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BLURUSDT trade ideas

Where is BLURUSDT.P heading in future weeks?Hey traders!!! Lets have a look on the BLURUSDT.P chart which is really interesting. -The current price formed a nice falling wedge pattern which if will be broken up, the BLUR can head towards a new highs... -On the other side, if the price breaks the support zone, the BLUR enters the decision zone which means it can turn back and continue in FW pattern or it can breaks the highest low which could lead to change of trend... -I really count on the support zone which could hold the price and go higher... -Good to remind that there is also Golden pocket zone from fib retracement... -When speaking about entry to trade, I am gonna watch for fw pattern or if it fails and the price will go deeper, then another entry point could be the last green support zone... -Do not forget to watch BTC situation :) That is all from me, thank you for your time and good luck in trading!!!
by Dominator_SK27
BLUR: Manipulative Moves ! 🌐📉🚀Today, let's cast our spotlight onto a fresh contender in the crypto arena—BLUR. Despite recently joining the Binance exchange, BLUR has wasted no time in showcasing its distinctive character, creating waves with its unconventional market behavior. Join me as we unveil the stealthy moves of this intriguing newcomer. 🔄💼 Deciphering BLUR's Market Dynamics: New Kid on the Block: Recent Binance Listing: BLUR has recently entered the illustrious realm of Binance, gaining attention for its unique market tactics. Sweep of Low – Market Mastery: Strategic Maneuver: BLUR employs a fascinating tactic known as the "sweep of low," a calculated move to capture liquidity at lower price levels. Ruthless Efficiency: This maneuver can lead to swift market exits for unsuspecting participants, creating an environment where only the vigilant thrive. Strategic Insights and Trading Considerations: Market Caution: Inherent Volatility: BLUR's market behavior suggests a level of volatility that demands caution. Sharp Movements: Be prepared for sudden and sharp price movements, especially during and after a sweep of low. Analyzing the Patterns: Watchful Eye: Keep a watchful eye on BLUR's chart for patterns associated with liquidity sweeps and subsequent price surges. Learning Opportunities: Understanding these patterns may present unique opportunities for traders who can navigate BLUR's market dynamics effectively. Community Vigilance: Stay Informed: Community Awareness: Keep an ear to the ground within the BLUR community for insights and announcements. Dynamic Market: The dynamic nature of BLUR's market requires continuous monitoring and adaptability. Conclusion: BLUR emerges as a unique and enigmatic player in the crypto space, showcasing unconventional strategies and market behavior. Traders and enthusiasts alike should approach BLUR with a discerning eye, appreciating the potential opportunities that arise from its distinctive moves. May your crypto endeavors be as mysterious and rewarding as the journey with BLUR! ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
2
Blur dominate almost 80% of NFT trading volume as activity spikeKey Takeaway i. Blur’s NFT marketplace now holds almost 80% of non-fungible token trading volume as activity in the sector spikes. ii. OpenSea’s NFT market share has declined to a low of almost 17% of total trading volume, according to data from The Block. The NFT market has seen a spike in activity over the past month, with the majority of the increased trading volume occurring on the Blur marketplace. According to The Block's Data Dashboard, November saw $605 million in Ethereum-based NFT trading. That's up from a monthly trading volume of $306 million in October, an increase of almost 100%. Just four days into December, NFT trading volume for the month has already reached almost $90 million, with nearly $70 million coming from transactions on the Blur NFT marketplace. Shift from OpenSea Since February of this year, the NFT sector has witnessed a notable market share shift from OpenSea to Blur, with the later marketplace now dominating almost 80% of total trading volume in the Ethereum-based NFT market. OpenSea, the NFT marketplace that was once dominant, has been ceding ground and currently holds around only 17% of NFT trading volume. According to The Block's Data Dashboard, there has also been an uptick in trading on Solana-based NFT marketplaces, with daily volumes rising throughout November and into December. On Nov. 30, total trading volume across Solana-based NFT markets stood at $9.3 million, a high not seen since April of this year. The majority of this volume was on Tensor, with over $5 million in daily trades. Blur, launched in October 2022, is a zero-fee NFT marketplace designed to cater to the needs of professional NFT traders.
Long
by DEXWireNews
Next Leg Up for BLURUSDT This pair has been making me some money lately. Ever since I saw it listed on Kucoin, I liked the name. Made me think of speed and I like fast trades! BLUR's been behaving quite predictably since I've been trading it and seems to still carry some steam. Recent rally averages (signals triggered by this same setup) are equal to +92.3%. So I'm aiming for anywhere between +80%-120% within the next 2-3 weeks . Ambitious? Yes. Possible? absolutely. Probable? Statistically likely. Who's in? Leave me a comment if you disagree or want to point out something I missed that invalidates my idea. Thanks and see ya later! Supertrend ✅ MACD✅ RSI ❌ VOLUME TREND ✅ Not financial advice.
Long
by ZpaceBuddha
1
BLUR - it is not the end.Today I bought back the previously sold BLUR tokens. It sounds crazy to buy a coin that has already given 4.5x from the bottom. At least I thought so before, so I skipped all the X’s on SOL etc. 1. Trading volumes The first thing that caught my eye was the trading volume. The price rises - volumes increase, falls - they decrease. Bullish. 2. Correction BLUR went into a correction of 30% from its local maximum. In a bull market, this is a good entry point into a position. 3. Is there room to grow? Looking at the team, goals and capitalization of the project, BLUR is still objectively undervalued. 4. Hype around Blast and BLUR. Many people are now talking about Blast (L2), whales are actively buying and locking BLUR to get an airdrop of Blast. This creates a demand for BLUR tokens and, accordingly, pushes the price up. 5. Unlocks between the team and investors The token has many unlocks ahead and it is in their interest to raise the price even higher before selling.
Long
by vitaliksandalik
BLURUSDT"As we enter the bullish season, the initial target to aim for is target : 9.0 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"
Long
by MKO_Trading
Blur - Short Term Double BottomBinance recently listed Blur sending it from $0.40 to $0.80. Now we have seen a pullback to the psychological $0.50 level and we see something interesting forming. The chart on the left shows us the Blur chart with more price action history. On our 4H RSI we see we did create a double bottom. On top of that we are started to form a W pattern. If price is able to break the neckline of the W pattern we will see price back above $0.60 based on the measured move. If we break down from the W pattern price will visit the 0.618 around $0.44. The chart on the right is the new binance PA chart. What's interesting is the strength of the buyers is increasing on Binance at the current price level. We know this by looking at our RSI and seeing the bullish divergence forming. We also see a clear double bottom has been formed so far. Also, a potential daily reversal doji could form on the close today, but If we break the double bottom with a candle body it will no longer be a good setup.
by VIAQUANT
BLUR/USDT Upward Movement from Demand Zone? 👀 🚀BLUR💎Paradisers, gear up for a promising opportunity with BLURUSDT. The asset is currently trading in a demand zone, indicating a strong likelihood of an upward move. 💎Previously, we've observed #BLUR breaking the resistance at $.4783. Interestingly, this break turned out to be a bullish trap, creating panic before bulls drove the price back up, transforming resistance into support. Currently, it is laying the groundwork for a bullish trajectory, with the demand zone reinforcing this bullish scenario. With its consistent upward momentum, #BLUR aims to target resistance at $.6816, and might extend its rally to challenge even higher resistance levels at $.7414. 💎On the flip side be prepared for a potential bullish resurgence from the support level of $.4792, especially if #BLUR struggles to maintain its upward movement. However, be aware that a fall below this support level could signal potential challenges in sustaining the bullish trend. 💎 In this dynamic and evolving market environment, strategic foresight and intelligent decision-making are paramount. Crafting a comprehensive trading strategy, encompassing sound money management and a thorough understanding of support and resistance levels, is key to achieving successful trading outcomes. 🌴💰
Long
by MyCryptoParadise
BLUR Price Slips As Whales Move $7 Mln BLUR To Binance & OKXThe BLUR cryptocurrency amassed substantial attention within the world of cryptocurrencies following increase in whale activity. BLUR, a cryptocurrency backed by Paradigm, recently gained significant traction within the cryptocurrency universe as the token witnessed massive whale activity as of today, November 27. As per market data, whales transferred over 7 million BLUR to centralized exchanges like Binance and OKX. The transfer of cryptos to exchanges illustrates a possible surge in supply, thereby resulting in a reduced demand for the cryptocurrency. Concurrent with the transfer of cryptos to exchanges, the BLUR price also witnessed a substantial fall at the time of writing. A Closer Look Into BLUR Whale Activity According to the data offered by Spot on Chain, a platform facilitating blockchain tracking, the BLUR price witnessed a cool-down subsequent to the dumping of tokens to exchanges. Reportedly, a whale, 0x13d.., deposited 3.75 million BLUR to Binance and OKX at $0.629 approximately 4 hours ago. The data portrayed that the wallet accumulated these holdings from OKX at $0.535 two days ago, hinting toward an estimated profit of $353,000. Furthermore, the second whale transaction that caught the eyes of crypto market enthusiasts transferred 1.67 million BLUR to Binance approximately 6 hours ago. The wallet address, 0x387…, transferred $1.05 million worth of BLUR to Binance at $0.629. Interestingly, the whale accumulated these holdings from OKX at $0.375 five days ago, indicating an estimated profit of $424,000. Furthermore, the wallet was found to be related to orz-allinornothing.eth. Besides the abovementioned transactions, a third transaction stirred up speculations among crypto market enthusiasts, transferring 1.75 million BLUR to OKX. As per the data, Wintermute Trading, a leading crypto market maker, deposited 1.75 million BLUR to OKX approximately 12 and 9 hours ago. Data portrays that the market maker deposited 4.25 million BLUR to Binance and OKX in the past two days. The mentioned transfer of coins to exchanges appears to fall in line with the recent plunge witnessed by the token. BLUR Price Plunges At the time of writing, the BLUR price witnessed a substantial fall of 12.12%, reaching $0.5274 today. However, the token showcased a phenomenal surge of 54.11% over the past week. Besides, the twenty-four-hour trading volume also witnessed a 12.80% fall, reaching $358.95 thousand while writing. The price plunge in the token appears to come in alignment with the recent dumping of coins to exchanges, displaying an increase in the total supply of the cryptocurrency.
Short
by DEXWireNews
Short BlurBlur is facing intense selling pressure, creating a resistance level for any upward movement. We’re also seeing a bearish divergence, coupled with wicks that are consistently facing sell-offs at the resistance points. Bull flags that are gearing up for another leg up don’t react this way. I’m going to keep building up my short position and the stop loss is highlighted. My take profit is the liquidity level down at the previous low. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Short
by WaltrAlexander
2