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BLUR / TetherUS

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BLURUSDT trade ideas

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
✴️ Blur Uptrend & Bullish Zone (190% Easy + 420% Long-Term)Blur has been moving within a very strong uptrend since late October 2023, it has been printing higher highs and higher lows non-stop... Only recently we saw a small retrace when this pair challenged EMA50 as support. It did move below EMA50 on a wick but the session closed higher (18-Dec) and now we are witnessing a resumption of bullish growth. Support tested and holds. On the chart we have a bullish zone and a bearish zone. ➖ The bearish zone activates when BLURUSDT enters the smaller cup territory. ➖ The bullish zone is active when BLURUSDT trades above the top of the bigger cup. We can expect more and higher as long as the bulls remain in control. ✔️ On a drop, we would get a higher low. This pair and other Altcoins are set for sustained, long-term growth. ✔️ Higher highs and higher lows. Namaste.
Long
by AlanSantana
2
🚀 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
BLUR - Fakeout below descending channelAllow me to share the exhilarating journey of BLUR, the budding cryptocurrency on Binance. Despite its nascent presence, BLUR has orchestrated a bullish symphony that echoes the proper way to ascend, shooting straight for the moon! 🌕 Navigating the Abyss: A Strategic Shakeout Descending Channel Tactics: BLUR engaged in tactical trading within a descending channel, setting the stage for a powerful move. A deliberate shakeout beneath the lower boundary provided the coin with ample fuel and strength for the ascent. Launching into Space: True Breakout Manifested The strategic shakeout was followed by a genuine breakout, soaring above the upper boundary of the descending channel. This breakout signifies a robust and bullish movement, suggesting potential gains. Experiencing True Bullish Momentum Early Glimpse of Bullish Prowess: BLUR, in its early days on Binance, has already demonstrated a commendable ability to showcase bullish momentum. The breakout from the descending channel serves as a testament to the coin's strength. Immediate Growth Trajectory: The trajectory indicates an immediate growth potential, positioning BLUR as a cryptocurrency to watch in the market. Strategic Insights: BLUR's journey is a compelling example of how strategic maneuvers within a descending channel can set the stage for true bullish movements. As the coin breaks free and charts its course towards the moon, traders and investors should keep a keen eye on potential entry points to ride the anticipated bullish wave. Embark on the voyage wisely, 🚀 ❗️Unlock exclusive insights! Claim your 3 crypto trading indicators for FREE! Link below 🔑
by AlexWhale
BLUR will continue to rise based on the double bottom structure➡️I found a small double bottom bullish structure here yesterday and chose to buy and go long. I am very happy that the market has developed as expected. After we break through the turning point, it means that a larger double bottom structure has been established. My idea in this transaction is to enter the market with a small cycle structure, and then play the goal of a large cycle structure. 🧠 🧠We currently have completed the ideal goal of the small cycle structure and the conservative goal of the large cycle structure, so it is completely reasonable to stop here to digest this rise, and we have also reached the resistance zone, and only after a healthy adjustment can it break out again.🚀 😂Of course, I also hope that it can go directly to the moon without making adjustments like ORDI. Of course, this is just a joke. Hopefully it will develop as expected.🙏 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
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