, a platform designed to provide private and secure transactions with a strong focus on user privacy.
Here’s how I see it: ready for a retest and then a move higher. It might even go higher without a retest.
Setup on the chart.
DYOR.
BLURUSDT🔍 BLUR/USDT Analysis: Key Dates for Strategic Moves 📉
The BLUR/USDT chart highlights important upcoming dates where price movements may present trading opportunities:
• August 26, 2024, September 14, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn.
• September 2, 2024 - Green Line: This date indicates a potential local low, offering favorable conditions for accumulating BLUR or entering long positions.
By aligning your strategy with these key dates, you can better position yourself to capture gains and manage risk effectively in the BLUR market.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
Is it an application chain or a new staking trap? ---- BLURSuch as RST protocol, BTC Layer-2, BLAST, etc., more and more activities of staking to obtain points are appearing in the market. However, after participants obtain the airdrop, they will find that the value brought by the airdrop is often difficult to cover the depreciation of the token during the lock-up period. From a protocol perspective, we believe that staking with application scenarios such as EigenLayer are meaningful. But staking for airdrop points is just locked farming.
Recently, BLAST conducted a TGE and airdropped tokens. Compared with BLAST, DYDX, which also upgraded the protocol to an application chain, did not introduce new tokens and did not lay out airdrop traps. The upgrade is just for a better user experience. After BLAST promoted interest-earning assets in the early stage, it almost focused on the airdrop expectations brought by the staking, which is the same as many BTC Layer-2.
So, money comes, money leaves. When BLAST conducted a TGE on June 26, a large amount of unlocked BLUR turned into selling pressure. Of course, maybe BLAST Pro is on the way, and you only need to stake BLAST to get new points.
Back to our indicators. We can see that the TSB indicator performs almost perfectly on BLUR. Take away both the rising and the falling gains. BLUR is still in a bearish trend at the moment and has seen a clear decline with heavy trading volume after the TGE, which will act as short-term resistance.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
#BLUR/USDT#BLUR
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.2300
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.2500
The first target is 0.2967
The second target is 0.3300
The third target is 0.3700
BLUR is still bearishThis analysis is an update of the analysis you see below in the "Related Ideas" section
In the previous analysis, we identified a falling triangle for BLUR
The E wave of this triangle has just finished and the main drop for the new pattern can start around here.
Considering that our triangle is a counter, the upcoming drop looks very heavy.
By maintaining the specified supply, it can move towards the targets.
Closing a daily candle above the invalidation level will violate the analysis
invalidation level : 0.4662
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
BLURUSD - Falling WedgeThe down period for BLURUSD has allowed a falling wedge to form
Along with a strong support level being hit in green circle this is a candidate for a reversal point
Blur has performed really well in the NFT space and I expect this trend to continue.
See if a bull move comes once the dashed green line is hit.
BLUR/USDT Bullish Horizon from demand? What next 👀🚀💎 Paradisers, turn your attention to #BLURUSDT as it exhibits a promising potential for a bullish reversal from the demand level at $0.4413. Should it sustain momentum here, there's a strong likelihood of initiating a bullish advance, with aims to breach the supply zone and target our outlined strong resistance area.
💎 Notably, #BLUR has recently escaped a descending channel, signaling the beginning of a bullish trend. It is currently regathering strength at the demand level, which serves as a supportive base, enhanced by its position above the EMA—a factor that bolsters our optimism for an impending ascent following brief EMA interactions.
💎 Detailed analysis of the VRVP indicates substantial volume at this level, enhancing the probability of continued upward movement. However, vigilance is essential: if the price fails to maintain this level and falls below the demand, our attention will shift towards a bullish recovery from the next key demand and FVG area at $0.3632. Breaking below this level could challenge the bullish perspective, potentially leading to extended price declines.
💎 As always, employing wise trading strategies and establishing precise stop-loss measures are imperative. Stay vigilant and keep an eye on further market developments and insights.
MyCryptoParadise
iFeel the success🌴
BLUR/USDT falling wedge near to breakout? 👀🚀BLUR analysis💎 Paradisers, take note as #BLURUSDT is showing signs of a breakout from a falling wedge, signaling a strong possibility of a bullish trend. Currently, the 21-day moving average is acting as resistance.
💎 Upon close examination, we've noticed that the Bollinger Bands are tightening, which typically increases the likelihood of an upward move. If SEED_DONKEYDAN_MARKET_CAP:BLUR successfully breaks out from the falling wedge and maintains its momentum, there is a high probability it will embark on a bullish path to overcome our specified resistance level.
💎 However, considering the inherent volatility of the market, if #BLUR fails to sustain its momentum and falls, this could indicate a weakening of the bullish stance, potentially leading to a significant price drop. Under such circumstances, we might expect a bullish rebound from the lower, strong demand level at $0.3214, though a break below this level could lead to considerable downward movement.
MyCryptoParadise
iFeel the success🌴
BLUR target $812h time frame
-
BLUR maintains downward trajectory since hitting $0.8, also formed a neckline that would be the critical resistance in future. However, BLUR is probable on a correction wave, also called Elliott 2nd wave, if we take a step back and look at the bigger picture. Current pullback is approximately 60%, that is still acceptable because just got support from 0.382 Fibonacci projection. The further potential upside momentum is made of Elliott 3rd wave and 1.382 Fibonacci projection level, would fly BLUR to go over $1. Moreover, once we take mc into consideration, current cap is around $640 million, this is a small size until reaching $20 trillion, this space provides BLUR lots possibility to spark in future.
-
Bull target: $8~$12
BLURBLUR is a specialized cryptocurrency catering to the NFT marketplace, providing a decentralized trading platform designed to enhance liquidity and trading experiences for NFT collectors and traders. BLUR aims to integrate unique features such as bulk bidding and portfolio analytics, which differentiates it from other players in the NFT space.
Considering BLUR's strategic position in the NFT market and its recent performance, the next price targets for BLUR could be set at $0.60, $0.72, and $1.20. Traders looking to leverage this upward trajectory might consider taking a position now. This trade idea capitalizes on the ongoing expansion and innovation in the NFT market and BLUR's role within it.
BLUR UPDATE (12H)This is an update to the analysis you see in the "Related Ideas" section
From where Start is written, a new pattern was formed.
In the previous analysis, we considered this pattern to be diametric, but according to the signs, it appears to be a triangle.
Now we seem to be in wave C of this triangle.
This is the path we are considering for BLUR
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/USDT#BLUR
The price is moving in a bearish flag channel on a 12-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 0.55.
It used to work as resistance before and now it works as support
We have a trend to rise above the Moving Average 100
The RSI indicator has a downtrend that is about to break higher
Entry price is 0.5824
The first target is 0.6244
The second target is 0.7029
The third goal is 0.7929
BLUR target 1.2554h time frame
-
BLUR is creating a big head and shoulders, and breaking out the short-term downtrend line so far. Neckline of HS is around 0.834, that is the critical resistance for BLUR to make further crazy pump. Entry after neckline got breakout doesn't provide that great RRR as current entry.
-
TP: 1.255
SL: 0.363
BLUR - A blurry trade and decent opportunity BINANCE:BLURUSDT (4H CHART) Technical Analysis Update
BLUR is currently trading at $0.6676 and showing overall Bullish sentiment
Price currently broken out from the resistance line. the next target is around 0.75 which is our exit price.
Entry level: $ 0.6479 - 0.6677
Stop loss level: $0.5604
Target 1: $ 0.6940
Target 2: $ 0.7361
Target 3: $ 0.8270
Target 4: $ 0.9326
Max Leverage: 2x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
BLUR looks bullishFrom where I wrote start on the chart, a bullish branch has started, which looks like a diametric.
It seems we are now at the end of wave D of this diametric. If the price reaches the green box, we will enter the buy/long position.
The E wave can advance even up to TP 2.
Closing a daily candle below the invalidation level will violate the 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