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
Blurusdsignals
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
BLURUSD First 1D Golden Cross in history formed!Blur (BLURUSD) formed yesterday its first ever Golden Cross on the 1D time-frame as the 1D MA50 (blue trend-line) crossed above the 1D MA200 (orange trend-line). This alone is an incredibly bullish signal and since the price is trading inside a Bullish Megaphone, the ideal buy entry is closer to its bottom (Higher Lows trend-line), namely the 0.5 Fibonacci retracement level. Our target is the 0.85850 Resistance.
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