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Blurusdtrading

#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
Long
by Crypto_alphabit
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
Seizing Bullish Momentum: #BLUR/USDT Technical Breakout! Certainly! Let's break down the provided information about trading the #BLUR/USDT pair: Technical Analysis: Pattern Identified: A bullish flag pattern has been identified, suggesting a potential upward movement in the price of #BLUR/USDT. Breakout Confirmation: The price has broken out of the bullish flag pattern, indicating a bullish trend. Retest: The market is currently undergoing a retest, which is a common occurrence after a breakout. This retest serves as confirmation of the pattern. Entry Point: Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the ongoing bullish momentum. Potential Additional Entry: Be prepared to add more positions if the price drops to $0.523, using this level as a strategic buying opportunity. Target Prices: Set specific target prices at $0.65, $0.72, $0.8, $0.91, and $1.05. These levels represent potential profit-taking points as the price moves upward. Stop Loss (SL): To manage risk, set a Stop Loss (SL) at $0.496. This level is chosen to limit potential losses in case the market does not move as expected. Leverage: Consider using leverage in the range of 5x to 10x. Leverage amplifies both potential profits and potential losses, so use it cautiously and in alignment with your risk tolerance. Risk-Reward Ratio (R:R): The Risk-Reward Ratio is mentioned as 1:6. This means that for every unit of risk (1), there is the potential for six units of reward. A higher R:R ratio is generally considered more favorable for traders. Cautionary Note: Emphasizes the importance of using leverage cautiously and aligning it with individual risk tolerance. The suggestion is to use leverage conservatively to minimize the risk of substantial losses. Reminds traders to conduct their own research (DYOR) before making any trading decisions, as the information provided is not financial advice. In summary, the recommendation suggests a bullish stance on #BLUR/USDT based on the identified pattern and breakout. It provides specific entry points, target prices, and a risk management strategy, while also urging traders to exercise caution, especially with leverage, and conduct their own research.
Long
by CRYPTOMOJO_TA
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
🚀 BLUR/USDT: Bullish Move Loading! 📈🔍 I have been closely monitoring BLUR/USDT for the past two weeks, and I am now 90% confident that a bullish move is on the horizon! 📈 We can anticipate a potential surge of 30-60% in the coming days. Let's stay tuned and observe the exciting developments in this trade! 💪 Disclaimer: ❗️ This information is based on personal analysis and is not intended as financial advice. Always conduct thorough research and consider your own risk tolerance before making any trading decisions.
Long
by Crypto-By-Ghazi
1
BLURUSDT - W1\D1BLURUSDT W1 - The price has corrected by 50% from the impulse of the 1st wave, which may lead to continued upward movement in the near future. D1 - To consider buying, the price must form a 3-wave structure and, upon breaking through the high of the 1st wave, continue moving to the levels of 0.8447. You can also consider entering when the price fixes behind the trend line. What can you expect? The price may continue to move in a downward channel, and you can also consider entries with a short SL to work in the channel. For purchases: You can consider entering when the price fixes behind the trend line with further movement towards the targets 0.8447 - 1.0200 Long Target 0.5653 - 0.6865 - 0.8447 - 1.0200
Long
by Trade_Hive_Signals
BLURUSD: Strong bullish breakout over the Falling Wedge BLURUSD crossed today not just over the 1D MA50 for the first time since July 14th but more importantly the top of the Falling Wedge pattern that has never been broken in its history. This turned the 1D timeframe technically overbought (RSI = 70.700). Since however the 1D MACD is on a Bullish Cross under the 0 neutral level, which means that it was massively oversold for a long time and the 1D RSI itself is on a massive Bullish Divergence, we may not see a pullback just yet. It is more likely to hit the 1D MA100. A candle close over it, will be the bullish entry to look for for the medium term. Target the R1 level (TP = 0.39500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BLURUSDLong
by InvestingScope