URGENT | Mock Up Price Action for BLUR | Near Term (12H)
URGENT | Mock Up Price Action for
BLURUSDT
| Near Term (12HR)
- Watching and waiting for THE opportunity to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions / news
Additional Remarks
- Something feels off. This doesn't pass the smell test. Tokens unlocked/available, typically a dump moment, but instead the coin pumps. WHY?
- Digging further, data shows ~84% of tokens owned by whales.
- Light colored rectangles represent logical trader mentality and TA driven smart price points for major FIB and resistance levels to enter short.
- Red colored rectangles represent seemingly impossible price points that I am going to be targeting to enter short.
- The entire setup and feel of this thing, is giving of major
TRBUSDT
vibes. I'm not taking any chances. Trade carefully everyone, be smart, use the lowest leverage possible and have enough capital on hand to cover rapid impulses upwards that pick up momentum and run away from you in a flash.
BLURUSDT
| Near Term (12HR) - Watching and waiting for THE opportunity to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions / news
Additional Remarks
- Something feels off. This doesn't pass the smell test. Tokens unlocked/available, typically a dump moment, but instead the coin pumps. WHY?
- Digging further, data shows ~84% of tokens owned by whales.
- Light colored rectangles represent logical trader mentality and TA driven smart price points for major FIB and resistance levels to enter short.
- Red colored rectangles represent seemingly impossible price points that I am going to be targeting to enter short.
- The entire setup and feel of this thing, is giving of major
TRBUSDT
vibes. I'm not taking any chances. Trade carefully everyone, be smart, use the lowest leverage possible and have enough capital on hand to cover rapid impulses upwards that pick up momentum and run away from you in a flash.
Comment:
Comment:
I think that is what is about to happen here with BLUR.