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BLURUSD

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
Short
by behdark
#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
Long
by CryptoAnalystSignal
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
Long
by EthanTW
4
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.
Long
by icordkaz
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
by behdark
#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
Long
by CryptoAnalystSignal
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
by behdark
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!
Long
by thegreatoneinthemetaverse
2
BLUR Cryptocurrency potential Sell-Off soon!BLUR serves as the governance token for Blur, a non-fungible token (NFT) marketplace and aggregator platform. BLUR Market Cap is $813Mil BLUR Fully Diluted Market Capitalization is $1,96 Billion! 49.46M $BLUR(about $32.50M) was unlocked yesterday and they will be unlocking more coins next month! I have a rival to study for comparison, Rarible and its token RARI. Rarible operates as an NFT marketplace and issuance platform with a focus on empowering creators. The platform leverages the RARI token to reward users engaged in active interactions with the protocol. RARI Market Cap is $32Mil RARI Fully Diluted Market Capitalization is $35Mil! In 2021 RARI was trading at $63.53 and its fully diluted Mk cap was $1.57 Billion! Sounds familiar? Then the DILUTION started! And now is trading 45X lower, at $1.4! In case it will follow RARI`s rule, my price target for BLUR is $0.015. Now it`s trading at $0.657!
Short
by TopgOptions
5
What is BLUR's next move?We have identified an A wave and a large B wave on the chart. From where we have entered on the chart "START" our big B wave has started Wave B appears to be a rising diametric, with only its final wave, the g wave, remaining. In the green range (flip), you can look for buy/long positions. We have specified the targets on the chart. Closing a daily candle below the green range will violate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
BLUR / Horizontal Resistance BreakoutBLUR/USDT is breaking horizontal resistance... .................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
BLUR Consolidating For Next Leg$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
Long
by cryptovatsik
3
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.
Long
by meloneusk