BLUR target $812h time frame
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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.
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Bull target: $8~$12
Bluridea
#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
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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.
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TP: 1.255
SL: 0.363
BLUR---->Long (but What's Next Move?)Hello to all
Regarding the Todays Sharp movement, it seems that the general view of BINANCE:BLURUSDT.P is very bullish , but after such a movement, it is not out of mind to expect a correction of 20 to 50% at most .
In my personal opinion , the price in this trend will not have the necessary momentum to break and cross the $0.45 range , and the price correction will start after the price is rejected from the $0.45 area.
And it will continue until the price of 0.3$ and maybe even more intense up to the area of 0.2$ .
And after that, we can expect the start of the next price rally towards the points indicated in the chart, especially $0.55 and $0.9 .
My Personal setup :
Entry 0.3$ - 0.22$
TP 0.55$ - 0.77$ - 0.9$ - 1.2$
SL under 0.20$
Also, if the price breaks out from the yellow line, we will have a good position to enter and profit from higher targets:
Entry 0.45$
TP 0.9$ - 1.2$
SL Bullish Trend End Confirmations!
BLUR target 1.24h time frame
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BLUR is creating a small diamond structure during increasing way. Diamond is a netural structure that doesn't tend to be pump or dump; however, BLUR is getting support from the uptrend line of this diamond, and almost complete the retest of cup and handle, all signs show current support is effective.
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TP: 1.2
SL: 0.63
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 in long-term over view more gain 💣🚀Hello 🐋
Based on the chart, the price is close to the support area and channel support, besides there is possibility of retest to triangle pattern ✔️
if
the price doesn't break the support zone to the downside, we can see more gain in long term 💣🚀
otherwise
we can see more correction ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋