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BLURUSD trade ideas

BLUR 40% Potential!I like to say that blur is a price action project. Whenever it seems to break a major resistance, It pumps a lot and this time seems no different. A major trend line was just broken and it is showing signs of strength by holding the level above it. As long as we stay above the trend line and inch to the upside, there's nothing stopping me from believing that 40% isn't going to happen besides bitcoin possibly dumping to fill the CME Gap. There are a few other big levels of resistance on the way up but mos of the liquidity will be above the last major high. LETS SEE WHAT HAPPENS NEXT! i]Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
COINBASE:BLURUSDLong
by Navitility
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BLURUSDLong
by TradingShot
1
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
Blur future is still darkness! Who are selling? I have looked at a lot of exchanges and found that most of the blur trading is done by bots. Very few transactions made by real buyers ❗️ Indicators show that many #blur tokens are selling strongly and showing no signs of stopping. Selling pressure from whales and the team is causing #blur to drop on a daily basis. The number of private wallets holding #blur on etherscan is decreasing and the amount of blur on the exchange is increasing (OKX with 143 million blur) indicating a sell-off. I can't predict how the price will drop when the season 2 airdrop ends. Regarding the project, blur is just reward tokens and has no value in the protocol. People get blur rewards for participating in NFTs trading using ETH. The more they trade, the more #blur will be received leading to hyperinflation for #blur tokens. At this point you clearly see the future of #blur. This is just my personal opinion and not investment advice
COINBASE:BLURUSDShort
by Cryptos_Ltc2017
BLUR!! You tell me if this looks like a BUY ZONE!BLUR is currently trading at the bottom of its current range and is holding this support well. I think the most probable price movement is that BLUR goes higher instead of lower. Lets see how this plays out. It's always best to long at the lows of the major range and to make sure you use the right risk management so that you don't blow up your entire portfolio. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
COINBASE:BLURUSDLong
by Navitility
BLUR Great Entry!!BLUR is currently sitting at the lows of the range. It sold off from my previous entry and my stop was hit and that's okay. I only lost 2% on that trade. I'm currently long once again with my position size adjusted for only a 1% risk on this long. It's always best to long at the lows of the major range and to make sure you use the right risk management so that you don't blow up your entire portfolio. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
COINBASE:BLURUSD
by Navitility
BLUR!! This pattern is BULLISH!When looking at BLUR we can see that it is in a tight falling wedge pattern. This is a bullish pattern and usually breaks towards the upside most percent of the time. With this pattern being so tight, I would expect to see a bullish move up within the next 24-48 hours as long as Bitcoin doesn't completely fall off a cliff here. I'm currently long on this trade looking to take profits around $0.40 Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
COINBASE:BLURUSDLong
by Navitility
2
BLUR Project Long Term Goal | SHORT POSITION Blur is facing a significant challenge with its massive inflation. Blur farmers are actively farming tokens every second, resulting in a continuous influx of new tokens into circulation. This surge in token supply has created a substantial sell pressure on the market. On June 14, approximately 191 million tokens were unlocked, further exacerbating the situation. Additionally, the vesting schedule distributes about 943,000 Blur tokens daily, allowing the teams, early investors, and core contributors who acquired tokens at a very low price of $0.02 to profit significantly (x17). When examining the price movements of Blur in relation to Bitcoin, it becomes apparent that there is a correlation. Both experienced a pump, with Blur rising from $0.34 to $0.39. However, the heavy selling from the team, early investors, and core contributors caused a sharp drop back to $0.34, where the price has since stagnated. This pattern indicates that every time Blur follows Bitcoin's upward trend, selling orders promptly emerge, impeding its growth potential. Given the upcoming airdrop season 2, it is reasonable to anticipate further challenges. Therefore, it is crucial for individuals who are new to Blur to exercise caution and refrain from buying or holding the token. The risks associated with Blur's current circumstances are significant. It is advisable to explore other projects with low inflation rates and favorable tokenomics. Remember to conduct your own research (DYOR) to make informed investment decisions. Please note that this analysis is not financial advice but serves as a reminder to evaluate the situation critically.
COINBASE:BLURUSDShort
by Cryptos_Ltc2017
1
BLUR in long-term over view more gain 💣🚀Hello 🐋 Based on the chart, the price is close to the support area and channel support, besides there is possibility of retest to triangle pattern ✔️ if the price doesn't break the support zone to the downside, we can see more gain in long term 💣🚀 otherwise we can see more correction ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
CRYPTO:BLURUSDLong
by MadWhale
1
BLUR growth with Falling Wedge and Inverse H&S patterns🚀BLUR was able to break the upper line of the falling wedge near the 🟢support zone($ 0.56- $ 0.53🟢 with the Inverse head and shoulder pattern. I expect BLUR to start growing again on one of the Fibonacci levels and reach the resistance line. 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.
COINBASE:BLURUSDLong
by pejman_zwin
11
Blur: a Marketplace for Traders!!!👨🏻‍💻Blur is one of the 👀eye-catching👀 cryptocurrencies that has caught a lot of attention lately, so at first better to take a look at how it goes fundamentally. Blur Fundamental Analysis: The recent BLUR token airdrop has given the overall NFT space a fresh breath. Until now, all NFT marketplaces like OpenSea and Foundation have focused on NFT collectors and not the NFT traders. Blur is the first NFT marketplace to focus mainly on traders instead of collectors, providing traders with more data and tools for a better user experience when trading NFTs. The team also released a token called BLUR, and all early users of the platform who traded NFTs on Blur were eligible for the token airdrop, which caused massive hype in the NFT ecosystem. The BLUR token is the governance token for the platform, meaning that holders of the token have a say in platform decisions, such as fee structures and platform upgrades. In addition, BLUR can be staked to earn rewards in the form of other tokens or NFTs. This incentivizes users to hold onto their BLUR tokens, potentially creating upward pressure on the price. --------------------------------------------------------------------------------------------------------------------------------------------- Blur Technical Analysis: Blur was launched in the Coinbase exchange on February 14th, 2023. Since then, it's started to form its corrective move. Blur was moving in a descending channel while forming a zigzag correction about three weeks ago and it could break the descending channel to the up. I expect that Blur faces a pullback to the descending channel or the Fibonacci shown in the chart and then rises. This growth is estimated to be 50%-60% and continues to the 🔴resistance zone($0.895-$0.82)🔴 ahead. 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.
COINBASE:BLURUSD
by pejman_zwin
4