#BLUR
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 0.3280 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise...
12h time frame
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BLUR maintains downward trajectory since hitting $0.8, also formed a neckline that would be the critical resistance in future. However, BLUR is probable on a correction wave, also called Elliott 2nd wave, if we take a step back and look at the bigger picture. Current pullback is approximately 60%, that is still acceptable because just got support...
4h time frame
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BLUR is creating a big head and shoulders, and breaking out the short-term downtrend line so far. Neckline of HS is around 0.834, that is the critical resistance for BLUR to make further crazy pump. Entry after neckline got breakout doesn't provide that great RRR as current entry.
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TP: 1.255
SL: 0.363
BLUR and WLD have hery similar price action and volume behavior. WLD has already pumped , BLUR - no. When money will flow to ETH and its ecosystem BLUR may perform well.
4h time frame
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BLUR is creating a small diamond structure during increasing way. Diamond is a netural structure that doesn't tend to be pump or dump; however, BLUR is getting support from the uptrend line of this diamond, and almost complete the retest of cup and handle, all signs show current support is effective.
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TP: 1.2
SL: 0.63
💎 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...
BYBIT:BLURUSDT.P
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.)
If you' miss the buy signal, the best entry point could be on the Hero indicator support.
With proper support, the price can break its upper resistance.
Paradisers, take note! BLURUSDT is finally poised for an intriguing move, currently trading in a demand zone and showing signs of upward momentum👀
💎 Interestingly, while the price of Blur has been trending downward, the MACD indicator is pointing upwards, signaling a bullish divergence and hinting at a potential upward shift.
💎 Above, there's a well-defined...
Did you guys miss me, chaos the shitcoin specialist, blur consolidated on the last line of support on the 1 hr, This support level holding since June the 16th.
Friday June 30th, it broke and reformed forming a bullish harmonic pattern, at least an 11% move. My entry 0.3325, at least a 11% move.
If you guys want too know what shitcoin I am looking at before I...
$BLUR: 100% is inevitable.
This kind of setup shouldn't be missed.
Broke above the resistance cluster.
Likely to hit $1.5, a decent target considering the current market conditions.
DYOR, NFA
Please hit the like button if. you like it.
Thank you
#PEACE
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...
"Possible new bullish channel on blur (still needs correction to make sense)"
if the price loses strength in the region where it is now, it is likely that this channel will be respected (buys in the lower quarter when there is confirmation of a rise)
if you believe in an explosive rise (which is very likely given the current situation of ETH which is on a free...
