This chart shows #NFT's will still do a thriving business in the crazy part of the crypto cycle :)
Inverse Head & Shoulders... not the prettiest but it's there.
I do expect that $3 to be hit...
which gives Blur a Fully diluted value of $9 billion dollars
Sounds "reasonable" :)
BINANCE:BLURUSDT (4H CHART) Technical Analysis Update
BLUR is currently trading at $0.6676 and showing overall Bullish sentiment
Price currently broken out from the resistance line. the next target is around 0.75 which is our exit price.
Entry level: $ 0.6479 - 0.6677
Stop loss level: $0.5604
Target 1: $ 0.6940
Target 2: $ 0.7361
Target 3: $ 0.8270
Certainly! Let's break down the provided information about trading the #BLUR/USDT pair:
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...
A sharp channel up can be plotted on BLUR
If you plot a bars pattern, predicting price movement up, an angled W pattern can be seen to emerge out of the channel. Just tilt your head to the left slightly.
BLUR serves as the governance token for Blur, a non-fungible token (NFT) marketplace and aggregator platform.
BLUR Market Cap is $813Mil
BLUR Fully Diluted Market Capitalization is $1,96 Billion!
49.46M $BLUR(about $32.50M) was unlocked yesterday and they will be unlocking more coins next month!
I have a rival to study for comparison, Rarible and its token RARI....
H&S completion with a strong bull move following in green.
I have shown the left and right shoulders and head in grey.
What I am assuming is a large bull move comes after completion.
Blur has had and is still having a lot of success in the NFT area also so this furthers the bullish emphasis.
We have identified an A wave and a large B wave on the chart. From where we have entered on the chart "START" our big B wave has started
Wave B appears to be a rising diametric, with only its final wave, the g wave, remaining.
In the green range (flip), you can look for buy/long positions.
We have specified the targets on the chart. Closing a daily candle below...
💎 Paradisers, focus on #BLURUSDT, which is currently showing signs that point to a potential bullish move from its support zone.
💎 Amid the recent market uncertainties, Blur has experienced a downward trend. Now, if it can successfully hold momentum at the support zone of $.3754, there's a significant chance it might initiate a bullish push towards the strong...
This idea has a medium-term profit target.
All targets are indicated on the graph with a red eye.
- Risk 0.5% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
📈Today, I want to check the Blur(BLUR) project for you, which can increase by at least ➕40% in the coming days.
📚What Is Blur (BLUR)❗️❓
🔸 BLUR is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace...
BLUR macro structure looks bullish of late, traded it yesterday and got stopped out.
Now looking at it, I have a few levels of interest and targets based on the fibonacci method and cup and handle measured move.
Finding a entrance now will be difficult but I do believe a possible back test to the .2038 fib could be a good entry.
Meanwhile BTC is...
BLUR/USDT is breaking horizontal resistance...
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment...
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...
Date: January 11, 2024
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...